---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-008916"
form_type: "8-K"
ticker: "LVLU"
cik: "0001780201"
company_name: "Lulu's Fashion Lounge Holdings, Inc."
filed_at: "2025-06-26T23:59:59+00:00"
generated_at: "2026-05-18T18:05:25.459364+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Lulus in default; enters forbearance and 1-for-15 reverse stock split to avoid delisting

## Summary
- Reverse stock split 1-for-15 approved, effective July 3, 2025, to regain Nasdaq compliance; shares reduce from 41.5M to 2.8M.
- Entered forbearance agreement with Bank of America for credit agreement defaults; forbearance ends Aug 15, 2025.
- Minimum liquidity reduced to $1M; company provided two term sheets for refinancing before maturity date.
- Forbearance fee of $100,000 payable if not fully repaid by maturity.

## SEC filing metadata
- accession: 0001558370-25-008916
- form_type: 8-K
- ticker: LVLU
- cik: 0001780201
- company_name: Lulu's Fashion Lounge Holdings, Inc.
- filed_at: 2025-06-26T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.03, 3.03, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1780201/000155837025008916/0001558370-25-008916-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1780201/000155837025008916/tmb-20250623x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-008916
- JSON: https://secwatch.observer/filing/0001558370-25-008916.json
- Plain text: https://secwatch.observer/filing/0001558370-25-008916.txt

## Key facts
- Governance Changes
  Lulu's Fashion Lounge Holdings, Inc.: Filed Certificate of Amendment to effect a 1-for-15 reverse stock split of common stock (effective 2025-07-03).
  - Change: charter amendment
  - Effective: 2025-07-03
  source text: On June 26, 2025, Lulu’s Fashion Lounge Holdings, Inc. (the “Company”) filed a Certificate of Amendment (the “Certificate of Amendment”) to the Company’s Fourth Amended and Restated Certificate of Incorporation (the "Certificate of Incorporation") with the Secretary of State of the State of Delaware to effect a 1-for-15 reverse stock split
  evidence_url: https://www.sec.gov/Archives/edgar/data/1780201/000155837025008916/0001558370-25-008916-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.