[SCHEDULE 13D/A] Newegg Commerce, Inc. SEC Filing
Amendment No. 12 to Schedule 13D reports that Vladimir and Angelica Galkin now jointly beneficially own 3,520,000 common shares of Newegg Commerce, Inc. (NEGG), equal to approximately 17.2% of the outstanding stock based on 20,478,394 shares outstanding as of August 19, 2025. The Galkins acquired shares through transfers from the Galkin Revocable Trust and open-market purchases, with aggregate cash paid of approximately $71,698,757 for 3,681,274 shares and proceeds of $2,387,051 from sales of 161,274 shares, resulting in the net 3,520,000-share position. Reporting persons state the joint account is not margined or pledged and no other person has rights to dividends or sale proceeds.
Emendamento n. 12 al Modulo 13D segnala che Vladimir e Angelica Galkin detengono ora congiuntamente la propriet脿 beneficiaria di 3.520.000 azioni ordinarie di Newegg Commerce, Inc. (NEGG), pari a circa 17,2% del capitale in circolazione, calcolato su 20.478.394 azioni in circolazione al 19 agosto 2025. I Galkin hanno acquisito le azioni tramite trasferimenti dal Galkin Revocable Trust e acquisti sul mercato aperto, con un esborso complessivo di circa $71.698.757 per 3.681.274 azioni e ricavi di $2.387.051 derivanti dalla vendita di 161.274 azioni, determinando la posizione netta di 3.520.000 azioni. I soggetti che presentano la segnalazione dichiarano che il conto congiunto non 猫 garantito n茅 impegnato in pegno e che nessun altro soggetto ha diritti sui dividendi o sui proventi delle vendite.
Enmienda n.潞 12 al Anexo 13D informa que Vladimir y Angelica Galkin ostentan ahora la propiedad beneficiaria conjunta de 3.520.000 acciones ordinarias de Newegg Commerce, Inc. (NEGG), equivalentes a aproximadamente el 17,2% del capital en circulaci贸n, calculado sobre 20.478.394 acciones en circulaci贸n al 19 de agosto de 2025. Los Galkin adquirieron las acciones mediante transferencias desde el Galkin Revocable Trust y compras en el mercado abierto, con un desembolso agregado de aproximadamente $71.698.757 por 3.681.274 acciones y unos ingresos de $2.387.051 por la venta de 161.274 acciones, resultando en la posici贸n neta de 3.520.000 acciones. Las personas informantes declaran que la cuenta conjunta no est谩 apalancada ni pignorata y que ninguna otra persona tiene derechos sobre los dividendos o los ingresos por ventas.
Schedule 13D 靾橃爼靹� 鞝�12順�電� 敫旊澕霐旊毳挫檧 鞎堨牑毽勾 臧堩偍鞚� 順勳灛 Newegg Commerce, Inc.(NEGG)鞚� 氤错喌欤� 3,520,000欤茧ゼ 瓿惦彊鞙茧 鞁れ鞝侅溂搿� 氤挫湢頃橁碃 鞛堧嫟瓿� 氤搓碃頃╇媹雼�. 鞚措姅 2025雲� 8鞗� 19鞚� 旮办 氚滍枆欤检嫕靾� 20,478,394欤茧ゼ 旮办鞙茧 雽�霝� 17.2%鞐� 頃措嫻頃╇媹雼�. 臧堩偍 攵�攵�電� Galkin Revocable Trust搿滊秬韯办潣 鞚挫爠瓿� 鞛ル偞 毵れ垬毳� 韱淀暣 欤检嫕鞚� 旆摑頄堨溂氅�, 齑濎暋 鞎� $71,698,757毳� 歆�旮夗晿瓿� 3,681,274欤茧ゼ 旆摑頄堨溂氅�, 161,274欤� 毵る弰搿� $2,387,051鞚� 雽�旮堨潉 須岇垬頃橃棳 靾滊炒鞙犾＜鞁濎潃 3,520,000欤缄皜 霅橃棃鞀惦媹雼�. 氤搓碃鞛愲摛鞚� 瓿惦彊 瓿勳臧� 雼措炒雮� 歆堦秾 靹れ爼鞚� 霅橃柎 鞛堨 鞎婌溂氅� 雼るジ 鞏措枻 靷瀸霃� 氚半嫻旮堨澊雮� 毵り皝雽�旮堨棎 雽�頃� 甓岆Μ毳� 臧栮碃 鞛堨 鞎婋嫟瓿� 氇呾嫓頄堨姷雼堧嫟.
