[144] Newegg Commerce, Inc. SEC Filing

Rhea-AI Filing Summary

Newegg Commerce, Inc. (NEGG) Form 144 discloses a proposed sale of 250,000 shares of common stock through UBS Financial Services with an approximate aggregate market value of $10,000,000. The sale is slated for 09/16/2025 on NASDAQ. The filer reports the shares were acquired on 05/19/2021 by merger from the issuer, with payment in cash. The filing lists 19,478,394 shares outstanding, and reports no securities sold in the past three months. The notice includes the standard representation that the person signing does not possess undisclosed material adverse information about the issuer.

Positive

• Full transaction details disclosed: class, broker, quantity, aggregate value, sale date, and exchange are provided
• Acquisition history provided: acquisition date (05/19/2021), method (merger), and payment method (cash) are stated
• No sales in prior three months: the filing reports "Nothing to Report" for securities sold during the past 3 months

Negative

• Large single proposed sale relative to outstanding shares: 250,000 shares represent approximately 1.28% of 19,478,394 shares outstanding
• Filer contact/CIK not provided in the supplied text, limiting ability to identify the specific seller from this content alone

Insights

Securities Analyst

TL;DR: Insider plans to sell 250,000 NEGG shares (~1.28% of outstanding) via UBS, disclosed in a Form 144.

The filing transparently reports a planned sale of 250,000 common shares with an aggregate market value of $10,000,000, to be executed on 09/16/2025 on NASDAQ through UBS Financial Services. The shares were acquired on 05/19/2021 via merger and were paid in cash. The filing states no sales in the prior three months, which clarifies recent trading activity. For investors, the data is factual and specific but does not by itself reveal motivations or broader financial impact.

Corporate Governance Expert

TL;DR: The Form 144 fulfills disclosure obligations and contains the required signer representation about undisclosed material information.

The document meets Rule 144 notice requirements by naming the broker, sale date, class, quantity, and acquisition details. It includes the signer’s attestation that no undisclosed material adverse information exists. The filing does not include contact/CIK details in the provided text, and it reports no sales in the past three months, which helps assess recent insider activity. The form is procedural and compliant as presented.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	UBS Financial Services Inc 1000 Harbor Blvd 3rd Floor Weehawken NJ 07086	250000	10000000	19478394	09/16/2025	NASDAQ

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: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	05/19/2021	Merger	Issuer			250000	05/19/2021	Cash

* 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: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Newegg's (NEGG) Form 144 report?

The Form 144 reports a proposed sale of 250,000 shares of common stock via UBS with an aggregate market value of $10,000,000, to be sold on 09/16/2025 on NASDAQ.

When and how were the 250,000 NEGG shares acquired?

The filing states the shares were acquired on 05/19/2021 by merger from the issuer, and the payment was made in cash on that date.

Has the person sold NEGG securities in the past three months?

The filing indicates Nothing to Report for securities sold during the past three months.

What proportion of NEGG shares outstanding does the proposed sale represent?

The proposed sale of 250,000 shares represents about 1.28% of the 19,478,394 shares outstanding reported in the filing.

Which broker will handle the NEGG sale?

The broker listed is UBS Financial Services Inc, at the address provided in the filing.