Thursday, June 06, 2013 7:16:19 PM
http://ih.advfn.com/p.php?pid=nmona&article=57873934&symbol=LITB
LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a global online retail company that delivers products directly to consumers around the world, today announced that it has priced its initial public offering of 8,300,000 American depositary shares (“ADSs”), with each ADS representing two ordinary shares of the Company, at US$9.50 per ADS, for a total offering size of approximately US$78.85 million, assuming the underwriters do not exercise their option to purchase additional ADSs. The ADSs are expected to begin trading on the New York Stock Exchange on June 6, 2013 under the symbol “LITB.”
The Company and certain selling shareholders have granted the underwriters an option, exercisable within 30 days from the date of the final prospectus, to purchase up to an additional 1,245,000 ADSs at the initial public offering price, less the underwriting discounts.
Credit Suisse and Stifel acted as joint bookrunners and Pacific Crest Securities, Oppenheimer & Co. and China Renaissance Securities acted as co-managers for the offering.
LightInTheBox’s registration statement relating to the initial public offering has been filed with, and declared effective by, the United States Securities and Exchange Commission. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of these securities, in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
The offering of the securities is made only by means of a prospectus forming a part of the effective registration statement. A copy of the prospectus relating to the offering may be obtained by contacting Credit Suisse, Attn: Prospectus Department, Eleven Madison Avenue, New York, New York 10010, United States of America, by email at newyork.prospectus@credit-suisse.com, or by phone at +1 (800) 221-1037; or Stifel, Nicolaus & Company, Incorporated, Attn: Prospectus Department, One Montgomery Street, 36th Floor, San Francisco, CA 94104; or by calling +1 (415) 364-2720, or by email at syndprospectus@stifel.com.
Recent LITB News
- LightInTheBox Files 2023 Annual Report on Form 20-F • PR Newswire (US) • 03/28/2024 10:30:00 AM
- LightInTheBox Announces (1) Fourth Quarter and Full Year 2023 Financial Results and (2) Receipt of Non-compliance Letter from NYSE Regarding ADS Trading Price • PR Newswire (US) • 03/25/2024 10:00:00 AM
- LightInTheBox to Report Fourth Quarter and Full Year 2023 Financial Results on Monday, March 25, 2024 • PR Newswire (US) • 03/18/2024 10:00:00 AM
- Form 20-F/A - Annual and transition report of foreign private issuers [Sections 13 or 15(d)]: [Amend] • Edgar (US Regulatory) • 01/08/2024 09:00:31 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 01/03/2024 11:03:08 AM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 12/13/2023 11:01:09 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/28/2023 11:01:56 AM
- LightInTheBox Reports Third Quarter 2023 Financial Results • PR Newswire (US) • 11/28/2023 11:00:00 AM
- LightInTheBox to Report Third Quarter 2023 Financial Results on Tuesday, November 28, 2023 • PR Newswire (US) • 11/21/2023 10:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/28/2023 08:00:22 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/15/2023 10:09:17 AM
- LightInTheBox Reports Second Quarter 2023 Financial Results • PR Newswire (US) • 09/15/2023 10:00:00 AM
- LightInTheBox to Report Second Quarter 2023 Financial Results on Friday, September 15, 2023 • PR Newswire (US) • 09/08/2023 10:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/17/2023 10:07:58 AM
- LightInTheBox to Hold Annual General Meeting on September 28, 2023 • PR Newswire (US) • 08/17/2023 10:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 06/29/2023 10:05:58 AM
- LightInTheBox Announces Share Repurchase Program • PR Newswire (US) • 06/29/2023 10:00:00 AM
- LightInTheBox Among Top 50 Kantar BrandZ Chinese Global Brand Builders for 2023 • PR Newswire (US) • 06/16/2023 09:45:00 AM
- LightInTheBox Reports First Quarter 2023 Financial Results • PR Newswire (US) • 05/26/2023 10:00:00 AM
- LightInTheBox to Report First Quarter 2023 Financial Results on Friday, May 26, 2023 • PR Newswire (US) • 05/19/2023 10:00:00 AM
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