Company: NEGG
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001213900-25-036055
Chunk: 19

Company: Newegg Commerce, Inc.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 3
Chunk 19
---
 those we currently enjoy or
are commercially acceptable. Additionally, interruptions to or failures in these couriers’ shipping services could prevent the timely
or successful delivery of our products. These interruptions may be due to unforeseen events that are beyond our control or the control
of these third-party couriers, such as inclement weather, natural disasters or labor unrest. If our products are not delivered on time
or are delivered in a damaged state, customers may refuse to accept our products and have less confidence in our services. As a result,
we could lose customers, and our financial condition and market reputation could suffer.

Pandemics or other public health crises,
natural disasters, climate change, terrorist activities, and political unrest could adversely affect our business, financial condition,
and results of operations.

Global pandemics, epidemics or other public health
crises, or natural disasters such as hurricanes, earthquakes, tsunamis, fire, drought, rising sea levels, or other severe weather events,
whether as a result of climate change or otherwise, could disrupt our business operations, reduce or restrict our operations and services,
incur significant costs to protect our employees and facilities, or result in regional or global economic distress, which may materially
and adversely affect our business, financial condition, and results of operations. For example, the COVID-19 pandemic and the various
responses to it negatively impacted the global economy, disrupted consumer spending and global supply chains and created significant volatility
and disruption of financial markets. Additionally, actual or threatened war, terrorist activities, political unrest, civil strife, and
other geopolitical uncertainty could have a similar adverse effect on our business, financial condition, and results of operations.

Additionally, the long-term effects of global
climate change are expected to be widespread and unpredictable. The potential impacts of climate change present a variety of risks. The
physical effects of climate change, such as severe weather conditions, tsunamis, fire, drought, and rising sea levels, could adversely
affect our results of operations, including by increasing our energy costs, disrupting our supply chain, negatively impacting our workforce,
damaging our distribution centers and inventory, causing disruptions or the complete shutdown of our operations and facilities, and threatening
the habitability of the locations in which we operate. In addition to physical risks, the potential impacts of climate change also present
transition risks, including regulatory and reputational risks. For example, we use commodities and energy inputs in our operations that
may face increased regulation due to climate change or other environmental concerns.