Core Insights - The RealReal is the largest online marketplace for authenticated, resale luxury goods, boasting over 40 million members [2] - The company emphasizes a rigorous authentication process managed by experts, ensuring a safe platform for buying and selling luxury items [2] - The RealReal supports the circular economy by giving new life to luxury items across various categories, including fashion, jewelry, art, and home goods [2] Company Overview - The RealReal employs hundreds of in-house gemologists, horologists, and brand authenticators who inspect thousands of items daily [2] - The company offers a seamless selling experience with services such as free virtual appointments, in-home pickup, drop-off, and direct shipping [2] - The RealReal utilizes AI and machine learning to determine optimal pricing for items, handling all aspects of the consignment process, including authentication, photography, listing, shipping, and customer service [2] Investor Engagement - The RealReal will participate in the B. Riley 8th Annual Consumer & TMT Conference on September 10, 2025, and the Wells Fargo 8th Annual Consumer Conference on September 16-17, 2025 [3]

Core Insights - The RealReal has successfully paid off the remaining $26,749,000 of its 3% Convertible Senior Notes due 2025, marking a significant step in reducing its overall debt [1][2] - The company has reduced its total indebtedness by $63 million year to date and $81 million over the last 16 months, indicating a strong focus on deleveraging [1][2] - The CFO highlighted that the paydown enhances financial flexibility and supports strategic growth initiatives, reinforcing the company's position in the luxury resale market [2] Company Overview - The RealReal is the largest online marketplace for authenticated resale luxury goods, boasting over 38 million members [3] - The company employs a rigorous authentication process with hundreds of in-house experts to ensure the reliability of its platform for buying and selling luxury items [3] - The RealReal promotes sustainability by supporting the circular economy, offering services such as free virtual appointments, in-home pickups, and direct shipping for consignors [3]