[SCHEDULE 13D/A] Newegg Commerce, Inc. SEC Filing
Amendment No. 10 to Schedule 13D filed 08/07/2025 reports that Vladimir Galkin and Angelica Galkin jointly beneficially own 3,500,000 shares of Newegg Commerce, Inc. (Common Stock), representing approximately 18.0% of outstanding shares based on 19,478,394 shares outstanding as of 12/31/2024.
Per the filing, 2,222,222 shares were originally acquired by the Galkin Revocable Trust and transferred to a joint account on July 10, 2025; the Galkins then purchased an additional 1,277,781 shares with their investment capital. The filing discloses aggregate cash flows of approximately $69,661,194 paid to acquire 3,661,274 shares and $2,387,051 received from sale of 161,274 shares, resulting in a net holding of 3,500,000 shares. The joint holders report shared voting and dispositive power over these shares and state the joint-account positions are not held in margin or pledged.
Exhibits: Schedule A and Joint Filing Agreement.
Emendamento n. 10 al Schedule 13D presentato il 08/07/2025 segnala che Vladimir Galkin e Angelica Galkin detengono congiuntamente la titolarit脿 beneficiaria di 3,500,000 azioni di Newegg Commerce, Inc. (azioni ordinarie), rappresentanti circa 18,0% delle azioni in circolazione sulla base di 19,478,394 azioni in circolazione al 31/12/2024.
Secondo il deposito, 2,222,222 azioni erano state originariamente acquisite dal Galkin Revocable Trust e trasferite su un conto congiunto il 10 luglio 2025; i Galkin hanno poi acquistato ulteriori 1,277,781 azioni con il loro capitale d'investimento. Il deposito dichiara flussi di cassa aggregati di circa $69,661,194 versati per acquisire 3,661,274 azioni e $2,387,051 ricevuti dalla vendita di 161,274 azioni, risultando in una partecipazione netta di 3,500,000 azioni. I titolari congiunti riferiscono di avere il potere di voto e di disposizione condiviso su queste azioni e dichiarano che le posizioni sul conto congiunto non sono detenute in marginazione n茅 sono state date in pegno.
Allegati: Schedule A e Joint Filing Agreement.
Enmienda n.潞 10 al Schedule 13D presentada el 08/07/2025 informa que Vladimir Galkin y Angelica Galkin poseen conjuntamente 3,500,000 acciones de Newegg Commerce, Inc. (acciones ordinarias), que representan aproximadamente 18.0% del total en circulaci贸n, basado en 19,478,394 acciones en circulaci贸n al 31/12/2024.
Seg煤n el informe, 2,222,222 acciones fueron originalmente adquiridas por el Galkin Revocable Trust y transferidas a una cuenta conjunta el 10 de julio de 2025; los Galkin adquirieron luego 1,277,781 acciones adicionales con su capital de inversi贸n. El informe revela flujos de efectivo agregados de aproximadamente $69,661,194 pagados para adquirir 3,661,274 acciones y $2,387,051 recibidos por la venta de 161,274 acciones, resultando en una tenencia neta de 3,500,000 acciones. Los titulares conjuntos informan tener poder compartido de voto y de disposici贸n sobre estas acciones y declaran que las posiciones de la cuenta conjunta no est谩n en margen ni pignoradas.
Anexos: Schedule A y Joint Filing Agreement.
Schedule 13D 靾橃爼靹� 鞝�10順� (鞝滌稖鞚� 2025-08-07)鞐� 霐半ゴ氅� Vladimir Galkin瓿� Angelica Galkin鞚� Newegg Commerce, Inc.鞚� 氤错喌欤� 3,500,000欤茧ゼ 瓿惦彊鞙茧 鞁れ鞝侅溂搿� 靻岇湢頃橁碃 鞛堨溂氅�, 鞚措姅 2024-12-31 旮办 氚滍枆欤检嫕靾� 19,478,394欤茧ゼ 旮办鞙茧 雽�霝� 18.0%鞐� 頃措嫻頃╇媹雼�.
