[SCHEDULE 13D/A] Newegg Commerce, Inc. SEC Filing
The filing is Amendment No. 11 to a Schedule 13D reporting that Vladimir and Angelica Galkin jointly beneficially own 3,511,111 shares of Newegg Commerce, Inc. common stock, representing approximately 18.0% of the 19,478,394 shares outstanding used for the calculation. The Galkin Revocable Trust initially acquired 2,222,222 shares and transferred those shares to a joint account on July 10, 2025; the Galkins then purchased an additional 1,288,889 shares to reach the current total. The filing discloses aggregate purchase and sale amounts: about $70,824,694 paid to acquire 3,672,385 shares and $2,387,051 received from sale of 161,274 shares. The Galkins have shared voting and dispositive power over the reported shares and state the positions are not pledged or held in a margin account.
L'atto 猫 l'Emendamento n. 11 al Schedule 13D che segnala che Vladimir e Angelica Galkin possiedono congiuntamente in modo beneficiario 3.511.111 azioni ordinarie di Newegg Commerce, Inc., pari a circa il 18,0% delle 19.478.394 azioni in circolazione considerate ai fini del calcolo. The Galkin Revocable Trust ha inizialmente acquisito 2.222.222 azioni, trasferendole poi su un conto congiunto il 10 luglio 2025; i coniugi Galkin hanno quindi comprato ulteriori 1.288.889 azioni per raggiungere l'attuale totale. Il documento riporta gli importi complessivi delle transazioni: circa $70.824.694 pagati per l'acquisto di 3.672.385 azioni e $2.387.051 ricavati dalla vendita di 161.274 azioni. I Galkin dichiarano di avere la potest脿 condivisa di voto e dispositiva sulle azioni segnalate e che le posizioni non sono impegnate n茅 detenute in un conto margine.
La presentaci贸n es la Enmienda N潞 11 al Schedule 13D que informa que Vladimir y Angelica Galkin poseen conjuntamente y de forma beneficiaria 3.511.111 acciones de acciones ordinarias de Newegg Commerce, Inc., lo que representa aproximadamente el 18,0% de las 19.478.394 acciones en circulaci贸n utilizadas para el c谩lculo. The Galkin Revocable Trust adquiri贸 inicialmente 2.222.222 acciones y transfiri贸 esas acciones a una cuenta conjunta el 10 de julio de 2025; los Galkin luego compraron 1.288.889 acciones adicionales para alcanzar el total actual. La presentaci贸n revela los importes agregados de las compras y ventas: aproximadamente $70.824.694 pagados por adquirir 3.672.385 acciones y $2.387.051 recibidos por la venta de 161.274 acciones. Los Galkin tienen poder compartido de voto y disposici贸n sobre las acciones reportadas y declaran que las posiciones no est谩n pignoradas ni mantenidas en una cuenta de margen.
