# EDGAR Filing Document

**Accession Number:** 0001474627
**File Stem:** 0001493152-26-013996
**Filing Date:** 2026-3
**Character Count:** 9343
**Document Hash:** 883cbf7fde248bc4c52c879724425b0a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-26-013996.hdr.sgml**: 20260331

**ACCESSION NUMBER**: 0001493152-26-013996

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260318

**FILED AS OF DATE**: 20260331

**DATE AS OF CHANGE**: 20260331

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** He Zhitao
- **CENTRAL INDEX KEY:** 0001965303

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-34661
- **FILM NUMBER:** 26820292

**MAIL ADDRESS:**
- **STREET 1:** 17560 ROWLAND STREET
- **CITY:** CITY OF INDUSTRY
- **STATE:** CA
- **ZIP:** 91748
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Newegg Commerce, Inc.
- **CENTRAL INDEX KEY:** 0001474627
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-RETAIL STORES, NEC [5990]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 000000000
- **STATE OF INCORPORATION:** D8

**BUSINESS ADDRESS:**
- **STREET 1:** 21688 GATEWAY CENTER DR
- **STREET 2:** #300
- **CITY:** DIAMOND BAR
- **STATE:** CA
- **ZIP:** 91765
- **BUSINESS PHONE:** (8610)8860-9850

**MAIL ADDRESS:**
- **STREET 1:** 21688 GATEWAY CENTER DR
- **STREET 2:** #300
- **CITY:** DIAMOND BAR
- **STATE:** CA
- **ZIP:** 91765

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Lianluo Smart Ltd
- **DATE OF NAME CHANGE:** 20161118

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Dehaier Medical Systems Ltd
- **DATE OF NAME CHANGE:** 20091015

## Ex-24

**Exhibit 24**

**POWER OF ATTORNEY**

Know all by these presents, that the undersigned hereby constitutes and appoints each of Kaiping Zhang, Xiaoxue Guo, Ruth Jin, Esq., Jeffrey Schultz, Esq. and Mercedez Taitt-Harmon, Esq., as the undersigned's true and lawful attorneys-in-fact to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) execute for and on behalf of the undersigned, in the undersigned's capacity as a reporting person pursuant to Section 16 of the Securities Exchange Act of 1934, as amended (the "**Exchange Act**"), and the rules thereunder of Forms 3, 4 and 5, including any amendments thereto, in accordance with Section 16(a) of the Exchange Act;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4 or 5, complete and execute any amendment or amendments thereto and timely file such form with the United States Securities and Exchange Commission and the applicable stock exchange or similar authority; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of any of such attorneys-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by any of such attorneys-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as any of such attorneys-in-fact may approve in the discretion of any of such attorneys-in-fact.

The undersigned hereby grants to each such attorney-in-fact full power and authority to act separately and to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that any of such attorneys-in-fact, or the substitute or substitutes of any of such attorneys-in-fact, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming any of the undersigned's responsibilities to comply with Section 16 of the Exchange Act.

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4 and 5 with respect to the undersigned's holdings of and transactions in securities issued, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 12 day of March, 2026.

---

| | |
|:---|:---|
| /s/ Zhitao He | /s/ Zhitao He |
| Name: | Zhitao He |

---

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 3

### INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>He Zhitao<br><sub>(Last) (First) (Middle)</sub><br>C/O NEWEGG COMMERCE, INC.<br>21688 GATEWAY CENTER DRIVE, SUITE 300<br><sub>(Street)</sub><br>DIAMOND BAR, CA 91765<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>Newegg Commerce, Inc. [ NEGG ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2026-03-18 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director   [ ] 10% Owner<br>[ ] Officer (give title below)   [ ] Other (specify below)<br>_ _ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities Beneficially Owned

---

|  |  |  |  |
| --- | --- | --- | --- |
| 1. Title of Security | 2. Amount of Securities Beneficially Owned | 3. Ownership Form | 4. Nature of Indirect Beneficial Ownership |
| Common Shares, par value US$0.43696 per share | 11141079 | I | By Digital Grid (Hong Kong) Technology Co., Limited<sup>(1)</sup> |
| Common Shares, par value US$0.43696 per share | 2946 | I | By Hyperfinite Galaxy Holding Limited<sup>(1)</sup> |

---

## Table II - Derivative Securities Beneficially Owned

---

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Underlying Securities | 3. Title and Amount of Underlying Securities | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| Stock Options (right to buy) | <sup>(2)</sup> | <sup>(2)</sup> | Common Shares, par value US$0.43696 per share | 684869 | $10.95 | D |  |
| Warrants (right to buy) | <sup>(3)</sup> | <sup>(3)</sup> | Common Shares, par value US$0.43696 per share | 6250 | $352.00 | I | By Hangzhou Lianluo Interactive Technology Co., Ltd.<sup>(1)</sup> |

---

### Footnotes:

(1) Mr. Zhitao He beneficially owns (i) 11,141,079 common shares of Newegg Commerce, Inc. (the "Issuer") held by Digital Grid (Hong Kong) Technology Co., Limited ("Digital Grid"), through Hangzhou Lianluo Interactive Technology Co., Ltd.'s ("Hangzhou Lianluo") 100% ownership of Digital Grid and his control of Hangzhou Lianluo and Digital Grid, (ii) warrants to purchase 6,250 common shares at an exercise price of $352.00 per share held by Hangzhou Lianluo through his control of Hangzhou Lianluo, (iii) 2,946 common shares held by Hyperfinite Galaxy Holding Limited, which is 100% owned by Mr. Zhitao He, and (iv) vested stock options held by Mr. Zhitao He that are exercisable for 684,869 common shares at an exercise price of $10.95 per share. Hangzhou Lianluo is controlled by Mr. Zhitao He.

(2) The stock options were granted pursuant to the Newegg 2005 Incentive Award Plan and are fully vested and exercisable. The options were granted on June 15, 2020 and will expire on June 15, 2030.

(3) Each warrant is exercisable for common shares at any time for an exercise price of $352.00 per share with no expiration date. The warrants were granted on April 28, 2016.

**Remarks:**
Exhibit 24 POWER OF ATTORNEY

**Signature:** /s/ Ruth Jin, Esq. power of attorney for: Zhitao He  
**Date:** 2026-03-31

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**