SCHEDULE 13G/A: Galkin Family Discloses 9.98% Passive Stake in Newegg Commerce, Inc.

Vladimir Galkin, Angelica Galkin, and the Angelica Galkin Revocable Trust have jointly disclosed a passive beneficial ownership of 9.98% in Newegg Commerce, Inc., totaling 1,944,444 common shares.

Summary

• Vladimir Galkin, Angelica Galkin, and the Angelica Galkin Revocable Trust collectively hold beneficial ownership of 1,944,444 common shares of Newegg Commerce, Inc.
• This aggregate amount represents 9.98% of the total class of common shares outstanding.
• The shares are held by the Angelica Revocable Trust, dated April 21, 2018, with Angelica Galkin serving as the sole trustee and beneficiary.
• Vladimir Galkin and Angelica Galkin, as husband and wife, share both voting and dispositive power over these 1,944,444 shares.
• The percentage of class is calculated based on 19,478,394 common shares outstanding as of December 31, 2024, as reported in Newegg Commerce, Inc.'s Annual Report on Form 20-F filed on April 28, 2025.
• The filing certifies that the securities were not acquired and are not held for the purpose or effect of changing or influencing the control of Newegg Commerce, Inc., other than activities solely in connection with a nomination under Rule 14a-11.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership, providing neutral information without explicit positive or negative implications for the company's performance or outlook.

Future Outlook

NA

Industry Context

This filing is a standard disclosure of a significant passive ownership stake by individuals and a trust in an e-commerce company. It does not provide broader industry trends or competitive analysis.

Related Party Transactions

• Vladimir Galkin and Angelica Galkin are husband and wife, and Angelica Galkin is the sole trustee and beneficiary of the Angelica Galkin Revocable Trust, which holds the reported shares. This establishes a related party relationship among the reporting persons regarding the beneficial ownership.

Stakeholder Impact

• Shareholders: The disclosure of a significant 9.98% passive stake by the Galkin family provides transparency regarding the ownership structure of Newegg Commerce, Inc. This indicates a notable, non-controlling investment by a family trust.

Key Dates

Keywords

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