LightInTheBox Plans Annual General Meeting for Shareholder Engagement
LightInTheBox Holding Co., Ltd. (NYSE: LITB), a prominent apparel e-commerce retailer committed to shipping products worldwide, is excited about its upcoming annual general meeting (AGM).
Meeting Details
The AGM is scheduled for 10:00 a.m. local time at the 11th Floor, 1188 Financial Center, located at No. 1188 Minsheng Road in the Pudong New Area. This meeting will focus on discussing and approving several key resolutions outlined in the official AGM notice. This event offers an essential chance for shareholders to connect with the company directly.
Record Date for Shareholders
To ensure that all interested shareholders can participate, the board has established September 23, 2024, as the record date. Only those who hold ordinary shares of the company as of the close of business on this date will be allowed to vote or attend the meeting.
Voting Process for American Depositary Shares
It's important for shareholders holding American Depositary Shares (ADSs) to know that voting rights must be exercised through The Bank of New York Mellon, which serves as the depositary for the ADS program, or via a broker if the shares are held through an intermediary. This process guarantees that all holders can effectively express their views during the AGM.
Company’s Commitment to Transparency
In line with its dedication to transparency, LightInTheBox has submitted its annual report for the fiscal year that ended on December 31, 2023, to the U.S. Securities and Exchange Commission (SEC). This report contains audited financial statements that are accessible on the company’s website, providing shareholders with critical insights into the company's performance and operations.
Accessing the Annual Report
Shareholders can easily access the annual report, which details LightInTheBox's financial health and operational outlook. Furthermore, the company welcomes shareholders who wish to receive physical copies to reach out directly with their requests.
About LightInTheBox
LightInTheBox is focused on e-commerce, primarily delivering quality apparel to a global market. The company particularly targets middle-aged and senior consumers while utilizing a strong worldwide supply chain to provide a diverse array of attractive products.
With a considerable selection of offerings, the company operates multiple platforms, including its main site, allowing customers from over 140 countries to discover fashion choices that cater to their preferences. This well-rounded approach aims to foster enjoyable shopping experiences.
Frequently Asked Questions
What is the purpose of the annual general meeting?
The AGM provides a platform for shareholders to review and vote on important resolutions related to the company’s operations and future strategy.
When is the record date for voting?
Sept 23, 2024, is the record date for shareholders who are eligible to vote in the AGM.
How can shareholders vote if they hold ADSs?
Holders of ADSs must vote through The Bank of New York Mellon or their broker in order to exercise their voting rights.
How can I access LightInTheBox’s annual report?
Shareholders can find the annual report on the company's official website, which offers insights into its financial performance and overall strategy.
What markets does LightInTheBox serve?
LightInTheBox caters to consumers globally, focusing on providing services to over 140 countries through its various online platforms.
