Company: NEGG
Filing Date: 2025-07-15
Form Type: 424B5
Source: 0001213900-25-063944
Chunk: 16

Company: Newegg Commerce, Inc.
Filing Date: 2025-07-15
Form: 424B5
Chunk 16
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able Disposition.”

Subject to the discussions below on effectively
connected income, dividends paid to a Non-U.S. holder of our Common Shares will be subject to U.S. federal withholding tax at a rate of
30% of the gross amount of the dividends (or such lower rate specified by an applicable income tax treaty, provided the Non-U.S. holder
furnishes a valid IRS Form W-8BEN or W-8BEN-E (or other applicable documentation) certifying qualification for the lower treaty rate).
A Non-U.S. holder that does not timely furnish the required documentation, but that qualifies for a reduced treaty rate, may obtain a
refund of any excess amounts withheld by timely filing an appropriate claim for refund with the IRS.

If dividends paid to a Non-U.S. holder are effectively
connected with the Non-U.S. holder’s conduct of a trade or business within the United States, the Non-U.S. holder will be exempt
from the U.S. federal withholding tax described above. To claim the exemption, the Non-U.S. holder generally must furnish to the applicable
withholding agent a valid IRS Form W-8ECI, certifying that the dividends are effectively connected with the Non-U.S. holder’s conduct
of a trade or business within the United States.

Any such effectively connected dividends will
be subject to U.S. federal income tax on a net basis at the regular graduated rates (unless, if provided by an applicable income tax treaty,
the dividends are not attributable to permanent establishment in the United States maintained by the Non-U.S. holder). A Non-U.S. holder
that is a corporation also may be subject to a branch profits tax at a rate of 30% (or such lower rate specified by an applicable income
tax treaty) on such effectively connected dividends, as adjusted for certain items.

Each Non-U.S. holder is urged to consult its tax
advisor regarding the U.S. federal income tax considerations related to the receipt of a distribution, including with respect to any applicable
tax treaties that may provide for different rules.

Sale or Other Taxable Disposition

A Non-U.S. holder will not be subject to U.S.
federal income tax on any gain realized upon the sale or other taxable disposition of our Common Shares unless:

| ● | the gain is effectively connected with the Non-U.S. holder’s                                                                                
 conduct of a trade or business within the United States (and, if required by an applicable income tax treaty, the Non-U.S.