MentionFox
Home › Stakes › Newegg Commerce, Inc.
5%+ stakes · Schedule 13D and 13G

Newegg Commerce, Inc.: 5%+ holders

Who has reported owning 5% or more of Newegg Commerce, Inc., from Schedule 13D and 13G filings: each holder's stake as filed, the timeline, and the purpose each 13D states, quoted.

At 5% or more4
Filings37
Latest filing2026-06-15

Newegg Commerce, Inc. has 37 Schedule 13D or 13G filings on record since 2025-07-01. 4 holders' latest filing reports 5% or more of common shares, us$0.43696 par value per share. Each figure below is the holder's own, as filed, with the filing linked.

Holders

HolderPercentSharesLatestEvent date
Hangzhou Lianluo Interactive Information Technology Co., Ltd.60.84%11,147,329SCHEDULE 13D/A, 2025-08-112025-08-07
Digital Grid (Hong Kong) Technology Co., Limited54.63%11,141,079SCHEDULE 13D/A, 2026-06-152026-06-11
Tekhill USA LLC22.4%3,434,433SCHEDULE 13D/A, 2026-03-312026-03-25
Galkin Vladimir21%4,392,812SCHEDULE 13D/A, 2026-02-092026-02-06

Purpose of Transaction (Item 4)

Hangzhou Lianluo Interactive Information Technology Co., Ltd.

Item 4 of the Initial Statement is hereby amended and supplemented as follows: The Reporting Persons acquired the Issuer's Common Stock reported herein as a result of the Merger. On May 12, 2021, Lianluo Smart Ltd ("LLIT") held a special shareholder meeting to, among other things, approve the Merger and amendment and restatement of its amended and restated memorandum and articles of association (the "Amended M&A"). The Amended M&A was filed with the Registrar of Corporate Affairs of the British Virgin Islands on May 14, 2021 and became effective on the same date. The Merger became effective as of May 19, 2021. As a result of the Merger, the Common Shares of the Issuer trade on the NASDAQ Capital Market under the stock symbol "NEGG". At the effective time of the Merger, each share of the capital stock of the Issuer that was issued and outstanding immediately prior to the effective time of the merger was converted into the right to receive 5.8417 common shares of LLIT (the "exchange ratio"), plus the right, if any, to receive cash in lieu of fractional shares of LLIT (the "merger consideration"). The exchange ratio was equal to the Issuer's per share value divided by LLIT's per share value. The Issuer's per share value was equal to $880,000,000 divided by the number of outstanding Issuer's shares on October 23, 2020. LLIT's per share value was equal to (i) the volume-weighted average trading price of LLIT's Class A common shares for the consecutive twenty (20) trading days …The first part of Item 4 of the SCHEDULE 13D/A filed 2025-08-11; the filing has the rest

Tekhill USA LLC

(a) On or about February 18, 2026, Tekhill USA LLC ("Tekhill") delivered a right of first refusal notice (the "ROFR Notice") pursuant to Section 1.03 of the Amended and Restated Shareholders Agreement, dated as of May 19, 2021, by and among Fred Faching Chang, the Issuer, and certain other shareholders of the Issuer, as amended (the "Shareholders Agreement"), to the Issuer and each of the Principal Shareholders (as defined in the Shareholders Agreement). The ROFR Notice related to proposed sales by Tekhill of up to 1,000,000 Common Shares, in open‑market transactions on the NASDAQ Stock Market. All applicable ROFR Exercise Periods (as defined in the Shareholders Agreement) expired on March 25, 2026. Accordingly, Tekhill may effect the sale of up to 1,000,000 Common Shares in open‑market transactions on the NASDAQ Stock Market within 60 days following March 25, 2026, subject to applicable Insider Trading Policies of the Issuer. The description of the ROFR Notice is qualified in its entirety by the actual terms of thereof. In addition, the Reporting Persons may determine, from time to time in the future, based on market and general economic conditions, the business affairs and financial conditions of the Issuer, the capital requirements of the Reporting Persons, the availability of securities at favorable prices and other alternative investment opportunities available to the Reporting Persons, and other factors that the Reporting Persons may deem relevant, to sell some …The first part of Item 4 of the SCHEDULE 13D/A filed 2026-03-31; the filing has the rest

