STOCK TITAN

Newegg affiliate plans $3.7M stock sale via UBS

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Newegg Commerce, Inc. (NEGG) is the issuer of common stock that Tekhill USA LLC, identified as an affiliate, intends to sell under Rule 144. The notice covers up to 229,248 common shares of Newegg to be sold through UBS Financial Services Inc., with an aggregate market value of $3,732,157.44. Newegg had 20,974,000 common shares outstanding as of the filing reference, and the shares to be sold were acquired from the issuer in a merger on May 19, 2021. Tekhill USA LLC has already sold smaller blocks of Newegg shares in the prior three months.

Positive

  • None.

Negative

  • None.
Shares to be sold under Rule 144 229,248 shares of common stock Planned sale by Tekhill USA LLC through UBS Financial Services Inc.
Aggregate market value of shares to be sold $3,732,157.44 Value associated with the 229,248 NEGG shares in the Rule 144 notice
Shares outstanding 20,974,000 shares of common stock Newegg Commerce, Inc. common shares outstanding used in the notice
Prior sale on June 1, 2026 2,583 shares for $45,018.72 Newegg common shares sold by Tekhill USA LLC in past three months
Prior sale on June 2, 2026 11,091 shares for $222,716.79 Newegg common shares sold by Tekhill USA LLC in past three months
Prior sale on June 3, 2026 18,539 shares for $369,006.88 Newegg common shares sold by Tekhill USA LLC in past three months
Acquisition date of securities May 19, 2021 Date Tekhill USA LLC acquired NEGG shares via merger from issuer
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.
affiliate regulatory
"Affiliate 144: Securities Information"
aggregate market value financial
"Common | UBS Financial Services Inc ... | 229248 | 3732157.44 | 20974000"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
attorney-in-fact regulatory
"Signature | /s/ UBS Financial Services Inc, as attorney-in-fact for TEKHILL USA LLC"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

What does Form 144 filed for NEGG by Tekhill USA LLC disclose?

It discloses Tekhill USA LLC’s intent to sell up to 229,248 shares of Newegg Commerce, Inc. common stock under Rule 144 through UBS Financial Services Inc., with an aggregate market value of $3,732,157.44 based on the prices used in the notice.

How many Newegg (NEGG) shares are outstanding according to this Form 144?

The notice states that Newegg Commerce, Inc. has 20,974,000 common shares outstanding. This figure is used in connection with the Rule 144 calculations and provides context for the size of the planned resale by Tekhill USA LLC.

When and how did Tekhill USA LLC acquire the NEGG shares covered by this Form 144?

Tekhill USA LLC’s Newegg common shares covered by the notice were acquired on May 19, 2021 in a merger transaction from the issuer, Newegg Commerce, Inc., as specified in the acquisition information section.

Which broker is handling the planned NEGG share sales under this Form 144?

The planned sales of Newegg Commerce, Inc. common stock by Tekhill USA LLC are to be handled by UBS Financial Services Inc., located at 11 Madison Avenue, New York, as the broker listed for the Rule 144 transaction.

What NEGG shares has Tekhill USA LLC sold in the past three months?

The filing lists three prior sales of Newegg common stock by Tekhill USA LLC: 2,583 shares for $45,018.72 on June 1, 2026; 11,091 shares for $222,716.79 on June 2, 2026; and 18,539 shares for $369,006.88 on June 3, 2026.

Who signed the NEGG Form 144 for Tekhill USA LLC?

The notice is signed “/s/ UBS Financial Services Inc, as attorney-in-fact for TEKHILL USA LLC”, indicating that UBS Financial Services Inc. signed on behalf of Tekhill USA LLC under a power of attorney.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: 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: 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: Securities Sold During The Past 3 Months

144: Remarks and Signature