Zhu Guohui Amends LightInTheBox Stake

TL;DR

Zhu Guohui just updated his LightInTheBox stake filing. Big moves ahead?

AI Summary

On September 5, 2024, Mr. Zhu Guohui filed an amendment (Amendment No. 11) to Schedule 13D for LightInTheBox Holding Co., Ltd. The filing indicates a change in beneficial ownership of the company's ordinary shares and American Depositary Shares. The specific details of the change in ownership and the total number of shares held are not explicitly stated in this excerpt.

Why It Matters

Changes in beneficial ownership filings like this can signal shifts in control or significant investor sentiment towards a company, potentially impacting its stock price.

Risk Assessment

Risk Level: medium — Schedule 13D filings often precede significant corporate actions or shifts in investor influence, which can introduce volatility.

Key Players & Entities

• Zhu Guohui (person) — Filing party and person authorized to receive notices
• LightInTheBox Holding Co., Ltd. (company) — Subject company
• Zall Development Investment Co Ltd (company) — Filing entity
• September 5, 2024 (date) — Date of event requiring filing

FAQ

Key Financial Figures

• $0.000067 — f Issuer) Ordinary shares, par value US$0.000067 per share** American Depositary Share
• $0.2874 — n market at a weighted average price of $0.2874 per Ordinary Share. On September 5, 202
• $0.2258 — York Stock Exchange was approximately US$0.2258 per Ordinary Share. Item 5. Interest i

Filing Documents

• tm2423518d1_sc13da.htm (SC 13D/A) — 43KB
• 0001104659-24-097562.txt ( ) — 44KB

Security and Issuer

Item 1. Security and Issuer. This Amendment No. 11 to the statement on Schedule 13D (this “ Amendment ”) relates to Ordinary Shares of LightInTheBox Holding Co., Ltd., a company incorporated in the Cayman Islands (the “ Issuer ”). Twelve Ordinary Shares of the Issuer are represented by one American depositary share (“ ADS ”), effective on September 5, 2024, following the ratio change of the Issuer from the previous ratio of one ADS representing two Ordinary Shares to the current ratio of one ADS representing twelve Ordinary Shares. The Issuer’s principal executive offices are located at 4 pandan crescent #03-03, Singapore (128475). This Amendment supplements and amends the statement on Schedule 13D filed on April 11, 2016, amendment No. 1 filed thereto on October 21, 2016, amendment No. 2 filed thereto on March 30, 2017, amendment No. 3 filed thereto on May 9, 2017, amendment No. 4 filed on July 3, 2018, amendment No. 5 filed on November 13, 2018, amendment No. 6 filed on December 21, 2018, amendment No. 7 filed on December 28, 2018 , amendment No. 8 filed on September 29, 2021, amendment No. 9 filed on January 7, 2022 and amendment No. 10 filed on August 28, 2022 (as amended, the “ Initial Statement ”). Capitalized terms used in this Amendment, but not otherwise defined, have the meanings given to them in the Initial Statement. Other than as amended by this Amendment, the disclosures in the Initial Statement are unchanged. Responses to each item of this Amendment are incorporated by reference into the response to each other item, as applicable.

Purpose of Transaction

Item 4. Purpose of Transaction.

of the Initial Statement is hereby amended and supplemented

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 August 27, 2024 to September 5, 2024, Mr. Yan Zhi has acquired 1,905,394 Ordinary Shares in the form of ADS, from the open market at a weighted average price of $0.2874 per Ordinary Share. On September 5, 2024, the closing price of the Ordinary Shares of the Issuer on the New York Stock Exchange was approximately US$0.2258 per Ordinary Share.

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer.

of the Initial Statement is hereby amended

Item 5 of the Initial Statement is hereby amended and restated with the following: Each of the Reporting Persons disclaims beneficial report shall not be construed as an admission that any such person or entity is the beneficial owner of any such securities for purposes of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, as amended, or for any other purpose. (a) See the information contained on the cover pages of this amended Statement on Schedule 13D, which is incorporated by reference. The percentage of Ordinary Shares reported as beneficially owned by each Reporting Person is based upon the 220,614,763 Ordinary Shares outstanding as of June 30, 2024 as informed by the Issuer. (b) See the information contained on the cover pages of this amended Statement on Schedule 13D, which is incorporated by reference.

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: September 6, 2024 Zall Development Investment Company Limited By: /s/ Yan Zhi Name: Yan Zhi Title: Director /s/ Yan Zhi Name: Yan Zhi

View Full Filing

View this SC 13D/A filing on SEC EDGAR