Case study analysis about valuation

A brief (maximum two pages) and tightly focused around the key question. For any of these the “why” you believe what you’re saying in the paper is as important as the conclusion. I want to understand your reasoning and some level of analysis. I just want you to be able to look at some facts and figures and draw an initial conclusion.
Key question: The RealReal: Was the IPO priced correctly (this gets to the question of valuation)?
Please check out attachment below for the case study. 12ft Time New Roman, either double or single spaced is okay as long as it has enough analysis.
Please put your effort to do this. This is not just a general information question. My professor is a hard grading. Be aware that I might ask for edit or revise as needed.