Lulus Regains Compliance with Nasdaq Capital Market Listing Requirements
Rhea-AI Summary
Lulus (Nasdaq: LVLU) has successfully regained compliance with Nasdaq's minimum bid price requirement for continued listing on The Nasdaq Capital Market. The company's shares maintained a closing bid price of $1.00 or higher for at least 10 consecutive business days, meeting the requirement as of July 18, 2025.
Positive
- Company regained Nasdaq listing compliance, avoiding potential delisting
- Stock price maintained above $1.00 for required period
Negative
- Previous trading below $1.00 indicates recent stock price weakness
News Market Reaction
On the day this news was published, LVLU gained 1.83%, reflecting a mild positive market reaction. Argus tracked a peak move of +69.1% during that session. Our momentum scanner triggered 23 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $246K to the company's valuation, bringing the market cap to $14M at that time. Trading volume was exceptionally heavy at 11.2x the daily average, suggesting very strong buying interest.
Data tracked by StockTitan Argus on the day of publication.
CHICO, Calif., July 22, 2025 (GLOBE NEWSWIRE) -- Lulu’s Fashion Lounge Holdings, Inc. (“Lulus” or the “Company”) (Nasdaq: LVLU), announced today that it received notice from The Nasdaq Stock Market LLC (“Nasdaq”) that the Company has regained compliance with the minimum bid price requirement in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”) for continued listing on The Nasdaq Capital Market.
To regain compliance with the Minimum Bid Price Requirement, the Company’s common shares were required to maintain a minimum closing bid price of
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.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding the ability of the Company to comply with the continued listing requirements of The Nasdaq Capital Market. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause Lulus’ actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, the risk factors discussed in Part I, Item 1A, “Risk Factors” in Lulus’ Annual Report on Form 10-K for the fiscal year ended December 29, 2024, Part II, Item IA, “Risk Factors” in Lulus’ Quarterly Report on Form 10-Q for the fiscal quarter ended March 30, 2025, and our other filings with the Securities and Exchange Commission which could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. While Lulus may elect to update such forward-looking statements at some point in the future, it disclaims any obligation to do so, except as required by law, even if subsequent events cause its views to change.
Contact
investors@lulus.com