Lightinthebox Holding Co., Ltd.
A cross-border online retailer based in China that sells affordable apparel, electronics, home goods, and accessories to shoppers around the world through its flagship LightInTheBox.com and miniInTheBox.com sites. Founded in 2007 by entrepreneur Guo Quji, the company grew out of a small Beijing operation and later became the first Chinese cross-border e-commerce firm to list on the New York Stock Exchange. The name plays on the idea of finding treasures in a box, a nod to its early days shipping surprise-packed packages to customers in dozens of countries.
ADR representing ordinary shares
Item 4 of the Schedule 13D is hereby amended by inserting the following information at the end of Item 4: On July 10, 2026, Conner Growth entered into a subscription agreement (the "Subscription Agreement") with the Issuer, pursuant to which Conner Growth agreed to purchase 4,254,553 Ordinary Shares of the Issuer (the "Subscribed Shares") in a private placement (the "PIPE") at a purchase price of US$0.2566667 per Ordinary Share (equivalent to US$3.08 per ADS, each representing twelve (12) Ordinary Shares), for an aggregate purchase price of approximately US$1,092,003. The PIPE was consummated on August 10, 2026. As a result of the closing of the PIPE, He Jian beneficially holds 56,724,977 Ordinary Shares in the form of ordinary shares and ADSs as of August 10, 2026, representing approximately 24.1% of the total outstanding Ordinary Shares of the Issuer. The Subscription Agreement contains customary representations, warranties, and covenants of the Issuer and Conner Growth. Pursuant to the Subscription Agreement, the Issuer has agreed to file a registration statement with respect to the resale of Subscribed Shares.
Item 4 of the Schedule 13D is hereby amended by inserting the following information at the end of Item 4: On July 10, 2026, Conner Growth entered into a subscription agreement (the "Subscription Agreement") with the Issuer, pursuant to which Conner Growth agreed to purchase 4,254,553 Ordinary Shares of the Issuer (the "Subscribed Shares") in a private placement (the "PIPE") at a purchase price of US$0.2566667 per Ordinary Share (equivalent to US$3.08 per ADS, each representing twelve (12) Ordinary Shares), for an aggregate purchase price of approximately US$1,092,003. The PIPE was consummated on August 10, 2026. As a result of the closing of the PIPE, He Jian beneficially holds 56,724,977 Ordinary Shares in the form of ordinary shares and ADSs as of August 10, 2026, representing approximately 24.1% of the total outstanding Ordinary Shares of the Issuer. The Subscription Agreement contains customary representations, warranties, and covenants of the Issuer and Conner Growth. Pursuant to the Subscription Agreement, the Issuer has agreed to file a registration statement with respect to the resale of Subscribed Shares.
Item 4 of the Initial Statement is hereby amended and supplemented by adding the following as the last paragraph under the heading "Further Matters": From September 10, 2024 to September 12, 2024, Mr. Yan Zhi has acquired 1,470,372 Ordinary Shares in the form of ADS, from the open market at a weighted average price of $0.3148 per Ordinary Share. On September 12, 2024, the closing price of the Ordinary Shares of the Issuer on the New York Stock Exchange was approximately $0.3833 per Ordinary Share. From March 26, 2025 to March 31, 2025, Mr. Yan Zhi has acquired 3,696,408 Ordinary Shares in the form of ADS, from the open market at a weighted average price of $0.1190 per Ordinary Share. On March 31, 2025, the closing price of the Ordinary Shares of the Issuer on the New York Stock Exchange was approximately $0.1667 per Ordinary Share.
Item 4 of the Initial Statement is hereby amended and supplemented by adding the following as the last paragraph under the heading "Further Matters": From September 10, 2024 to September 12, 2024, Mr. Yan Zhi has acquired 1,470,372 Ordinary Shares in the form of ADS, from the open market at a weighted average price of $0.3148 per Ordinary Share. On September 12, 2024, the closing price of the Ordinary Shares of the Issuer on the New York Stock Exchange was approximately $0.3833 per Ordinary Share. From March 26, 2025 to March 31, 2025, Mr. Yan Zhi has acquired 3,696,408 Ordinary Shares in the form of ADS, from the open market at a weighted average price of $0.1190 per Ordinary Share. On March 31, 2025, the closing price of the Ordinary Shares of the Issuer on the New York Stock Exchange was approximately $0.1667 per Ordinary Share.