鞁犼碃靹滌棎 霐半ゴ氅� 2,222,222欤茧姅 鞗愲灅 Galkin Revocable Trust臧� 旆摑頃橃棳 2025雲� 7鞗� 10鞚� 瓿惦彊 瓿勳搿� 鞚挫爠霅橃棃瓿�, 攴� 頉� Galkin 攵�攵�電� 韴瀽鞛愱笀鞙茧 於旉皜搿� 1,277,781欤茧ゼ 毵れ垬頄堨姷雼堧嫟. 鞁犼碃靹滊姅 齑� 鞎� $69,661,194鞚� 順勱笀鞚� 3,661,274欤� 旆摑鞐� 歆�於滊悩鞐堦碃, 161,274欤� 毵り皝鞙茧 $2,387,051臧� 靾橂牴霅橃柎 瓴瓣臣鞝侅溂搿� 靾滊炒鞙犾＜鞁濎澊 3,500,000欤缄皜 霅橃棃鞚岇潉 瓿店皽頃橁碃 鞛堨姷雼堧嫟. 瓿惦彊 氤挫湢鞛愲姅 鞚措煬頃� 欤检嫕鞐� 雽�頃� 瓿惦彊 鞚橁舶甓� 氚� 觳橂秳甓�鞚� 氤挫湢頃橂┌, 瓿惦彊 瓿勳鞚� 韽靺橃潃 毵堨鞙茧 鞙犾霅橁卑雮� 雼措炒搿� 鞝滉车霅橃 鞎婌晿雼り碃 氇呾嫓頃╇媹雼�.
觳秬靹滊: Schedule A 氚� Joint Filing Agreement.
Avenant n掳10 au Schedule 13D d茅pos茅 le 08/07/2025 indique que Vladimir Galkin et Angelica Galkin d茅tiennent conjointement 3,500,000 actions de Newegg Commerce, Inc. (actions ordinaires), repr茅sentant environ 18,0% des actions en circulation sur la base de 19,478,394 actions en circulation au 31/12/2024.
Selon le d茅p么t, 2,222,222 actions ont 茅t茅 initialement acquises par le Galkin Revocable Trust et transf茅r茅es sur un compte joint le 10 juillet 2025 ; les Galkin ont ensuite achet茅 1,277,781 actions suppl茅mentaires avec leurs fonds d'investissement. Le d茅p么t divulgue des flux de tr茅sorerie agr茅g茅s d'environ $69,661,194 pay茅s pour acqu茅rir 3,661,274 actions et $2,387,051 re莽us de la vente de 161,274 actions, aboutissant 脿 une d茅tention nette de 3,500,000 actions. Les d茅tenteurs conjoints d茅clarent avoir le pouvoir conjoint de vote et de disposition sur ces actions et indiquent que les positions du compte joint ne sont ni d茅tenues sur marge ni nanties.
Pi猫ces jointes : Schedule A et Joint Filing Agreement.
脛nderung Nr. 10 zu Schedule 13D, eingereicht am 07.08.2025, berichtet, dass Vladimir Galkin und Angelica Galkin gemeinsam wirtschaftlich berechtigt sind an 3.500.000 Aktien von Newegg Commerce, Inc. (Stammaktien), was etwa 18,0% der ausstehenden Aktien entspricht, basierend auf 19.478.394 ausstehenden Aktien per 31.12.2024.
Der Einreichung zufolge wurden 2.222.222 Aktien urspr眉nglich vom Galkin Revocable Trust erworben und am 10. Juli 2025 auf ein Gemeinschaftskonto 眉bertragen; die Galkins erwarben anschlie脽end weitere 1.277.781 Aktien mit eigenem Investitionskapital. Die Einreichung nennt aggregierte Zahlungsstr枚me von rund $69,661,194 zur Anschaffung von 3.661.274 Aktien und $2,387,051, die aus dem Verkauf von 161,274 Aktien erzielt wurden, wodurch ein Nettobestand von 3.500.000 Aktien verbleibt. Die gemeinsamen Inhaber geben an, gemeinsames Stimm- und Verf眉gungsrecht 眉ber diese Aktien zu haben und erkl盲ren, dass die Positionen auf dem Gemeinschaftskonto weder in Margin gehalten noch verpf盲ndet sind.
Anlagen: Schedule A und Joint Filing Agreement.
- Reported ownership of 3,500,000 shares representing approximately 18.0% of NEGG outstanding shares.
- Joint-account positions are not pledged and are not held in a margin account, per the filing.
- Initial acquisitions involved margin account borrowings by the Galkin Revocable Trust and the filing states it is not possible to determine the amounts of margin originally used.
- Sale of 161,274 shares for $2,387,051 reduced gross purchases to a net holding of 3,500,000 shares.
Insights
TL;DR: Galkins report a material 18.0% stake (3.5M shares) in NEGG after transfers and open-market purchases.
