LightInTheBox Announces Annual Meeting to Engage Shareholders
LightInTheBox Plans Annual General Meeting for Shareholder Engagement
LightInTheBox Holding Co., Ltd. (NYSE: LITB), a leading apparel e-commerce retailer dedicated to shipping products globally, is looking forward to its upcoming annual general meeting (AGM).
Meeting Details
The AGM will take place at the 11th Floor, 1188 Financial Center, No. 1188 Minsheng Road, Pudong New Area, at 10:00 a.m. local time. The meeting aims to discuss and pass several important resolutions as indicated in the official AGM notice. This event presents a vital opportunity for shareholders to engage with the company directly.
Record Date for Shareholders
To ensure that all concerned shareholders can participate, the board has established September 23, 2024, as the record date. Only those holding ordinary shares of the company at the close of business on this date will be entitled to vote or attend the meeting.
Voting Process for American Depositary Shares
For shareholders who hold American Depositary Shares (ADSs), it's essential to note that exercise of voting rights must be done through The Bank of New York Mellon, the depositary for the ADS program, or via a broker if the shares are held by an intermediary. This process ensures that all holders can effectively voice their opinions during the AGM.
Company’s Commitment to Transparency
In keeping with its commitment to transparency, LightInTheBox has filed its annual report for the fiscal year ending December 31, 2023, with the U.S. Securities and Exchange Commission (SEC). This report includes audited financial statements which are accessible on the company’s website, providing shareholders with essential insights into the company’s operations.
Accessing the Annual Report
Shareholders may conveniently view the annual report which outlines LightInTheBox's financial standing and operational outlook. Additionally, the company encourages shareholders who desire physical copies to reach out directly for their requests.
About LightInTheBox
LightInTheBox specializes in e-commerce and focuses on providing quality apparel to a global audience. The company prioritizes middle-aged and senior consumers while leveraging a robust global supply chain to offer a wide range of aesthetically pleasing products.
With its extensive range of offerings, the company operates several platforms, including its main site, allowing customers from over 140 countries to explore fashion options tailored to their needs. This comprehensive approach is designed to create positive shopping experiences.
Frequently Asked Questions
What is the purpose of the annual general meeting?
The AGM allows shareholders to consider and vote on significant resolutions regarding the company’s operations and strategic direction.
When is the record date for voting?
The record date for shareholders eligible to vote in the AGM is September 23, 2024.
How can shareholders vote if they hold ADSs?
Holders of ADSs must vote through The Bank of New York Mellon or their broker to exercise their voting rights.
How can I access LightInTheBox’s annual report?
The annual report is available on the company's official website, providing insights into financial performance and strategy.
What markets does LightInTheBox serve?
LightInTheBox serves consumers around the world, with a focus on more than 140 countries through its various online platforms.
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