Lulu's Fashion Lounge Holdings, Inc. (LVLU): Nasdaq/NYSE listing notice — Lulus transfers to Nasdaq Capital Market after stockholder equity shortfall; reverse stock split approved

February 27, 2025, the Company received a letter from Nasdaq indicating that the Company was not in compliance with the minimum close bid price of $1.00 per share required for continued listing. The Company has 180 calendar days, or until August 26, 2025, to regain compliance with the minimum bid price rule. As part of the Approval, the Company will be afforded the remainder of this compliance period to comply with the minimum bid price requirement. As discussed below, at the Company’s Annual Meeting of Stockholders held on June 10, 2025 (the “Annual Meeting”), the Company’s stockholders appro

quirements. ​ As previously disclosed, on May 21, 2025, the Company received a letter from Nasdaq indicating that the Company was not in compliance with the minimum of $10 million of stockholders’ equity required for continued listing on the Nasdaq Global Market, as set forth in Nasdaq Listing Rule 5450(b)(1)(A), because the Company’s stockholders’ equity as reported in the Company’s Quarterly Report on Form 10-Q for the period ended March 30, 2025 was approximately $6.6 million. In response, the Company filed an application to transfer the listing of its Common Stock from the Nasdaq Global Ma