The filing documents a substantial, concentrated stake: 3,500,000 shares representing ~18.0% of NEGG on a reported 19,478,394-share base. Aggregate cash outlay and proceeds are disclosed, showing gross purchases of 3,661,274 shares for approximately $69.66M and proceeds of $2.39M from sales of 161,274 shares. The joint-account positions are stated as not pledged and not held in margin, which reduces near-term financing risk. Absence of stated intentions or plans in the amendment leaves market implications ambiguous; the position is material but not accompanied by disclosed strategic or operational demands.
TL;DR: A joint 18% stake with shared voting/dispositive power creates meaningful governance leverage for the Galkins.
The Schedule 13D/A is jointly filed by spouses with shared voting and dispositive authority over 3.5M shares, which is large enough to be influential in shareholder votes or in prompting engagement with management or the board. The filing includes the transfer of trust-held shares into a joint account and subsequent open-market purchases funded by the reporting persons. Exhibits listed (Schedule A and a Joint Filing Agreement) formalize the reporting structure. The amendment does not disclose specific governance intentions or planned actions, but the ownership scale is materially significant for investor oversight and board-related outcomes.
Emendamento n. 10 al Schedule 13D presentato il 08/07/2025 segnala che Vladimir Galkin e Angelica Galkin detengono congiuntamente la titolarit脿 beneficiaria di 3,500,000 azioni di Newegg Commerce, Inc. (azioni ordinarie), rappresentanti circa 18,0% delle azioni in circolazione sulla base di 19,478,394 azioni in circolazione al 31/12/2024.
Secondo il deposito, 2,222,222 azioni erano state originariamente acquisite dal Galkin Revocable Trust e trasferite su un conto congiunto il 10 luglio 2025; i Galkin hanno poi acquistato ulteriori 1,277,781 azioni con il loro capitale d'investimento. Il deposito dichiara flussi di cassa aggregati di circa $69,661,194 versati per acquisire 3,661,274 azioni e $2,387,051 ricevuti dalla vendita di 161,274 azioni, risultando in una partecipazione netta di 3,500,000 azioni. I titolari congiunti riferiscono di avere il potere di voto e di disposizione condiviso su queste azioni e dichiarano che le posizioni sul conto congiunto non sono detenute in marginazione n茅 sono state date in pegno.
Allegati: Schedule A e Joint Filing Agreement.
Enmienda n.潞 10 al Schedule 13D presentada el 08/07/2025 informa que Vladimir Galkin y Angelica Galkin poseen conjuntamente 3,500,000 acciones de Newegg Commerce, Inc. (acciones ordinarias), que representan aproximadamente 18.0% del total en circulaci贸n, basado en 19,478,394 acciones en circulaci贸n al 31/12/2024.
Seg煤n el informe, 2,222,222 acciones fueron originalmente adquiridas por el Galkin Revocable Trust y transferidas a una cuenta conjunta el 10 de julio de 2025; los Galkin adquirieron luego 1,277,781 acciones adicionales con su capital de inversi贸n. El informe revela flujos de efectivo agregados de aproximadamente $69,661,194 pagados para adquirir 3,661,274 acciones y $2,387,051 recibidos por la venta de 161,274 acciones, resultando en una tenencia neta de 3,500,000 acciones. Los titulares conjuntos informan tener poder compartido de voto y de disposici贸n sobre estas acciones y declaran que las posiciones de la cuenta conjunta no est谩n en margen ni pignoradas.
Anexos: Schedule A y Joint Filing Agreement.
Schedule 13D 靾橃爼靹� 鞝�10順� (鞝滌稖鞚� 2025-08-07)鞐� 霐半ゴ氅� Vladimir Galkin瓿� Angelica Galkin鞚� Newegg Commerce, Inc.鞚� 氤错喌欤� 3,500,000欤茧ゼ 瓿惦彊鞙茧 鞁れ鞝侅溂搿� 靻岇湢頃橁碃 鞛堨溂氅�, 鞚措姅 2024-12-31 旮办 氚滍枆欤检嫕靾� 19,478,394欤茧ゼ 旮办鞙茧 雽�霝� 18.0%鞐� 頃措嫻頃╇媹雼�.
