Lulus Announces Approval of Equity Listing Transfer to Nasdaq Capital Market

Rhea-AI Summary

Lulus (NASDAQ: LVLU) announced the transfer of its common stock listing from the Nasdaq Global Market to the Nasdaq Capital Market, effective June 10, 2025. The company will continue trading under the symbol 'LVLU'. The Nasdaq Capital Market operates similarly to the Nasdaq Global Market, requiring companies to meet specific financial requirements and comply with Nasdaq's corporate governance standards. This transfer comes as Lulus, known as an attainable luxury brand for women, maintains its presence on the Nasdaq exchange while moving to a market tier that typically has less stringent listing requirements.

Positive

• None.

Negative

• Transfer to Nasdaq Capital Market typically indicates inability to meet more stringent Nasdaq Global Market requirements
• Move to a lower-tier market could signal financial or operational challenges

CHICO, Calif., June 09, 2025 (GLOBE NEWSWIRE) -- Lulu’s Fashion Lounge Holdings, Inc. (“Lulus” or the “Company”) (Nasdaq: LVLU), the attainable luxury brand for women, today announced that the Company has received approval from the Nasdaq Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) to transfer the listing of the Company’s common stock from the Nasdaq Global Market to the Nasdaq Capital Market.

The Company’s common stock will be transferred to the Nasdaq Capital Market effective as of the open of business on June 10, 2025, and will continue to trade under the symbol “LVLU.” The Nasdaq Capital Market operates in substantially the same manner as the Nasdaq Global Market, and listed companies must meet certain financial requirements and comply with Nasdaq’s corporate governance requirements.

About Lulus
Headquartered in California and serving millions of customers worldwide, Lulus is an attainable luxury fashion brand for women, offering modern, unapologetically feminine designs at accessible prices for every occasion. Our aim is to make every woman feel confident and celebrated, supporting her for all of life’s occasions, big or small – from work desk to dream date, cozying up on the couch to the spotlight of her wedding day. Founded in 1996, Lulus delivers fresh styles to consumers daily, using direct consumer feedback and insights to refine product offerings and elevate the customer experience. Lulus’ world class personal stylists, bridal concierge, and customer care team share an unwavering commitment to elevating style and quality and bring exceptional customer service and personalized shopping to customers around the world. Follow @lulus on Instagram and @lulus on TikTok. Lulus is a registered trademark of Lulu’s Fashion Lounge, LLC. All rights reserved.

Contact
investors@lulus.com 

FAQ

Why is LVLU stock moving from Nasdaq Global Market to Nasdaq Capital Market?

Lulus is transferring its listing to the Nasdaq Capital Market, which typically has less stringent requirements than the Global Market, suggesting the company may not meet the higher tier's listing standards.

When will Lulus (LVLU) start trading on Nasdaq Capital Market?

Lulus will begin trading on the Nasdaq Capital Market effective as of the open of business on June 10, 2025.

Will Lulus stock symbol change after moving to Nasdaq Capital Market?

No, Lulus will continue trading under the symbol 'LVLU' after transferring to the Nasdaq Capital Market.

What is the difference between Nasdaq Global Market and Capital Market?

Both markets operate similarly, but the Nasdaq Capital Market has less stringent financial and listing requirements compared to the Nasdaq Global Market while maintaining the same corporate governance standards.

Does the Nasdaq Capital Market transfer affect LVLU shareholders?

While the stock continues trading normally, the transfer could indicate underlying financial challenges, which shareholders should monitor.