| Holder | Schedule | % of class | Shares | Filed |
|---|---|---|---|---|
| He Jian | 13D/AActivist | 24.1% | 56.72M | Aug 11, 2026 |
Item 4 of the Schedule 13D is hereby amended by inserting the following information at the end of Item 4: On July 10, 2026, Conner Growth entered into a subscription agreement (the "Subscription Agreement") with the Issuer, pursuant to which Conner Growth agreed to purchase 4,254,553 Ordinary Shares of the Issuer (the "Subscribed Shares") in a private placement (the "PIPE") at a purchase price of US$0.2566667 per Ordinary Share (equivalent to US$3.08 per ADS, each representing twelve (12) Ordinary Shares), for an aggregate purchase price of approximately US$1,092,003. The PIPE was consummated on August 10, 2026. As a result of the closing of the PIPE, He Jian beneficially holds 56,724,977 Ordinary Shares in the form of ordinary shares and ADSs as of August 10, 2026, representing approximately 24.1% of the total outstanding Ordinary Shares of the Issuer. The Subscription Agreement contains customary representations, warranties, and covenants of the Issuer and Conner Growth. Pursuant to the Subscription Agreement, the Issuer has agreed to file a registration statement with respect to the resale of Subscribed Shares. | ||||
| Conner Growth Holding Limited | 13D/AActivist | 22.5% | 52.96M | Aug 11, 2026 |
Item 4 of the Schedule 13D is hereby amended by inserting the following information at the end of Item 4: On July 10, 2026, Conner Growth entered into a subscription agreement (the "Subscription Agreement") with the Issuer, pursuant to which Conner Growth agreed to purchase 4,254,553 Ordinary Shares of the Issuer (the "Subscribed Shares") in a private placement (the "PIPE") at a purchase price of US$0.2566667 per Ordinary Share (equivalent to US$3.08 per ADS, each representing twelve (12) Ordinary Shares), for an aggregate purchase price of approximately US$1,092,003. The PIPE was consummated on August 10, 2026. As a result of the closing of the PIPE, He Jian beneficially holds 56,724,977 Ordinary Shares in the form of ordinary shares and ADSs as of August 10, 2026, representing approximately 24.1% of the total outstanding Ordinary Shares of the Issuer. The Subscription Agreement contains customary representations, warranties, and covenants of the Issuer and Conner Growth. Pursuant to the Subscription Agreement, the Issuer has agreed to file a registration statement with respect to the resale of Subscribed Shares. | ||||
| Yan Zhi | 13D/AActivist | 27.7% | 61.19M | Apr 2, 2025 |
Item 4 of the Initial Statement is hereby amended and supplemented by adding the following as the last paragraph under the heading "Further Matters": From September 10, 2024 to September 12, 2024, Mr. Yan Zhi has acquired 1,470,372 Ordinary Shares in the form of ADS, from the open market at a weighted average price of $0.3148 per Ordinary Share. On September 12, 2024, the closing price of the Ordinary Shares of the Issuer on the New York Stock Exchange was approximately $0.3833 per Ordinary Share. From March 26, 2025 to March 31, 2025, Mr. Yan Zhi has acquired 3,696,408 Ordinary Shares in the form of ADS, from the open market at a weighted average price of $0.1190 per Ordinary Share. On March 31, 2025, the closing price of the Ordinary Shares of the Issuer on the New York Stock Exchange was approximately $0.1667 per Ordinary Share. | ||||
| Zall Development Investment Company Limited | 13D/AActivist | 22.7% | 50.00M | Apr 2, 2025 |
Item 4 of the Initial Statement is hereby amended and supplemented by adding the following as the last paragraph under the heading "Further Matters": From September 10, 2024 to September 12, 2024, Mr. Yan Zhi has acquired 1,470,372 Ordinary Shares in the form of ADS, from the open market at a weighted average price of $0.3148 per Ordinary Share. On September 12, 2024, the closing price of the Ordinary Shares of the Issuer on the New York Stock Exchange was approximately $0.3833 per Ordinary Share. From March 26, 2025 to March 31, 2025, Mr. Yan Zhi has acquired 3,696,408 Ordinary Shares in the form of ADS, from the open market at a weighted average price of $0.1190 per Ordinary Share. On March 31, 2025, the closing price of the Ordinary Shares of the Issuer on the New York Stock Exchange was approximately $0.1667 per Ordinary Share. | ||||