鞁犼碃靹滌棎 霐半ゴ氅� 2,222,222欤茧姅 鞗愲灅 Galkin Revocable Trust臧� 旆摑頃橃棳 2025雲� 7鞗� 10鞚� 瓿惦彊 瓿勳搿� 鞚挫爠霅橃棃瓿�, 攴� 頉� Galkin 攵�攵�電� 韴瀽鞛愱笀鞙茧 於旉皜搿� 1,277,781欤茧ゼ 毵れ垬頄堨姷雼堧嫟. 鞁犼碃靹滊姅 齑� 鞎� $69,661,194鞚� 順勱笀鞚� 3,661,274欤� 旆摑鞐� 歆�於滊悩鞐堦碃, 161,274欤� 毵り皝鞙茧 $2,387,051臧� 靾橂牴霅橃柎 瓴瓣臣鞝侅溂搿� 靾滊炒鞙犾＜鞁濎澊 3,500,000欤缄皜 霅橃棃鞚岇潉 瓿店皽頃橁碃 鞛堨姷雼堧嫟. 瓿惦彊 氤挫湢鞛愲姅 鞚措煬頃� 欤检嫕鞐� 雽�頃� 瓿惦彊 鞚橁舶甓� 氚� 觳橂秳甓�鞚� 氤挫湢頃橂┌, 瓿惦彊 瓿勳鞚� 韽靺橃潃 毵堨鞙茧 鞙犾霅橁卑雮� 雼措炒搿� 鞝滉车霅橃 鞎婌晿雼り碃 氇呾嫓頃╇媹雼�.
觳秬靹滊: Schedule A 氚� Joint Filing Agreement.
Avenant n掳10 au Schedule 13D d茅pos茅 le 08/07/2025 indique que Vladimir Galkin et Angelica Galkin d茅tiennent conjointement 3,500,000 actions de Newegg Commerce, Inc. (actions ordinaires), repr茅sentant environ 18,0% des actions en circulation sur la base de 19,478,394 actions en circulation au 31/12/2024.
Selon le d茅p么t, 2,222,222 actions ont 茅t茅 initialement acquises par le Galkin Revocable Trust et transf茅r茅es sur un compte joint le 10 juillet 2025 ; les Galkin ont ensuite achet茅 1,277,781 actions suppl茅mentaires avec leurs fonds d'investissement. Le d茅p么t divulgue des flux de tr茅sorerie agr茅g茅s d'environ $69,661,194 pay茅s pour acqu茅rir 3,661,274 actions et $2,387,051 re莽us de la vente de 161,274 actions, aboutissant 脿 une d茅tention nette de 3,500,000 actions. Les d茅tenteurs conjoints d茅clarent avoir le pouvoir conjoint de vote et de disposition sur ces actions et indiquent que les positions du compte joint ne sont ni d茅tenues sur marge ni nanties.
Pi猫ces jointes : Schedule A et Joint Filing Agreement.
脛nderung Nr. 10 zu Schedule 13D, eingereicht am 07.08.2025, berichtet, dass Vladimir Galkin und Angelica Galkin gemeinsam wirtschaftlich berechtigt sind an 3.500.000 Aktien von Newegg Commerce, Inc. (Stammaktien), was etwa 18,0% der ausstehenden Aktien entspricht, basierend auf 19.478.394 ausstehenden Aktien per 31.12.2024.
Der Einreichung zufolge wurden 2.222.222 Aktien urspr眉nglich vom Galkin Revocable Trust erworben und am 10. Juli 2025 auf ein Gemeinschaftskonto 眉bertragen; die Galkins erwarben anschlie脽end weitere 1.277.781 Aktien mit eigenem Investitionskapital. Die Einreichung nennt aggregierte Zahlungsstr枚me von rund $69,661,194 zur Anschaffung von 3.661.274 Aktien und $2,387,051, die aus dem Verkauf von 161,274 Aktien erzielt wurden, wodurch ein Nettobestand von 3.500.000 Aktien verbleibt. Die gemeinsamen Inhaber geben an, gemeinsames Stimm- und Verf眉gungsrecht 眉ber diese Aktien zu haben und erkl盲ren, dass die Positionen auf dem Gemeinschaftskonto weder in Margin gehalten noch verpf盲ndet sind.
Anlagen: Schedule A und Joint Filing Agreement.
FAQ
How many NEGG shares do Vladimir and Angelica Galkin report owning?
When was Amendment No. 10 to the Schedule 13D filed?
What source of funds and transaction history does the filing disclose?
How much was paid to acquire the reported shares and were there any sales?
Are any exhibits filed with this amendment?
