-

Newegg Regains Compliance with Nasdaq Minimum Bid Price Requirement

DIAMOND BAR, Calif.--(BUSINESS WIRE)--Newegg Commerce, Inc. (NASDAQ: NEGG) (the “Company” or “Newegg”) today announced that it has received a notification letter (the “Notification Letter”) from the Listing Qualifications Department of The Nasdaq Capital Market notifying the Company that it had regained compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2) (the “Nasdaq Minimum Bid Price Requirement”).

The Notification Letter confirmed that the Company evidenced a closing bid price at or greater than the $1.00 per ordinary share minimum requirement for the last 10 consecutive business days from April 7, 2025 to April 21, 2025 and that the Company has regained compliance with the Nasdaq Minimum Bid Price Requirement. As a result, the listing matter has been closed.

About Newegg

Newegg Commerce, Inc., founded in 2001 and based in the City of Industry, California, is a leading global online retailer for PC hardware, consumer electronics, gaming peripherals, home appliances, automotive and lifestyle technology. Newegg also serves businesses’ e-commerce needs with marketing, supply chain, and technical solutions in a single platform. For more information, please visit Newegg.com.

Follow Newegg on X, TikTok, Instagram, Facebook, YouTube, Twitch, Threads and Discord.

Contacts

Newegg Commerce, Inc.:
Investor Relations
ir@newegg.com

Industry:

Newegg Commerce Inc.

NASDAQ:NEGG
Release Versions
English

Contacts

Newegg Commerce, Inc.:
Investor Relations
ir@newegg.com

More News From Newegg Commerce Inc.

Newegg Confirms Effective Date of Share Combination

DIAMOND BAR, Calif.--(BUSINESS WIRE)--Newegg Commerce, Inc. (NASDAQ: NEGG) (the “Company”), a global leader in e-commerce for technology products, today announced that the twenty-to-one share combination (commonly referred to as a reverse stock split) of its common shares will become effective on April 7, 2025 upon the filing of the Amended and Restated Memorandum and Articles of Association with the Registry of Corporate Affairs in the British Virgin Islands, which will result in a proportiona...

 Newegg Kicks Off Biggest Sale of the Quarter

DIAMOND BAR, Calif.--(BUSINESS WIRE)--Newegg Commerce, Inc. (NASDAQ: NEGG), a global leader in e-commerce for technology products, today launched its biggest promotion of the quarter: the Super Spring Sale. Starting now, customers can enjoy massive savings on hundreds of deals across gaming desktops, laptops, storage, surveillance, software, home appliances, and more. Shop the sale here. “We’re kicking off the season with our biggest savings of 2025 so far,” said Katie Lau, Director of Corporat...

Newegg Announces Upcoming Share Combination

DIAMOND BAR, Calif.--(BUSINESS WIRE)--Newegg Commerce, Inc. (NASDAQ: NEGG) (the “Company”), a global leader in e-commerce for technology products, today announced that its board of directors approved a twenty-to-one share combination (commonly referred to as a reverse stock split) of its common shares. The share combination was also approved by the controlling shareholders of the Company by written consent. The Company expects the share combination to become effective on or around April 7, 2025...
Back to Newsroom