鞚� 鞝滌稖靹滊姅 Schedule 13D鞐� 雽�頃� 鞝�11彀� 靾橃爼靹滊, Vladimir鞕� Angelica Galkin鞚� 瓿惦彊鞙茧 靾橅槣鞝侅溂搿� 氤挫湢頃� Newegg Commerce, Inc. 氤错喌欤� 3,511,111欤�臧� 氤搓碃霅橂┌ 鞚措姅 瓿勳偘鞐� 靷毄霅� 氚滍枆欤检嫕 19,478,394欤检潣 鞎� 18.0%鞐� 頃措嫻頃╇媹雼�. The Galkin Revocable Trust電� 觳橃潓鞐� 2,222,222欤�毳� 旆摑頃橁碃 2025雲� 7鞗� 10鞚� 頃措嫻 欤检嫕鞚� 瓿惦彊 瓿勳搿� 鞚挫爠頄堨溂氅�, 鞚错泟 Galkin 攵�攵�電� 順勳灛 齑濎暋鞐� 霃勲嫭頃橁赴 鞙勴暣 於旉皜搿� 1,288,889欤�毳� 毵れ垬頄堨姷雼堧嫟. 鞝滌稖靹滌棎電� 齑� 毵れ垬 氚� 毵る弰 旮堨暋鞚� 瓿店皽霅橃柎 鞛堨溂氅�, 3,672,385欤茧ゼ 旆摑頃橂姅 雿� 鞎� $70,824,694毳� 歆�攵堩枅瓿� 161,274欤� 毵る弰搿� $2,387,051毳� 靾橂牴頃� 瓴冹溂搿� 雮橅儉雮╇媹雼�. Galkin 攵�攵�電� 氤搓碃霅� 欤检嫕鞐� 雽�頃� 瓿惦彊鞚� 鞚橁舶甓� 氚� 觳橂秳甓�鞚� 氤挫湢頃橁碃 鞛堨溂氅� 頃措嫻 韽靺橃潃 雼措炒 靹れ爼霅橁卑雮� 毵堨 瓿勳鞐� 氤搓磤霅橃柎 鞛堨 鞎婋嫟瓿� 氇呾嫓頄堨姷雼堧嫟.
Le d茅p么t constitue l'Amendement n掳11 au Schedule 13D d茅clarant que Vladimir et Angelica Galkin poss猫dent conjointement 脿 titre b茅n茅ficiaire 3 511 111 actions ordinaires de Newegg Commerce, Inc., soit environ 18,0% des 19 478 394 actions en circulation utilis茅es pour le calcul. The Galkin Revocable Trust a initialement acquis 2 222 222 actions et a transf茅r茅 ces actions sur un compte joint le 10 juillet 2025 ; les Galkin ont ensuite achet茅 1 288 889 actions suppl茅mentaires pour atteindre le total actuel. Le d茅p么t divulgue les montants agr茅g茅s des achats et ventes : environ $70 824 694 pay茅s pour l'acquisition de 3 672 385 actions et $2 387 051 re莽us de la vente de 161 274 actions. Les Galkin d茅tiennent le pouvoir de vote et de disposition partag茅 sur les actions d茅clar茅es et indiquent que ces positions ne sont ni nanties ni d茅tenues sur un compte sur marge.
Die Einreichung ist Nachtrag Nr. 11 zu einem Schedule 13D, der meldet, dass Vladimir und Angelica Galkin gemeinsam wirtschaftlich beg眉nstigt 3.511.111 Aktien der Stammaktien von Newegg Commerce, Inc. besitzen, was etwa 18,0% der f眉r die Berechnung herangezogenen 19.478.394 ausstehenden Aktien entspricht. The Galkin Revocable Trust erwarb zun盲chst 2.222.222 Aktien und 眉bertrug diese am 10. Juli 2025 auf ein gemeinsames Konto; die Galkins kauften anschlie脽end weitere 1.288.889 Aktien, um den aktuellen Bestand zu erreichen. Die Einreichung legt die aggregierten Kauf- und Verkaufssummen offen: etwa $70.824.694 f眉r den Erwerb von 3.672.385 Aktien und $2.387.051 aus dem Verkauf von 161.274 Aktien. Die Galkins haben gemeinsames Stimm- und Verf眉gungsrecht 眉ber die gemeldeten Aktien und geben an, dass die Positionen nicht verpf盲ndet sind und sich nicht auf einem Margin-Konto befinden.
- Material ownership disclosed: Reporting persons hold 3,511,111 shares, ~18.0% of outstanding common stock.
- Transparent transaction history: Filing details transfer from Galkin Revocable Trust, additional purchases, and aggregate purchase/sale amounts.
- Control clarity: Galkins state shared voting and dispositive power and that positions are not pledged.
- None.
Insights
TL;DR: Reporting persons hold a sizeable 18.0% stake, disclosed clearly with purchase/sale amounts and voting/dispositive control.
