LightInTheBox raises $5.49 million in private placement of 21,397,409 shares at $0.26 each

• LightInTheBox completed a private placement on Aug. 10, raising USD 5.49 million in gross proceeds.
• Issued 21,397,409 ordinary shares at USD 0.26 each, equivalent to USD 3.08 per ADS.
• Chairman and CEO Jian He invested about USD 1.09 million via Conner Growth Holding Limited.
• He’s beneficial ownership rose to about 24.1% of outstanding ordinary shares following the transaction.
• Proceeds to support financial flexibility, accelerate AI-driven strategy across commerce operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LightInTheBox Holding Co. Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608130800PR_NEWS_USPR_____CN25769) on August 13, 2026, and is solely responsible for the information contained therein.