Amendement n掳12 脿 l'Annexe 13D indique que Vladimir et Angelica Galkin d茅tiennent d茅sormais conjointement la propri茅t茅 b茅n茅ficiaire de 3 520 000 actions ordinaires de Newegg Commerce, Inc. (NEGG), soit environ 17,2 % du capital en circulation, sur la base de 20 478 394 actions en circulation au 19 ao没t 2025. Les Galkin ont acquis des actions par des transferts depuis le Galkin Revocable Trust et des achats sur le march茅 libre, avec un montant total pay茅 en num茅raire d'environ $71 698 757 pour 3 681 274 actions et des produits de $2 387 051 provenant de la vente de 161 274 actions, r茅sultant en une position nette de 3 520 000 actions. Les personnes d茅clarantes indiquent que le compte conjoint n'est ni port茅 en garantie ni nantit, et qu'aucune autre personne ne d茅tient de droits sur les dividendes ou les produits de cession.
Nachtrag Nr. 12 zu Schedule 13D meldet, dass Vladimir und Angelica Galkin nun gemeinsam wirtschaftlich 3.520.000 Stammaktien von Newegg Commerce, Inc. (NEGG) besitzen, was etwa 17,2% des ausstehenden Kapitals entspricht, basierend auf 20.478.394 ausstehenden Aktien zum 19. August 2025. Die Galkins erwarben Aktien durch 脺bertragungen aus dem Galkin Revocable Trust und K盲ufe am offenen Markt, mit einer insgesamt gezahlten Summe von etwa $71.698.757 f眉r 3.681.274 Aktien und Erl枚sen von $2.387.051 aus dem Verkauf von 161.274 Aktien, was zu der Nettoposition von 3.520.000 Aktien f眉hrt. Die meldenden Personen geben an, dass das Gemeinschaftskonto weder beliehen noch verpf盲ndet ist und dass keine andere Person Rechte an Dividenden oder Verkaufserl枚sen hat.
- None.
- None.
Insights
TL;DR: A >15% insider stake signals a significant shareholder position that could influence corporate outcomes.
The Galkins' disclosed 17.2% stake is material and large enough to affect governance and strategic outcomes for Newegg. The filing shows a mix of a transfer from a family trust and substantial open-market purchases, with total gross cash flow into the position of approximately $71.7 million and partial monetization of $2.39 million from sales. The joint non鈥憁argin, non鈥憄ledged status reduces counterparty liquidation risk. For investors, the key implications are potential increased engagement or voting power by the Galkins and the possibility of future disclosure if their position or intentions change.
TL;DR: The reporting indicates a coordinated, significant ownership stake with shared voting and dispositive power.
The joint filing by spouses holding shared voting and dispositive power over 3,520,000 shares establishes them as a significant owner under proxy and disclosure rules. The schedule states no other parties hold rights to dividends or sale proceeds, simplifying the ownership chain. The absence of contractual arrangements or pledges in the filing means the stake is straightforward from a governance perspective, but the size warrants monitoring for potential director nominations, proposals, or activist engagement.
Emendamento n. 12 al Modulo 13D segnala che Vladimir e Angelica Galkin detengono ora congiuntamente la propriet脿 beneficiaria di 3.520.000 azioni ordinarie di Newegg Commerce, Inc. (NEGG), pari a circa 17,2% del capitale in circolazione, calcolato su 20.478.394 azioni in circolazione al 19 agosto 2025. I Galkin hanno acquisito le azioni tramite trasferimenti dal Galkin Revocable Trust e acquisti sul mercato aperto, con un esborso complessivo di circa $71.698.757 per 3.681.274 azioni e ricavi di $2.387.051 derivanti dalla vendita di 161.274 azioni, determinando la posizione netta di 3.520.000 azioni. I soggetti che presentano la segnalazione dichiarano che il conto congiunto non 猫 garantito n茅 impegnato in pegno e che nessun altro soggetto ha diritti sui dividendi o sui proventi delle vendite.
Enmienda n.潞 12 al Anexo 13D informa que Vladimir y Angelica Galkin ostentan ahora la propiedad beneficiaria conjunta de 3.520.000 acciones ordinarias de Newegg Commerce, Inc. (NEGG), equivalentes a aproximadamente el 17,2% del capital en circulaci贸n, calculado sobre 20.478.394 acciones en circulaci贸n al 19 de agosto de 2025. Los Galkin adquirieron las acciones mediante transferencias desde el Galkin Revocable Trust y compras en el mercado abierto, con un desembolso agregado de aproximadamente $71.698.757 por 3.681.274 acciones y unos ingresos de $2.387.051 por la venta de 161.274 acciones, resultando en la posici贸n neta de 3.520.000 acciones. Las personas informantes declaran que la cuenta conjunta no est谩 apalancada ni pignorata y que ninguna otra persona tiene derechos sobre los dividendos o los ingresos por ventas.
