Reformation Inc.

424B4 priced

Price $15.00 · 14,062,500 shares · Gross proceeds $210,937,500

EFFECT effective

8-A12B effective

CERT inactive

S-1/A amended

Reformation Inc. filed Amendment No. 2 to its S-1 registration statement on July 23, 2026, as an exhibits-only filing. The amendment includes the facing page, explanatory note, Item 16(a) of Part II, signature page, and exhibits, with the rest of the registration statement unchanged. The filing includes corporate details, executive information, and legal documents related to the IPO.

S-1/A amended

Range $15.00 to $17.00 · 14,062,500 shares

Reformation Inc. details its DTC net revenue growth, customer base expansion, and store count increases in the current S-1/A filing. The company highlights a 4% CAGR in DTC Net Revenue per Customer from 2023-2025, with 1,135,000 customers as of Q1 2026. Store count grew to 66 as of Q1 2026, with strategic expansions and store closures impacting performance. Gross margin was affected by IEEPA tariffs and subsequent refunds, with a focus on supply chain diversification and omnichannel growth.

S-1 filed

Reformation Inc. outlines its growth strategy focused on expanding DTC and wholesale channels, increasing product categories, and entering international markets. The company reports strong financials including 19% CAGR in net revenue, 20 consecutive quarters of double-digit growth, and profitability from 2018-2025 (except 2020). Key metrics include 1.14 million active customers, 70.3% gross margin in Q1 2026, and 8.9% Adjusted EBITDA margin. The filing emphasizes operational excellence and sustainability initiatives.

DRS/A amended

DRS/A amended

DRS filed