Company: NEGG
Filing Date: 2025-07-15
Form Type: 424B5
Source: 0001213900-25-063944
Chunk: 7

Company: Newegg Commerce, Inc.
Filing Date: 2025-07-15
Form: 424B5
Chunk 7
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 inflation; and                                |

| ● | other                                                                                             
 assumptions described in this prospectus supplement underlying or relating to any forward-looking 
 statements.                                                                                       |

We describe material risks, uncertainties and assumptions that could affect our business, including our financial condition and results of operations, under “Risk Factors.” We base our forward-looking statements on our management’s beliefs and assumptions based on information available to our management at the time the statements are made. We caution you that actual outcomes and results may, and are likely to, differ materially from what is expressed, implied or forecast by our forward-looking statements. You should not place undue reliance on forward-looking statements, which speak only as of the date that they were made. Moreover, you should consider these cautionary statements in connection with any written or oral forward-looking statements that we may issue in the future. Except as required under the U.S. federal securities laws, we do not undertake any obligation to release publicly any revisions to forward-looking statements to reflect later events or circumstances or to reflect the occurrence of unanticipated events. In light of the risks and uncertainties described above, the forward-looking events and circumstances discussed in this prospectus and the documents incorporated by reference herein might not occur, and are not guarantees of future performance.

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RISK FACTORS</div>

Investors should carefully consider the risks described below and those included in the filings incorporated by reference, including our Annual Report on Form 20-F for the fiscal year ended December 31, 2024 and our subsequent reports incorporated by reference herein. The risks described below and those described in the filings incorporated by reference are not the only ones we face. If any of the following risks actually occurs, our business, financial condition, results of operations or prospects could be adversely affected. In such case, the trading price of our Common Shares could decline and you could lose all or part of your investment. Our actual results could differ materially from those anticipated in the forward-looking statements made throughout this prospectus supplement and in the documents incorporated by reference as a result of different factors, including the risks we face described below and those described in the filings incorporated by reference.

Risks Related to this Offering

A majority of our outstanding Common Shares are pledged as collateral to support delinquent indebtedness of our shareholders and could be sold to satisfy that indebtedness or for other reasons, which could lead to a significant decline in our share price and changes in our governance.

Hangzhou Lianluo’s wholly-owned
subsidiary, Digital Grid