Company: NEGG
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001213900-25-036055
Chunk: 115

Company: Newegg Commerce, Inc.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 6
Chunk 115
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 Common Shares, (ii) vested stock options exercisable for 541,938 Common Shares, and (iii) restricted stock units representing the right to receive 5,120 Common Shares u...  

  (4)      Comprised of Common Shares                                                                                                                                                              
  (5)      Comprised of (i) 4,405 Common Shares and (ii) restricted stock units representing the right to receive 276 Common Shares upon vesting that will vest within 60 days of March 31, 2025.  

  (6)      Comprised of (i) 2,209 Common Shares and (ii) vested stock options exercisable for 17,676 Common Shares. The exercise price for all of these stock options is $10.95/share.  

All share amounts and per share amounts above
have been retroactively adjusted for the twenty-for-one share combination, effective April 7, 2025. See Note 1 of the consolidated financial
statements.

Rights of Certain Principal Shareholders

See Item 10. B. “ Memorandum and Articles
of Association” under the subheadings “ Rights of Certain Principal Shareholders” and “ Requirements of Board Approval
on Certain Matters.”

  Related Party Transactions  
 ──────────────────────────────

For a description of our related party transactions,
see “ Related Party Transactions” as discussed in Note 17 of the consolidated financial statements to this annual report
on Form 20-F.

  Interest of Experts and Counsel  
 ───────────────────────────────────

Not applicable.

Item 8. Financial Information