Filing Details

Accession Number:
0001144204-19-007021
Form Type:
13G Filing
Publication Date:
2019-02-13 13:00:22
Filed By:
Gsr Ventures Iii Lp
Company:
Lightinthebox Holding Co. Ltd. (NYSE:LITB)
Filing Date:
2019-02-13
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
GSR Ventures III . 6,445,583 6,445,583 . 6,445,583 4.8%
GSR Partners III , 6,445,583 , . 6,445,583 4.8%
GSR Partners III, Ltd. ( GSR III Ltd ) . 6,445,583 . . 6,445,583 4.8%
Richard Lim , 6,445,583 , . 6,445,583 4.8%
James Ding . 6,445,583 6,445,583 4.8%
Alexander Pan , , 6,445,583 4.8%
Ryann Yap . . 6,445,583 4.8%
Filing

 

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Schedule 13G
(Rule 13d-102)

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b)

(Amendment No. 4)*

 

LightInTheBox Holding Co., Ltd.

(Name of Issuer)

 

Ordinary Shares, par value US$0.000067 per share

(Title of Class of Securities)

 

53225G102

(CUSIP Number)

 

December 31, 2018

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

¨       Rule 13d-1(b)

 

¨       Rule 13d-1(c)

 

x       Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

(Continued on following pages)

 

Page 1 of 14 Pages

Exhibit Index Contained on Page 13

 

 

 

 

 

CUSIP NO.  53225G102 13 G Page 2 of 14

 

1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entities Only).

GSR Ventures III, L.P. (“GSR III”)
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a)    ¨
(b)    x
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING

PERSON
WITH
5

SOLE VOTING POWER.

6,445,5831 shares, all of which are directly owned by GSR III, except that GSR Partners III, L.P. (“Partners III”), the general partner of GSR III, and GSR Partners III, Ltd (GSR III Ltd”), the general partner of Partners III, may be deemed to have sole voting power, and Richard Lim, James Ding, Alexander Pan and Ryann Yap, the members of GSR III Ltd (the “Members”), may be deemed to have shared voting power with respect to such shares.

6

SHARED VOTING POWER

See response to row 5.

7

SOLE DISPOSITIVE POWER

6,445,5831 shares, all of which are directly owned by GSR III, except that Partners III and GSR III Ltd may be deemed to have sole dispositive power, and the Members may be deemed to have shared dispositive power with respect to such shares.

8

SHARED DISPOSITIVE POWER

See response to row 7.

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
6,445,583
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES (See Instructions)
¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.8%2
12 TYPE OF REPORTING PERSON (See Instructions) PN

 

 

1 Consists of (i) 1 ordinary share and (ii) 6,445,582 ordinary shares, represented by 3,222,791 American Depositary Shares.

2 As reported by the Issuer in its Annual Report on Form 20-F filed with the Securities and Exchange Commission on March 28, 2018, the total number of ordinary shares outstanding was 135,664,877 as of December 31, 2017.

 

 

 

CUSIP NO.  53225G102 13 G Page 3 of 14

 

1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entities Only).


GSR Partners III, L.P. (“Partners III”)

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a)    ¨
(b)    x
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING

PERSON
WITH
5

SOLE VOTING POWER.

6,445,5833 shares, all of which are directly owned by GSR III, except that Partners III may be deemed to have sole voting power, and the Members may be deemed to have shared voting power with respect to such shares.

6

SHARED VOTING POWER

See response to row 5.

7

SOLE DISPOSITIVE POWER.

6,445,5833 shares, all of which are directly owned by GSR III, except that Partners III may be deemed to have sole dispositive power, and the Members may be deemed to have shared dispositive power with respect to such shares.

8

SHARED DISPOSITIVE POWER

See response to row 7.

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
6,445,583
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES (See Instructions)
¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.8%4
12 TYPE OF REPORTING PERSON (See Instructions) PN

 

 

3 Consists of (i) 1 ordinary share and (ii) 6,445,582 ordinary shares, represented by 3,222,791 American Depositary Shares.

