Newegg affiliate plans $658K common share sale

Rhea-AI Filing Summary

Newegg Commerce, Inc. (NEGG) reports that affiliate Digital Grid (Hong Kong) Technology Co., Limited, identified as a Director/10% Owner, has filed a notice of proposed resale under Rule 144. The filing covers Newegg common shares to be sold through Tiger Brokers (Singapore) Pte. Ltd. on NASDAQ. The notice lists 39,414 common shares for potential sale, with an aggregate market value of $658,213.80, and notes that Newegg had 20,973,423 common shares outstanding. The seller originally purchased 1,064,000 shares from Newegg pursuant to a Share Purchase Agreement dated April 28, 2016 at $14.40 per share, with that purchase completed on August 18, 2016. The approximate date of the proposed Rule 144 sale is stated as August 31, 2026.

Key Figures

Common shares to be sold: 39,414 shares Aggregate market value: $658,213.80 Shares outstanding: 20,973,423 shares +3 more

6 metrics

Common shares to be sold 39,414 shares Number of Newegg common shares covered by the Rule 144 notice

Aggregate market value $658,213.80 Aggregate market value of the 39,414 Newegg common shares proposed to be sold

Shares outstanding 20,973,423 shares Newegg common shares outstanding, as reported in the notice

Shares originally purchased 1,064,000 shares Newegg common shares purchased from the issuer on August 18, 2016

Purchase price per share $14.40 per share Price paid for the 1,064,000 Newegg shares under the April 28, 2016 Share Purchase Agreement

Approximate sale date August 31, 2026 Approximate date for the proposed Rule 144 sale of Newegg shares

Key Terms

Rule 144, Director/10% Owner, Share Purchase Agreement, aggregate market value

4 terms

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.

Director/10% Owner regulatory

"In addition, information shall be given as to sales by all persons... Director/10% Owner"

Share Purchase Agreement financial

"Shares were purchased from the Issuer pursuant to a Share Purchase Agreement dated April 28, 2016"

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.

aggregate market value financial

"Common Shares | Tiger Brokers (Singapore)... | 39414 | 658213.80 | 20973423"

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.

FAQ

What does the Form 144 filing disclose for NEGG?

The filing discloses that Digital Grid (Hong Kong) Technology Co., Limited, a Director/10% Owner of Newegg Commerce, Inc. (NEGG), has filed a notice of proposed resale of Newegg common shares under Rule 144 through Tiger Brokers (Singapore) Pte. Ltd. on NASDAQ.

How many NEGG shares are proposed to be sold under this Form 144?

The notice states that 39,414 common shares of Newegg Commerce, Inc. (NEGG) are proposed to be sold, with an aggregate market value of $658,213.80, in a transaction to be executed through Tiger Brokers (Singapore) Pte. Ltd.

Who is selling the NEGG shares and in what capacity?

The proposed sale involves shares held for the account of Digital Grid (Hong Kong) Technology Co., Limited, which is identified in the filing as a Director/10% Owner of Newegg Commerce, Inc. (NEGG).

How many NEGG shares were originally acquired by the selling holder and at what price?

The filing states that 1,064,000 common shares were purchased from Newegg under a Share Purchase Agreement dated April 28, 2016, with the purchase completed on August 18, 2016 at a price of $14.40 per share.

What is the approximate date of the proposed NEGG share sale under Rule 144?

The notice lists an approximate sale date of August 31, 2026 for the proposed Rule 144 resale of Newegg Commerce, Inc. (NEGG) common shares.

How many NEGG shares are reported as outstanding in the Form 144?

The Form 144 reports that Newegg Commerce, Inc. (NEGG) has 20,973,423 common shares outstanding, providing context for the size of the proposed resale relative to the total share count.

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

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Available on EDGAR 08/31/2026 - 12:53 PM Accepted by SEC EDGAR 08/31/2026 - 12:52 PM Learn about SEC filing dates

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	0002114022
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Newegg Commerce, Inc.
SEC File Number	001-34661
Address of Issuer	21688 Gateway Center Drive Suite 300 Diamond Bar CALIFORNIA 91765
Phone	626-271-9700
Name of Person for Whose Account the Securities are To Be Sold	Digital Grid (Hong Kong) Technology Co., Limited
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	Director/10% Owner

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 Shares	Tiger Brokers (Singapore) Pte. Ltd. 1 Raffles Place, #35-61 One Raffles Place Tower 2 Singapore U0 048616	39414	658213.80	20973423	08/31/2026	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 Shares	08/18/2016	Shares were purchased from the Issuer pursuant to a Share Purchase Agreement dated April 28, 2016	Issuer			1064000	08/18/2016	The securities were purchased for $14.40 per share

* 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	08/31/2026
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	/s/ Zhitao He
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)