Company: NEGG
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001213900-25-036055
Chunk: 159

Company: Newegg Commerce, Inc.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 16C
Chunk 159
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November 8, 2025. The share repurchase program does not obligate us to repurchase any particular amount of Common Shares and may be modified,
suspended or terminated by us at any time without notice. There is no minimum number of shares that we are required to repurchase. Shares
repurchased under the program may be made in the open market, in privately negotiated transactions or by other means, including through
trading plans intended to qualify under Rule 10b5-1 of the Securities and Exchange Act of 1934 and accelerated share repurchase agreements,
with the amount and timing of repurchase to be determined at our discretion, depending on market and business conditions, and prevailing
stock prices among other factors.

The following table presents our purchases of
common stock during the year ended December 31, 2024, as part of the publicly announced share repurchase program:

  (Dollar in thousands, except per share data)                 Average                                 Approximate  
                                                               Price                               Dollar Value of  
                                                               Paid Per                                Shares That  
                                                               Share                                    May Yet Be  
                                                                                                         Purchased  
                                                                                                         Under the  
                                                                                                           Program  
  Total as of December 31, 2024                     177.7                               177.7                       
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Total as of December 31, 2023                     —          $             —          —                $10,000.0  
  January 1, 2024 - January 31, 2024                —          $             —          —                $10,000.0  
  February 1, 2024 - February 29, 2024              52.1       $             18.43      52.1              $9,039.5  
  March 1, 2024 - March 31, 2024                    50.0       $             20.77      50.0              $8,000.0  
  April 1, 2024 - April 30, 2024                    6.7        $             16.16      6.7               $7,891.4  
  May 1, 2024 - May 31, 2024                        68.9       $             20.23      68.9              $6,497.1  
  June 1, 2024 - June 30,