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0.062124248496994 0.062124248496994 0.00210420841683366 0.00210420841683366 0.00210420841683366 0.00200400801603207 -0.0780561122244489 -0.0681362725450901
Stock impact report

LightInTheBox Signs Definitive Agreement to Acquire Leading Southeast Asian Cross-Border E-commerce Platform Ezbuy

LightInTheBox Holding Co., Ltd. American Depositary Shares, each representing 2 ordinary shares (LITB) 
Last lightinthebox holding co., ltd. american depositary shares, each representing 2 ordinary shares earnings: 6/15 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.lightinthebox.com
Company Research Source: PR Newswire
BEIJING, Nov. 8, 2018 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a global online retail company that delivers products directly to consumers around the world, today announced the execution of a share purchase agreement for the strategic acquisition of a 100% equity stake in Ezbuy Holding Co., Ltd. ("Ezbuy"), a Singapore-based leading cross-border e-commerce platform.  Under the terms of the share purchase agreement and as part of an intended long-term, strategic transaction to create greater synergies with the Company's existing business, LightInTheBox has agreed to acquire a 100% equity stake in Ezbuy for US$85.55 million in the form of non-interest bearing one year convertible promissory notes that automatically convert into an aggregate of 22,220,779 American Depositary Shares (ADS) if the price of the Company's ADSs trade at a high of $3.85 for three consecutive trading days during the term of the note. The Company may be oblig Show less Read more
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