Woodson Capital Entities Report 3.04% Ownership in TheRealReal, Inc.

Woodson Capital Management, LP, along with its related entities, has reported a 3.04% ownership in TheRealReal, Inc. through a Schedule 13G/A filing. The entities include Woodson Capital Master Fund, LP, Woodson Capital General Partner, LLC, Woodson Capital GP, LLC, and James Woodson Davis. The filing indicates that these entities collectively own 3,500,000 shares of Class A Common Stock. The shares are held with shared voting and dispositive power. The filing also certifies that the securities were not acquired for the purpose of influencing the control of the issuer. The amendment was filed on October 10, 2025, and the event date requiring this filing is September 10, 2025.