Online retail company, LightInTheBox Holding Co., Ltd (LITB), Thursday said it priced the initial public offering of 8,300,000 American depositary shares at $9.50 per ADS, for a size of $78.85 million. The ADSs are expected to begin trading on the New York Stock Exchange on June 6 under the symbol LITB.
The underwriters have been given an option of buying 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.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.