Company: NEGG
Filing Date: 2025-07-15
Form Type: 424B5
Source: 0001213900-25-063944
Chunk: 35

Company: Newegg Commerce, Inc.
Filing Date: 2025-07-15
Form: 424B5
Chunk 35
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 Mr. Zhitao He in the Hangzhou Intermediate People’s Court in China alleging that the defendants had failed to repay
the loans when due and were in breach of the loan agreements. The court has ruled that the loans are in default in a final, non-appealable
judgment. The estimated total amount owed under these loans as of September 30, 2022 was principal of RMB 399,964,014 in RMB denominated
loans, plus approximately RMB 77,384,557 in interest, fees, expenses and penalties on such amount, plus principal of $66,463,775 in U.S.
dollar loans, plus approximately $34,993,178 in interest, fees, expenses and penalties on such amount. Digital Grid intends to use all
or a portion of the proceeds received from this offering to repay and discharge these loans.

<div align='center'>6

Plan of Distribution</div>

We or the selling shareholder may sell the securities
from time to time pursuant to underwritten public offerings, directly or through agents in one or more transactions, including negotiated
transactions, at a fixed public offering price or prices, which may be changed, or at market prices prevailing at the time of sale, at
prices related to prevailing market prices or at negotiated prices. The securities may be sold in portions outside the United States at
an offering price and on terms specified in the applicable prospectus supplement relating to a particular issue of the securities. Without
limiting the generality of the foregoing, any one or more of the following methods may be used when selling the securities:

| ● | ordinary                                                                                
 brokerage transactions and transactions in which the broker-dealer solicits purchasers; |

| ● | block                                                                                           
 trades in which the broker-dealer will attempt to sell the securities as agent but may position 
 and resell a portion of the block as principal to facilitate the transaction;                   |

| ● | purchases                                                                        
 by a broker-dealer as principal and resale by the broker-dealer for its account; |

| ● | an                                                                             
 exchange distribution in accordance with the rules of the applicable exchange; |

| ● | privately                
 negotiated transactions; |

| ● | settlement                                                     
 of short sales entered into after the date of this prospectus; |

| ● | sales                                                                                        
 in which broker-dealers agree with us or a selling securityholder to sell a specified number 
 of securities at a stipulated price per security;                                            |

| ● | through                                                                                        
 the writing or