Company: NEGG
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001213900-25-036055
Chunk: 3

Company: Newegg Commerce, Inc.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 3
Chunk 3
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  our failure to maintain compliance with Nasdaq Listing Rules, which may lead to us being delisted from Nasdaq, which would result in a limited public market for trading our shares and make obta...  
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  any involvement of our directors and officers in investigations or other forms of regulatory or governmental inquiry which may cause reputational harm to the Company, result in additional expen...  
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  securities or industry analysts not publishing research or reports about our business or adversely changing their recommendations regarding our common shares;  

  techniques employed by short sellers to drive down the market price of our common shares;  

  difficulty enforcing judgments against us, our directors and management;  

  unavailability of certain types of class or derivative actions under British Virgin Islands (“ BVI”) law and other interests under U. S. law;  
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  protecting shareholder interests that would otherwise be normally available to shareholders of a U. S. corporation;  

  our expectation not to pay dividends in the foreseeable future;  

  certain home country (British Virgin Islands) practices in relation to corporate governance matters that differ significantly from Nasdaq’s corporate governance listing standards, which may aff...  
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  our foreign private issuer status, which exempts us from certain reporting requirements applicable to U. S. domestic public companies.  

Risks Relating to Our Business

Global macroeconomic conditions and the
effect of economic pressures and other business factors on discretionary consumer spending and consumer preferences may have a material
adverse effect on our business, results of operations and financial condition.

Uncertainties in global macroeconomic conditions
that are beyond our control have in the past impacted our business and may in the future materially adversely affect our business, results
of operations, financial condition and stock price. These adverse economic conditions include inflation, slower growth or recession, new
or increased tariffs and other changes to fiscal and monetary policy, higher interest rates, high unemployment, decreased consumer confidence
in the