Filed Pursuant to Rule 424(b)(3)
Registration No. 333-260976
Registration No. 333-264085
Prospectus Supplement No. 5
(to Prospectus dated
April 5, 2023)
Prospectus Supplement No. 5
(to Prospectus dated April 5, 2023)
WeWork Inc.
760,765,488 Shares of Class A Common Stock
7,773,333 Warrants to Purchase Class A Common Stock
This prospectus supplement is a supplement to the prospectus dated April 5, 2023, which forms a part of our Registration Statement on
Form S-1 (File No. 333-260976) (as supplemented to date, the First Prospectus), and the prospectus dated April 5, 2023, which forms a part
of our Registration Statement on Form S-1 (File No. 333-264085) (as supplemented to date, the Second Prospectus and, together with the First
Prospectus, the Prospectuses). This prospectus supplement is not a new registration of securities but is being filed solely to update and supplement the information in the Prospectuses with the information contained in our
Current Report on Form 8-K, filed with the Securities and Exchange Commission on April 24, 2023 (the Current Report). Accordingly, we have attached the
Current Report to this prospectus supplement.
This prospectus supplement updates and supplements the information in the Prospectuses and
is not complete without, and may not be delivered or utilized except in combination with, the Prospectuses, including any amendments or supplements thereto. This prospectus supplement should be read in conjunction with the Prospectuses and if there
is any inconsistency between the information in the Prospectuses and this prospectus supplement, you should rely on the information in this prospectus supplement. The First Prospectus, together with this prospectus supplement, relate to
(1) the issuance by us of up to 117,438,299 shares of Class A Common Stock, par value $0.0001 per share (the Class A Common Stock), including the shares that may be issued upon exercise of warrants to
purchase Class A Common Stock at an exercise price of $11.50 per share of Class A Common Stock, consisting of the public warrants and the private placement warrants (each as defined in the First Prospectus); and (2) the offer and
sale, from time to time, by the selling securityholders identified in the First Prospectus or their permitted transferees, of up to 642,774,807 shares of Class A Common Stock (including shares underlying warrants). The Second Prospectus,
together with this prospectus supplement, relate to the offer and sale, from time to time, by the selling securityholders identified in the Second Prospectus or their permitted transferees, of up to 552,382 shares of Class A Common Stock
(including shares underlying warrants) and up to 7,773,333 private placement warrants.
Our Class A Common Stock and warrants are
traded on the New York Stock Exchange (NYSE) under the symbols WE and WE WS, respectively. On April 21, 2023, the closing price of our Class A common stock was $0.45 per share, and the closing
price of our warrants was $0.04 per warrant.
Investing in our securities involves risks. See
Risk Factors in the Prospectuses and in any applicable prospectus supplement.
Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of the securities or
determined if the Prospectuses or this prospectus supplement are truthful or complete. Any representation to the contrary is a criminal offense.
The date of
this prospectus supplement is
April 24, 2023.