4 As reported by the Issuer in its Annual Report on Form 20-F filed with the Securities and Exchange Commission on March 28, 2018, the total number of ordinary shares outstanding was 135,664,877 as of December 31, 2017.

 

 

 

CUSIP NO.  53225G102 13 G Page 4 of 14

 

1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entities Only).

GSR Partners III, Ltd. (“GSR III Ltd”)
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

 

(a)    ¨

(b)    x

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING

PERSON
WITH
5

SOLE VOTING POWER.

6,445,5835 shares, all of which are directly owned by GSR III, except that GSR III Ltd may be deemed to have sole voting power, and the Members may be deemed to have shared voting power with respect to such shares.

6

SHARED VOTING POWER

See response to row 5.

7

SOLE DISPOSITIVE POWER

6,445,5835 shares, all of which are directly owned by GSR III, except that GSR III Ltd may be deemed to have sole dispositive power, and the Members may be deemed to have shared dispositive power with respect to such shares.

8

SHARED DISPOSITIVE POWER

See response to row 7.

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH

REPORTING PERSON

6,445,583
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES (See Instructions)
¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.8% 6
12 TYPE OF REPORTING PERSON (See Instructions) OO

 

 

5 Consists of (i) 1 ordinary share and (ii) 6,445,582 ordinary shares, represented by 3,222,791 American Depositary Shares.

6 As reported by the Issuer in its Annual Report on Form 20-F filed with the Securities and Exchange Commission on March 28, 2018, the total number of ordinary shares outstanding was 135,664,877 as of December 31, 2017.

 

 

 

CUSIP NO.  53225G102 13 G Page 5 of 14

  

1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entities Only).

Richard Lim
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a)    ¨
(b)    x
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
US
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH REPORTING
PERSON
WITH
5

SOLE VOTING POWER.

0 shares.

6

SHARED VOTING POWER

6,445,5837 shares, which are directly owned by GSR III, except that Partners III and GSR III Ltd may be deemed to have sole voting power, and the Members may be deemed to have shared voting power with respect to such shares.

7

SOLE DISPOSITIVE POWER.

0 shares.

8

SHARED DISPOSITIVE POWER.

6,445,5837 shares, which are directly owned by GSR III, except that Partners III and GSR III Ltd may be deemed to have sole dispositive power, and the Members may be deemed to have shared voting power with respect to such shares.

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
6,445,583
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES (See Instructions)
¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.8% 8
12 TYPE OF REPORTING PERSON (See Instructions) IN

 

 

7 Consists of (i) 1 ordinary share and (ii) 6,445,582 ordinary shares, represented by 3,222,791 American Depositary Shares.

8 As reported by the Issuer in its Annual Report on Form 20-F filed with the Securities and Exchange Commission on March 28, 2018, the total number of ordinary shares outstanding was 135,664,877 as of December 31, 2017.

 

 

 

CUSIP NO.  53225G102 13 G Page 6 of 14

 

1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entities Only).

James Ding
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a)    ¨
(b)    x
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Hong Kong
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH REPORTING
PERSON
WITH
5

SOLE VOTING POWER.

0 shares.

6

SHARED VOTING POWER

6,445,5839 shares, which are directly owned by GSR III, except that Partners III and GSR III Ltd may be deemed to have sole voting power, and the Members may be deemed to have shared voting power with respect to such shares.

7

SOLE DISPOSITIVE POWER.

0 shares.

8

SHARED DISPOSITIVE POWER.

6,445,5839 shares, which are directly owned by GSR III, except that Partners III and GSR III Ltd may be deemed to have sole dispositive power, and the Members may be deemed to have shared voting power with respect to such shares.

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
6,445,583
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES (See Instructions)
¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.8% 10
12 TYPE OF REPORTING PERSON (See Instructions) IN

 

 

9 Consists of (i) 1 ordinary share and (ii) 6,445,582 ordinary shares, represented by 3,222,791 American Depositary Shares.

10 As reported by the Issuer in its Annual Report on Form 20-F filed with the Securities and Exchange Commission on March 28, 2018, the total number of ordinary shares outstanding was 135,664,877 as of December 31, 2017.

 

 

 

CUSIP NO.  53225G102 13 G Page 7 of 14

 

1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entities Only).

