BEIJING, April 3, 2019
/PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB)
("LightInTheBox" or the "Company"), a cross-border e-commerce
platform that delivers products directly to consumers around the
world, today announced it received notice from the New York Stock
Exchange ("NYSE") on April 1, 2019
indicating that the Company's stock price was above the NYSE's
minimum requirement of $1 based on a
30-trading day average. Accordingly, the Company is no longer
considered below the $1 continued
listing criterion.
LightInTheBox had previously been notified by NYSE
in October 2018 that the Company was "below criteria" due
to the average closing price of the Company's ADSs being less than
US$1.00 over a consecutive
30-trading-day period. In order to regain compliance with the rule,
the Company was given the later of its subsequent annual meeting
date or six months following receipt of notification to bring its
stock price above the $1 minimum
level with a deadline date of April 22,
2019. This requirement was met on March 29, 2019 as the Company's stock price was
above the NYSE's minimum requirement of $1 based on a 30-trading day average.
About LightInTheBox Holding Co., Ltd.
LightInTheBox is a cross-border e-commerce platform that
delivers products directly to consumers around the world. The
Company offers customers a convenient way to shop for a wide
selection of products at attractive prices through its
www.lightinthebox.com, www.miniinthebox.com, www.ezbuy.com and
other websites and mobile applications, which are available in 23
major languages and cover more than 100 countries.
For more information, please visit www.lightinthebox.com.
Investor Relations Contact
Christensen
Ms. Xiaoyan Su
Tel: +86 (10) 5900 3429
Email: ir@lightinthebox.com
OR
Christensen
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com
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SOURCE LightInTheBox Holding Co., Ltd.