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acquisitionAnnounced · Mar 18, 2026E-commerceSource · CredibleArticle · Factual
The RealReal
Penn Capital Management
The RealReal · Penn Capital Management

Penn Capital Management acquires The RealReal

David Najork
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
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Deal value
$12.6M
Target
The RealReal
The RealReal
NASDAQ: REAL · San Francisco, California
Acquirer
Penn Capital Management
Penn Capital Management
Financial Stake
Status
Completed

Penn Capital Management agreed to acquire The RealReal. Reported deal value: $12.6M. Status: Completed. Sector: E-commerce. Target headquarters context: San Francisco, California, United States.

This page summarizes publicly available information about the transaction as of 2026-03-18. Figures and status may change as filings and press coverage update.

Penn Capital Management Company LLC Acquires New Stake in The RealReal , Inc. $REAL

Deal timeline

Announced
Mar 18, 2026 · marketbeat.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context

This transaction is classified in E-commerce with a reported deal value of $12.6M. Figures and status may change as sources update.

Sources: marketbeat.com · Primary article · FireStrike proprietary index