The Schedule 13D/A documents a significant concentrated stake in NEGG: 3,511,111 shares equating to 18.0% based on the issuer's reported 19,478,394 shares outstanding as of year-end 2024. The filing details acquisition mechanics (transfer from a trust, subsequent open-market purchases) and gross cash flows for the reported trades. The explicit statement that shares are not pledged and voting/dispositive power is shared provides clarity on control and liquidity constraints. For investors, the size and transparency of the position are material; however, no strategic intent or planned actions are disclosed here.
TL;DR: Joint ownership by spouses with shared voting/dispositive power creates a concentrated, clearly disclosed position but no stated governance proposals.
The amendment affirms that Vladimir and Angelica Galkin jointly exercise shared voting and dispositive authority over the 3,511,111 shares. The filing references the trust-to-joint-account transfer and open-market purchases, and explicitly notes no third party has rights to dividends or sale proceeds. While the ownership level is material from a governance perspective, the document contains no agreements, arrangements, or expressed intentions regarding board representation, proxy contests, or other control actions.
L'atto 猫 l'Emendamento n. 11 al Schedule 13D che segnala che Vladimir e Angelica Galkin possiedono congiuntamente in modo beneficiario 3.511.111 azioni ordinarie di Newegg Commerce, Inc., pari a circa il 18,0% delle 19.478.394 azioni in circolazione considerate ai fini del calcolo. The Galkin Revocable Trust ha inizialmente acquisito 2.222.222 azioni, trasferendole poi su un conto congiunto il 10 luglio 2025; i coniugi Galkin hanno quindi comprato ulteriori 1.288.889 azioni per raggiungere l'attuale totale. Il documento riporta gli importi complessivi delle transazioni: circa $70.824.694 pagati per l'acquisto di 3.672.385 azioni e $2.387.051 ricavati dalla vendita di 161.274 azioni. I Galkin dichiarano di avere la potest脿 condivisa di voto e dispositiva sulle azioni segnalate e che le posizioni non sono impegnate n茅 detenute in un conto margine.
La presentaci贸n es la Enmienda N潞 11 al Schedule 13D que informa que Vladimir y Angelica Galkin poseen conjuntamente y de forma beneficiaria 3.511.111 acciones de acciones ordinarias de Newegg Commerce, Inc., lo que representa aproximadamente el 18,0% de las 19.478.394 acciones en circulaci贸n utilizadas para el c谩lculo. The Galkin Revocable Trust adquiri贸 inicialmente 2.222.222 acciones y transfiri贸 esas acciones a una cuenta conjunta el 10 de julio de 2025; los Galkin luego compraron 1.288.889 acciones adicionales para alcanzar el total actual. La presentaci贸n revela los importes agregados de las compras y ventas: aproximadamente $70.824.694 pagados por adquirir 3.672.385 acciones y $2.387.051 recibidos por la venta de 161.274 acciones. Los Galkin tienen poder compartido de voto y disposici贸n sobre las acciones reportadas y declaran que las posiciones no est谩n pignoradas ni mantenidas en una cuenta de margen.
