LightInTheBox to Change ADS Ratio From 1:2 to 1:12, Effective September 5
LightInTheBox to Change ADS Ratio From 1:2 to 1:12, Effective September 5
LightInTheBox Holding Co., Ltd. (NYSE:LITB) ("LightInTheBox" or the "Company"), an apparel e-commerce retailer that ships products to consumers worldwide, today announced that it plans to change the ratio of its American depositary shares ("ADSs") to its ordinary shares (the "ADS Ratio Change"), par value US$0.000067 per share, from the current ratio of one (1) ADS representing two (2) ordinary shares to a new ratio of one (1) ADS representing twelve (12) ordinary shares. The Company aims to effectuate the ADS Ratio Change on or about September 5, 2024, U.S. Eastern Time (the "Effective Date").
蘭亭集勢控股有限公司（NYSE：LITB）（「蘭亭集勢」或「公司」），一家向全球消費者運送產品的服裝電子商務零售商，今天宣佈計劃將其美國存託憑證（「ADSs」）與普通股（「ADS比例變動」）的比例從當前的每一（1）個ADS代表兩（2）個普通股更改爲每一（1）個ADS代表十二（12）個普通股。該公司計劃在2024年9月5日（美國東部時間）左右完成ADS比例變動（「生效日期」）。