STOCK TITAN

Newegg affiliate files to resell 1.06M shares

A Form 144 amendment corrects the broker’s name and address for a proposed resale of up to 1,064,000 Newegg shares, with no other details changed.

(Neutral)
(Neutral)
Form Type
144/A

Rhea-AI Filing Summary

Newegg Commerce, Inc. (NEGG) is the issuer for a proposed resale of common shares reported on a Form 144 amendment. Digital Grid (Hong Kong) Technology Co., Limited, identified as a Director/10% Owner, has filed notice relating to up to 1,064,000 common shares of Newegg. These shares were purchased from Newegg on August 18, 2016 under a Share Purchase Agreement dated April 28, 2016 at $14.40 per share. The amendment states it is filed solely to correct the name and address of the broker, now listed as Tiger Brokers (NZ) Limited, and that no other information from the original notice dated August 31, 2026 is being changed.

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Common shares subject to Form 144 notice 1,064,000 shares Shares of Newegg Commerce, Inc. held by Digital Grid (Hong Kong) Technology Co., Limited
Original purchase price per share $14.40 per share Price paid for Newegg common shares purchased on August 18, 2016 from the issuer
Share purchase date August 18, 2016 Date the 1,064,000 Newegg common shares were purchased from the issuer
Date of amended Form 144 notice September 2, 2026 Date shown as Date of Notice on the Form 144/A amendment
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Share Purchase Agreement financial
"Shares were purchased from the Issuer pursuant to a Share Purchase Agreement"
A share purchase agreement is a written contract that outlines the terms and conditions for buying and selling shares of a company. It specifies details like the price, number of shares, and any special conditions, ensuring both buyer and seller agree on the transaction. For investors, it provides clarity and legal protection, making sure the purchase is clear and enforceable.
Director/10% Owner regulatory
"Name of Person for Whose Account the Securities are To Be Sold ... Director/10% Owner"
NASDAQ market
"Common Shares | ... | 08/31/2026 | NASDAQ"
The Nasdaq is a stock exchange where many companies' shares are bought and sold, functioning much like a marketplace for investments. It matters to investors because it provides a platform to buy and sell ownership stakes in companies, helping them track the value of those companies and make informed decisions. As one of the largest and most technology-focused markets, it also reflects trends and developments in the business world.
Form 144 regulatory
"144/A: Filer Information ... notice required by paragraph (e) of Rule 144"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

FAQ

What sale is being reported for Newegg Commerce, Inc. (NEGG) in this Form 144/A?

The notice covers a proposed resale under Rule 144 by Digital Grid (Hong Kong) Technology Co., Limited of up to 1,064,000 common shares of Newegg Commerce, Inc. that it previously acquired from the issuer.

Who is the selling security holder in this Newegg (NEGG) Form 144/A?

The selling security holder is Digital Grid (Hong Kong) Technology Co., Limited, which is described as a Director/10% Owner with respect to Newegg Commerce, Inc.

At what price were the Newegg (NEGG) shares originally acquired by the seller?

The filing states the 1,064,000 common shares were purchased from Newegg Commerce, Inc. on August 18, 2016, at a price of $14.40 per share, pursuant to a Share Purchase Agreement dated April 28, 2016.

What change does this amended Form 144/A make for Newegg (NEGG)?

The amendment states it is filed solely to correct the name and address of the broker involved, now identified as Tiger Brokers (NZ) Limited. It specifies that no other information from the original notice filed on August 31, 2026 is being amended.

When was the amended Form 144/A notice for Newegg (NEGG) signed?

The Date of Notice is given as September 2, 2026, and the document is signed by /s/ Zhitao He, in connection with the amended Form 144/A filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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144/A: Filer Information

144/A: Issuer Information

144/A: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144/A: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144/A: Securities Sold During The Past 3 Months

144/A: Remarks and Signature