Alexander Pan
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a)    ¨
(b)    x
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Hong Kong
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH REPORTING
PERSON
WITH
5

SOLE VOTING POWER.

0 shares.

6

SHARED VOTING POWER

6,445,58311 shares, which are directly owned by GSR III, except that Partners III and GSR III Ltd may be deemed to have sole voting power, and the Members may be deemed to have shared voting power with respect to such shares.

7

SOLE DISPOSITIVE POWER.

0 shares.

8

SHARED DISPOSITIVE POWER.

6,445,58311 shares, which are directly owned by GSR III, except that Partners III and GSR III Ltd may be deemed to have sole dispositive power, and the Members may be deemed to have shared voting power with respect to such shares.

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
6,445,583
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES (See Instructions)
¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.8% 12
12 TYPE OF REPORTING PERSON (See Instructions) IN

 

 

11 Consists of (i) 1 ordinary share and (ii) 6,445,582 ordinary shares, represented by 3,222,791 American Depositary Shares.

12 As reported by the Issuer in its Annual Report on Form 20-F filed with the Securities and Exchange Commission on March 28, 2018, the total number of ordinary shares outstanding was 135,664,877 as of December 31, 2017.

 

 

 

CUSIP NO.  53225G102 13 G Page 8 of 14

 

1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entities Only).

Ryann Yap
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a)    ¨
(b)    x
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Singapore
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH REPORTING
PERSON
WITH
5

SOLE VOTING POWER.

0 shares.

6

SHARED VOTING POWER

6,445,58313 shares, which are directly owned by GSR III, except that Partners III and GSR III Ltd may be deemed to have sole voting power, and the Members may be deemed to have shared voting power with respect to such shares.

7

SOLE DISPOSITIVE POWER.

0 shares.

8

SHARED DISPOSITIVE POWER.

6,445,58313 shares, which are directly owned by GSR III, except that Partners III and GSR III Ltd may be deemed to have sole dispositive power, and the Members may be deemed to have shared voting power with respect to such shares.

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
6,445,583
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES (See Instructions)
¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.8%14
12 TYPE OF REPORTING PERSON (See Instructions) IN

 

 

13 Consists of (i) 1 ordinary share and (ii) 6,445,582 ordinary shares, represented by 3,222,791 American Depositary Shares.

14 As reported by the Issuer in its Annual Report on Form 20-F filed with the Securities and Exchange Commission on March 28, 2018, the total number of ordinary shares outstanding was 135,664,877 as of December 31, 2017.

 

 

 

CUSIP NO.  53225G102 13 G Page 9 of 14

 

This Amendment No. 4 amends and restates in its entirety the Schedule 13G previously filed by (i) GSR Ventures III, L.P., a Cayman Islands limited partnership (“GSR III”); (ii) GSR Partners III, L.P., a Cayman Islands limited partnership (“Partners III”); (iii) GSR Partners III, Ltd, a Cayman Islands exempted company (“GSR III Ltd”); (iv) Richard Lim (“Lim”), a citizen of the United States; (v) James Ding (“Ding”), a citizen of Hong Kong; (vi) Alexander Pan (“Pan”), a citizen of Hong Kong; and (vii) Ryann Yap (“Yap”), a citizen of Singapore (together with all prior and current amendments thereto, this “Schedule 13G”).

 

ITEM 1(A).NAME OF ISSUER

LightInTheBox Holding Co., Ltd.

 

ITEM 1(B).ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES

Tower 2, Area D, Diantong Square

No .7 Jiuxianqiao North Road

Chaoyang District, Beijing 100015

People's Republic of China

 

ITEM 2(A).NAME OF PERSONS FILING

 

This Schedule 13G is being filed by GSR III, Partners III, GSR III Ltd, Lim, Ding, Pan and Yap. The foregoing entities and individuals are collectively referred to as the “Reporting Persons.”