Digital Grid (Hong Kong) Technology Co., Limited

Item 4 of the Schedule 13D is hereby amended and restated as follows: The Reporting Persons acquired the Issuer's Common Shares reported herein as a result of the Merger. On May 12, 2021, Lianluo Smart Ltd ("LLIT") held a special shareholder meeting to, among other things, approve the Merger and amendment and restatement of its amended and restated memorandum and articles of association (the "Amended M&A"). The Amended M&A was filed with the Registrar of Corporate Affairs of the British Virgin Islands on May 14, 2021 and became effective on the same date. The Merger became effective as of May 19, 2021. As a result of the Merger, the Common Shares of the Issuer trade on the NASDAQ Capital Market under the stock symbol "NEGG". At the effective time of the Merger, each share of the capital stock of the Issuer that was issued and outstanding immediately prior to the effective time of the merger was converted into the right to receive 5.8417 common shares of LLIT (the "exchange ratio"), plus the right, if any, to receive cash in lieu of fractional shares of LLIT (the "merger consideration"). The exchange ratio was equal to the Issuer's per share value divided by LLIT's per share value. The Issuer's per share value was equal to $880,000,000 divided by the number of outstanding Issuer's shares on October 23, 2020. LLIT's per share value was equal to (i) the volume-weighted average trading price of LLIT's Class A common shares for the consecutive twenty (20) trading days …The first part of Item 4 of the SCHEDULE 13D/A filed 2026-06-15; the filing has the rest

Timeline

FiledHolderPercentFiling
2025-07-01Galkin Vladimir10.8%SCHEDULE 13D
2025-07-10Galkin Vladimir11.4%SCHEDULE 13D/A
2025-07-14Galkin Vladimir11.4%SCHEDULE 13D/A
2025-07-15Galkin Vladimir12.5%SCHEDULE 13D/A
2025-07-16Galkin Vladimir13.1%SCHEDULE 13D/A
2025-07-17Galkin Vladimir14.3%SCHEDULE 13D/A
2025-07-21Galkin Vladimir16.4%SCHEDULE 13D/A
2025-07-29Galkin Vladimir17.1%SCHEDULE 13D/A
2025-08-04Galkin Vladimir17.4%SCHEDULE 13D/A
2025-08-06Galkin Vladimir17.7%SCHEDULE 13D/A
2025-08-08Galkin Vladimir18%SCHEDULE 13D/A
2025-08-11Hangzhou Lianluo Interactive Information Technology Co., Ltd.60.84%SCHEDULE 13D/A
2025-08-18Galkin Vladimir18%SCHEDULE 13D/A
2025-08-21Galkin Vladimir17.2%SCHEDULE 13D/A
2025-09-04Galkin Vladimir17.6%SCHEDULE 13D/A
2025-09-12Galkin Vladimir17.9%SCHEDULE 13D/A
2025-09-24Galkin Vladimir18.1%SCHEDULE 13D/A
2025-09-29Galkin Vladimir18.2%SCHEDULE 13D/A
2025-09-30Galkin Vladimir18.6%SCHEDULE 13D/A
2025-10-10Galkin Vladimir19%SCHEDULE 13D/A
2025-10-17Tekhill USA LLC22.9%SCHEDULE 13D/A
2025-10-23Galkin Vladimir19.1%SCHEDULE 13D/A
2025-11-07Galkin Vladimir19.3%SCHEDULE 13D/A
2025-11-13Galkin Vladimir19.6%SCHEDULE 13D/A
2025-11-20Galkin Vladimir19.8%SCHEDULE 13D/A
2025-12-08Galkin Vladimir19.9%SCHEDULE 13D/A
2025-12-08Galkin Vladimir20%SCHEDULE 13D/A
2025-12-18Galkin Vladimir20.1%SCHEDULE 13D/A
2025-12-19Galkin Vladimir20.2%SCHEDULE 13D/A
2025-12-30Galkin Vladimir20.3%SCHEDULE 13D/A
2026-01-07Galkin Vladimir20.5%SCHEDULE 13D/A
2026-01-07Galkin Vladimir20.5%SCHEDULE 13D/A
2026-01-14Galkin Vladimir20.5%SCHEDULE 13D/A
2026-01-22Galkin Vladimir20.8%SCHEDULE 13D/A
2026-02-09Galkin Vladimir21%SCHEDULE 13D/A
2026-03-31Tekhill USA LLC22.4%SCHEDULE 13D/A
2026-06-15Digital Grid (Hong Kong) Technology Co., Limited54.63%SCHEDULE 13D/A

Tools for this story

Each opens in a new tab, filled in for Newegg Commerce, Inc.. With no account yet, you sign up free and land on the result.

Where this comes from

Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.

Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.

Cite this page

Permanent URL: https://mentionfox.com/stakes/newegg-commerce
Last updated 2026-09-27
Primary record: SEC filing 1 · SEC filing 2 · SEC filing 3 · SEC filing 4
Newegg Commerce, Inc. 5%+ holders: 4 at 5% or more, largest Hangzhou Lianluo Interactive Information Technology Co., Ltd. 60.84%. MentionFox, 2026-09-27. https://mentionfox.com/stakes/newegg-commerce