Filed Pursuant to Rule 433 under the Securities Act of 1933
Issuer Free Writing Prospectus dated July 26, 2017
Relating to Preliminary Prospectus issued July 17, 2017
Registration Statement No. 333-219093
Update and Supplement to Preliminary Prospectus
Issued July 26, 2017
This free writing prospectus relates to the initial public offering of common stock of Redfin Corporation (Redfin) and should be read together with the preliminary prospectus issued July 17, 2017 (the Preliminary Prospectus) that was included in Amendment No. 1 to the Registration Statement on Form S-1 (File No. 333-219093) relating to this offering of our common stock. On July 26, 2017, Redfin filed Amendment No. 2 to the Registration Statement (Amendment No. 2) relating to this offering of our common stock, which may be accessed through the following link:
References to Redfin, we, and our are used in the manner described in the Preliminary Prospectus. The following information is set forth in Amendment No. 2 and updates and supplements the information contained in the Preliminary Prospectus.
Update to BusinessLegal Proceedings
The following updates and supplements the discussion in the Preliminary Prospectus under the caption BusinessLegal Proceedings:
On July 24, 2017, we received a letter from counsel to David Eraker, one of Redfins founders and our former CEO. The letter asserts a variety of claims against us, Paul Goodrich, a director, and Madrona Venture Group, an investor, related to events prior to Mr. Erakers departure from Redfin in August 2006. Mr. Eraker released all claims against Redfin in connection with his departure. The letter focuses on allegations about the inventorship of one of Redfins patent applications that has not issued and does not cover our current products or services. The letter threatens litigation, but no complaint has been filed. We believe these claims have no merit. We will defend ourselves vigorously if Mr. Eraker sues us. However, litigation is uncertain and expensive, and any judgment or settlement could harm our business.
Redfin has filed a registration statement (including the Preliminary Prospectus) with the Securities and Exchange Commission (the SEC) for the offering to which this communication relates. Before you invest, you should read the Preliminary Prospectus in that registration statement and other documents Redfin has filed with the SEC for more complete information about Redfin and this offering. You may get these documents for free by visiting EDGAR on the SEC web site at www.sec.gov. Alternatively, a copy of the Preliminary Prospectus may be obtained from Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, or by telephone at (866) 471-2526, or by facsimile at (212) 902-9316, or by email at email@example.com; or from Allen & Company LLC, Attention: Prospectus Department, 711 Fifth Avenue, 10th Floor, New York, NY 10022, or by telephone at (212) 339-2220, or by email at firstname.lastname@example.org.