SCHEDULE 13G: Galkin Family Discloses 5.2% Passive Stake in Newegg Commerce, Inc.

Vladimir Galkin, Angelica Galkin, and the Angelica Galkin Revocable Trust have jointly disclosed a passive 5.2% beneficial ownership stake in Newegg Commerce, Inc., totaling 1,009,400 common shares.

Summary

• Vladimir Galkin, Angelica Galkin, and the Angelica Galkin Revocable Trust have filed a Schedule 13G with the SEC.
• The filing indicates beneficial ownership of 1,009,400 common shares of Newegg Commerce, Inc. (NEGG).
• This ownership represents 5.2% of the company's outstanding common stock.
• The shares are held by the Angelica Revocable Trust, dated April 21, 2018, with Angelica Galkin serving as the sole trustee and beneficiary.
• Both Vladimir Galkin and Angelica Galkin possess shared voting power and shared dispositive power over these 1,009,400 shares.
• The filing confirms that the securities were not acquired and are not held for the purpose of changing or influencing the control of Newegg Commerce, Inc., indicating a passive investment intent.
• The percentage of class is calculated based on 19,478,394 shares of Newegg's common stock outstanding as of December 31, 2024, as reported in the Issuer's Annual Report on Form 20-F filed on April 28, 2025.

Sentiment

Score: 5

Explanation: Neutral, as this is a factual disclosure of a passive ownership stake, not a performance or strategic announcement.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Informs other shareholders and the market about a significant passive ownership stake (over 5%) by the Galkin family and their trust, potentially signaling investor confidence or interest in the company.

Key Dates

Keywords

Newegg Commerce Inc., NEGG, Schedule 13G, Beneficial Ownership, Passive Investment, Common Shares, Institutional Ownership, SEC Filing, Vladimir Galkin, Angelica Galkin, Angelica Galkin Revocable Trust