Schedule 13D 靾橃爼靹� 鞝�12順�電� 敫旊澕霐旊毳挫檧 鞎堨牑毽勾 臧堩偍鞚� 順勳灛 Newegg Commerce, Inc.(NEGG)鞚� 氤错喌欤� 3,520,000欤茧ゼ 瓿惦彊鞙茧 鞁れ鞝侅溂搿� 氤挫湢頃橁碃 鞛堧嫟瓿� 氤搓碃頃╇媹雼�. 鞚措姅 2025雲� 8鞗� 19鞚� 旮办 氚滍枆欤检嫕靾� 20,478,394欤茧ゼ 旮办鞙茧 雽�霝� 17.2%鞐� 頃措嫻頃╇媹雼�. 臧堩偍 攵�攵�電� Galkin Revocable Trust搿滊秬韯办潣 鞚挫爠瓿� 鞛ル偞 毵れ垬毳� 韱淀暣 欤检嫕鞚� 旆摑頄堨溂氅�, 齑濎暋 鞎� $71,698,757毳� 歆�旮夗晿瓿� 3,681,274欤茧ゼ 旆摑頄堨溂氅�, 161,274欤� 毵る弰搿� $2,387,051鞚� 雽�旮堨潉 須岇垬頃橃棳 靾滊炒鞙犾＜鞁濎潃 3,520,000欤缄皜 霅橃棃鞀惦媹雼�. 氤搓碃鞛愲摛鞚� 瓿惦彊 瓿勳臧� 雼措炒雮� 歆堦秾 靹れ爼鞚� 霅橃柎 鞛堨 鞎婌溂氅� 雼るジ 鞏措枻 靷瀸霃� 氚半嫻旮堨澊雮� 毵り皝雽�旮堨棎 雽�頃� 甓岆Μ毳� 臧栮碃 鞛堨 鞎婋嫟瓿� 氇呾嫓頄堨姷雼堧嫟.
Amendement n掳12 脿 l'Annexe 13D indique que Vladimir et Angelica Galkin d茅tiennent d茅sormais conjointement la propri茅t茅 b茅n茅ficiaire de 3 520 000 actions ordinaires de Newegg Commerce, Inc. (NEGG), soit environ 17,2 % du capital en circulation, sur la base de 20 478 394 actions en circulation au 19 ao没t 2025. Les Galkin ont acquis des actions par des transferts depuis le Galkin Revocable Trust et des achats sur le march茅 libre, avec un montant total pay茅 en num茅raire d'environ $71 698 757 pour 3 681 274 actions et des produits de $2 387 051 provenant de la vente de 161 274 actions, r茅sultant en une position nette de 3 520 000 actions. Les personnes d茅clarantes indiquent que le compte conjoint n'est ni port茅 en garantie ni nantit, et qu'aucune autre personne ne d茅tient de droits sur les dividendes ou les produits de cession.
Nachtrag Nr. 12 zu Schedule 13D meldet, dass Vladimir und Angelica Galkin nun gemeinsam wirtschaftlich 3.520.000 Stammaktien von Newegg Commerce, Inc. (NEGG) besitzen, was etwa 17,2% des ausstehenden Kapitals entspricht, basierend auf 20.478.394 ausstehenden Aktien zum 19. August 2025. Die Galkins erwarben Aktien durch 脺bertragungen aus dem Galkin Revocable Trust und K盲ufe am offenen Markt, mit einer insgesamt gezahlten Summe von etwa $71.698.757 f眉r 3.681.274 Aktien und Erl枚sen von $2.387.051 aus dem Verkauf von 161.274 Aktien, was zu der Nettoposition von 3.520.000 Aktien f眉hrt. Die meldenden Personen geben an, dass das Gemeinschaftskonto weder beliehen noch verpf盲ndet ist und dass keine andere Person Rechte an Dividenden oder Verkaufserl枚sen hat.
FAQ
How many NEGG shares do Vladimir and Angelica Galkin beneficially own?
What cash amounts were involved in the Galkins' transactions reported in the Schedule 13D/A?
Are the Galkins' NEGG holdings pledged or held in a margin account?
What percentage of Newegg outstanding shares does the reported ownership represent and what reference was used?
Did the filing disclose any third-party rights to dividends or sale proceeds of the shares?
