Company: NEGG
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001213900-25-036055
Chunk: 2

Company: Newegg Commerce, Inc.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 3
Chunk 2
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  access to international markets and applicable laws relating to trade, export and import controls and economic sanctions;  

  our ability to raise additional capital;  

  significant developments stemming from recent U. S. government actions and proposals concerning tariffs and other economic proposals;  

  claims, litigation, government investigations, and other proceedings may adversely affect our business and results of operations;  
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  our ability to adequately protect our intellectual property rights;  

  any assertions, claims and allegations that we have infringed or violated intellectual property rights;  

  product liability claims, which could be costly and time-consuming to defend;  

  any additional costs incurred due to tax assessments resulting from ongoing and future audits by tax authorities;  

  relatively stringent employment laws in some of the countries in which we operate;  

  our ability to use our net operating loss carryforwards and certain other tax attributes;  

  our being treated as a U. S. corporation for all U. S. federal tax purposes;  

  the shares pledged as collateral                                                     

  the extreme volatility of the market price of our common shares due to numerous circumstances beyond our control;  

  Mr. Zhitao He (as the Chairman and CEO of Hangzhou Lianluo, and in                                                                
  his own capacity) and Mr. Fred Chang’s approximate 57.3% and 30.9% control, respectively, and 88.2%, collectively, of the voting  
  power of our issued and outstanding common shares as of December 31, 2024;                                                        
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  our status as a “controlled company” within the meaning of the Nasdaq Listing Rules and the corresponding exemptions from certain corporate governance requirements;  

  certain provisions of Newegg’s Amended Shareholders Agreement that may delay or prevent us from raising funding in the future and may have an adverse impact on us and the liquidity and market p...  
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  any shareholder litigation due to the volatility in the price of our common shares, which may result in substantial costs and a diversion of our management’s attention and resources;  
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