05:54 PM EST, 01/23/2025 (MT Newswires) -- LightInTheBox Holding ( LITB ) said late Thursday that the New York Stock Exchange notified the company that it is "below criteria" due to its average total market capitalization coming in at less than $50 million over a 30 trading-day period.
The company, which also said it was informed stockholders' equity fell short of the required $50 million, intends to remedy the deficiency in a "timely manner."
LightInTheBox ( LITB ) has 90 calendar days from the NYSE notice date to respond with a business plan that demonstrates compliance with the continued listing standard within 18 months of receipt of the notice, it said.
Shares of LightInTheBox ( LITB ) were down nearly 1% in after-hours trading.