Lulu's Fashion Lounge Holdings Inc. has announced a 1-for-15 reverse stock split of its common stock, effective July 3, 2025. This move aims to meet the minimum bid price requirement for continued listing on the Nasdaq Capital Market. The reverse split will reduce the number of outstanding shares from approximately 41.5 million to 2.8 million while maintaining the authorized share count. Trading under the adjusted share structure will commence on July 7, 2025, under the symbol "LVLU."
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. Lulu's Fashion Lounge Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001558370-25-008916), on June 26, 2025, and is solely responsible for the information contained therein.