鞚� 鞝滌稖靹滊姅 Schedule 13D鞐� 雽�頃� 鞝�11彀� 靾橃爼靹滊, Vladimir鞕� Angelica Galkin鞚� 瓿惦彊鞙茧 靾橅槣鞝侅溂搿� 氤挫湢頃� Newegg Commerce, Inc. 氤错喌欤� 3,511,111欤�臧� 氤搓碃霅橂┌ 鞚措姅 瓿勳偘鞐� 靷毄霅� 氚滍枆欤检嫕 19,478,394欤检潣 鞎� 18.0%鞐� 頃措嫻頃╇媹雼�. The Galkin Revocable Trust電� 觳橃潓鞐� 2,222,222欤�毳� 旆摑頃橁碃 2025雲� 7鞗� 10鞚� 頃措嫻 欤检嫕鞚� 瓿惦彊 瓿勳搿� 鞚挫爠頄堨溂氅�, 鞚错泟 Galkin 攵�攵�電� 順勳灛 齑濎暋鞐� 霃勲嫭頃橁赴 鞙勴暣 於旉皜搿� 1,288,889欤�毳� 毵れ垬頄堨姷雼堧嫟. 鞝滌稖靹滌棎電� 齑� 毵れ垬 氚� 毵る弰 旮堨暋鞚� 瓿店皽霅橃柎 鞛堨溂氅�, 3,672,385欤茧ゼ 旆摑頃橂姅 雿� 鞎� $70,824,694毳� 歆�攵堩枅瓿� 161,274欤� 毵る弰搿� $2,387,051毳� 靾橂牴頃� 瓴冹溂搿� 雮橅儉雮╇媹雼�. Galkin 攵�攵�電� 氤搓碃霅� 欤检嫕鞐� 雽�頃� 瓿惦彊鞚� 鞚橁舶甓� 氚� 觳橂秳甓�鞚� 氤挫湢頃橁碃 鞛堨溂氅� 頃措嫻 韽靺橃潃 雼措炒 靹れ爼霅橁卑雮� 毵堨 瓿勳鞐� 氤搓磤霅橃柎 鞛堨 鞎婋嫟瓿� 氇呾嫓頄堨姷雼堧嫟.
Le d茅p么t constitue l'Amendement n掳11 au Schedule 13D d茅clarant que Vladimir et Angelica Galkin poss猫dent conjointement 脿 titre b茅n茅ficiaire 3 511 111 actions ordinaires de Newegg Commerce, Inc., soit environ 18,0% des 19 478 394 actions en circulation utilis茅es pour le calcul. The Galkin Revocable Trust a initialement acquis 2 222 222 actions et a transf茅r茅 ces actions sur un compte joint le 10 juillet 2025 ; les Galkin ont ensuite achet茅 1 288 889 actions suppl茅mentaires pour atteindre le total actuel. Le d茅p么t divulgue les montants agr茅g茅s des achats et ventes : environ $70 824 694 pay茅s pour l'acquisition de 3 672 385 actions et $2 387 051 re莽us de la vente de 161 274 actions. Les Galkin d茅tiennent le pouvoir de vote et de disposition partag茅 sur les actions d茅clar茅es et indiquent que ces positions ne sont ni nanties ni d茅tenues sur un compte sur marge.
Die Einreichung ist Nachtrag Nr. 11 zu einem Schedule 13D, der meldet, dass Vladimir und Angelica Galkin gemeinsam wirtschaftlich beg眉nstigt 3.511.111 Aktien der Stammaktien von Newegg Commerce, Inc. besitzen, was etwa 18,0% der f眉r die Berechnung herangezogenen 19.478.394 ausstehenden Aktien entspricht. The Galkin Revocable Trust erwarb zun盲chst 2.222.222 Aktien und 眉bertrug diese am 10. Juli 2025 auf ein gemeinsames Konto; die Galkins kauften anschlie脽end weitere 1.288.889 Aktien, um den aktuellen Bestand zu erreichen. Die Einreichung legt die aggregierten Kauf- und Verkaufssummen offen: etwa $70.824.694 f眉r den Erwerb von 3.672.385 Aktien und $2.387.051 aus dem Verkauf von 161.274 Aktien. Die Galkins haben gemeinsames Stimm- und Verf眉gungsrecht 眉ber die gemeldeten Aktien und geben an, dass die Positionen nicht verpf盲ndet sind und sich nicht auf einem Margin-Konto befinden.
FAQ
How many NEGG shares do Vladimir and Angelica Galkin beneficially own?
How was the Galkins' NEGG position acquired?
What cash amounts are disclosed for these NEGG transactions?
Do the Galkins retain voting or dispositive control over the shares?
Are the reported shares pledged or held in a margin account?
