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Newegg affiliate plans $1.9M stock sale

Affiliate holder Tekhill USA Inc has filed a Rule 144 notice to sell 113,900 shares of Newegg Commerce common stock.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Newegg Commerce, Inc. (NEGG) is the issuer of common stock that Tekhill USA Inc plans to sell under Rule 144. The notice covers the proposed sale of 113,900 shares of Newegg common stock, with an aggregate market value of $1,900,000 and 20,972,505 shares of common stock stated as outstanding as of the planned sale date of September 2, 2026.

The shares were acquired on May 19, 2021 in a merger transaction with the issuer for cash consideration. Over the prior three months, an affiliate entity, Tekhill USA LLC, reported additional open-market sales of Newegg common stock in several tranches.

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Shares to be sold under Rule 144 113,900 shares Newegg Commerce Inc common stock covered by the Form 144 notice
Aggregate market value of shares to be sold $1,900,000 Value associated with the 113,900 shares of Newegg common stock
Shares outstanding 20,972,505 shares Newegg Commerce Inc common stock stated as outstanding as of September 2, 2026
Sale date covered by notice September 2, 2026 Planned sale date for the Rule 144 transaction
Recent sale June 3, 2026 18,539 shares for $370,780 Newegg common stock sold by Tekhill USA LLC during past three months
Recent sale June 2, 2026 11,091 shares for $223,949 Newegg common stock sold by Tekhill USA LLC during past three months
Recent sale June 1, 2026 2,583 shares for $45,409 Newegg common stock sold by Tekhill USA LLC during past three months
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.
aggregate market value financial
"Common Stock ... 113900 | 1900000 | 20972505 | 09/02/2026"
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/Mijo Suric, for UBS Financial Services Inc, as attorney-in-fact"
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.
Merger financial
"Common Stock | 05/19/2021 | Merger | Issuer"
A merger is when two companies combine into a single business, with ownership and control reorganized so they operate as one entity. For investors it matters because mergers can change the value and risk of holdings—shares may be exchanged, diluted, or rise if the combined company saves costs or gains market power, and the deal often depends on regulatory approval and successful integration like two households joining resources and routines.

FAQ

What does the Form 144 filing mean for Newegg Commerce Inc (NEGG)?

The filing reports that Tekhill USA Inc, an affiliate holder, plans to sell 113,900 shares of Newegg Commerce common stock under Rule 144. This is a notice of a potential resale by an existing holder, not an issuance of new shares by Newegg.

How many NEGG shares are covered by this Rule 144 notice?

The notice covers a proposed sale of 113,900 shares of Newegg Commerce Inc common stock. The filing lists an aggregate market value of $1,900,000 for these shares in the securities information section.

What is the stated number of Newegg (NEGG) shares outstanding in the filing?

The Form 144 lists 20,972,505 shares of Newegg Commerce Inc common stock as shares outstanding in the securities information table as of the planned sale date of September 2, 2026.

When and how did Tekhill acquire the NEGG shares to be sold?

The shares covered by the notice were acquired on May 19, 2021 in a merger transaction with the issuer, Newegg Commerce Inc. The filing describes the acquisition as from the Issuer with Cash listed in the consideration column.

Who is executing the planned sale of NEGG shares for Tekhill USA Inc?

The broker listed is UBS Financial Services Inc, with an address in Weehawken, New Jersey. The Form 144 is signed on September 2, 2026 by /s/ Mijo Suric for UBS Financial Services Inc, as attorney-in-fact for Tekhill USA Inc.

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

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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