 

Partners III is the general partner of GSR III and may be deemed to have sole power to vote and sole power to dispose of shares of the issuer directly owned by Partners III. GSR III Ltd is the general partner of Partners III and may be deemed to have sole power to vote and sole power to dispose of shares of the issuer directly owned by Partners III. Lim, Ding, Pan and Yap are the members of GSR III Ltd (the “Members”), and may be deemed to have shared power to vote and shared power to dispose of shares of the issuer directly owned by Partners III.

 

ITEM 2(B).ADDRESS OF PRINCIPAL OFFICE

 

The principal business office of the Reporting Persons is:

 

c/o Golden Sand River, Ltd.

Floor 4 Willow House, Cricket Square

KY1-9010, Grand Cayman, Cayman Islands

 

ITEM 2(C)CITIZENSHIP

GSR III and Partners III are Cayman Islands exempted limited partnerships. GSR III Ltd is a Cayman Islands exempted company. Lim is a citizen of the United States. Ding and Pan are citizens of Hong Kong. Yap is a citizen of Singapore.

 

ITEM 2(D)TITLE OF CLASS OF SECURITIES

Ordinary Shares, par value US$0.000067 per share

 

ITEM 2(E)CUSIP NUMBER

 

53225G102

 

ITEM 3.Not Applicable

 

 

 

CUSIP NO.  53225G102 13 G Page 10 of 14

 

ITEM 4.OWNERSHIP

The following information with respect to the ownership of the Ordinary Shares of the issuer by the persons filing this Statement is provided as of December 31, 2018.

 

(a)Amount beneficially owned:

See Row 9 of cover page for each Reporting Person.

 

(b)Percent of Class:

See Row 11 of cover page for each Reporting Person.

 

(c)Number of shares as to which such person has:

 

(i)Sole power to vote or to direct the vote:

See Row 5 of cover page for each Reporting Person.

 

(ii)Shared power to vote or to direct the vote:

 

See Row 6 of cover page for each Reporting Person.

 

(iii)Sole power to dispose or to direct the disposition of:

 

See Row 7 of cover page for each Reporting Person.

 

(iv)Shared power to dispose or to direct the disposition of:

See Row 8 of cover page for each Reporting Person.

 

ITEM 5.OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following:          x

 

ITEM 6.OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.

 

Under certain circumstances set forth in the limited partnership agreements of GSR III and Partners III, and the memorandum and articles of association of GSR III Ltd, the general partner and limited partners or directors, as the case may be, of each of such entities may be deemed to have the right to receive dividends from, or the proceeds from, the sale of shares of the issuer owned by each such entity of which they are a partner.

 

ITEM 7.IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY

Not applicable.

 

 

 

CUSIP NO.  53225G102 13 G Page 11 of 14

 

ITEM 8.IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

Not applicable.

 

ITEM 9.NOTICE OF DISSOLUTION OF GROUP.

Not applicable.

 

ITEM 10.CERTIFICATION.

Not applicable.
 

 

CUSIP NO.  53225G102 13 G Page 12 of 14

 

 

SIGNATURES

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Date: February 13, 2019

 

 

Entities: GSR Ventures III, L.P.  
  GSR Partners III, L.P.  
  GSR Partners III, Ltd.  
     
    By: /s/ Ryann Yap
      Ryann Yap, Attorney-in-fact for
the above-listed entities*

 

Individuals: Richard Lim  
  James Ding  
  Alexander Pan  
  Ryann Yap  
     
    By: /s/ Ryann Yap
     

Ryann Yap, Attorney-in-fact for

the above-listed individuals*

 

*Signed pursuant to a Power of Attorney already on file with the appropriate agencies.

 

 

 

CUSIP NO.  53225G102 13 G Page 13 of 14

  

EXHIBIT INDEX

 

    Found on
Sequentially
Exhibit   Numbered Page
Exhibit A:  Agreement of Joint Filing   14

 

 

 

CUSIP NO.  53225G102 13 G Page 14 of 14

 

exhibit A

 

Agreement of Joint Filing

 

The Reporting Persons hereby agree that a single Schedule 13G (or any amendment thereto) relating to the ordinary shares of LightInTheBox Holding Co., Ltd. shall be filed on behalf of each of the Reporting Persons. Note that copies of the applicable Agreement of Joint Filing are already on file with the appropriate agencies.