Newegg Commerce Inc NEGG:NASDAQ

Last Price$4.65NASDAQ Closing Price as of 4:00PM ET 5/17/22
NASDAQ 15-minute delayed Bid/Ask Quotes
Today's Change+0.07(1.53%)
Bid (Size)$4.50 (3)
Ask (Size)$4.70 (30)
Day Low / High$4.48 - 4.92
Volume570.7 K

Newegg Commerce Files for Up to $300 Million Mixed-Securities Shelf

3:27AM ET 11/16/2021 MT Newswires
Newegg Commerce (NEGG) late Monday filed with the US Securities and Exchange Commission for the shelf offering of common shares totaling up to $300 million.

The e-commerce company plans to use the proceeds to repay an outstanding loan from the Bank of China and for working capital, among other purposes, according to the registration statement.

Shares in the company fell nearly 11% Monday in after-hours activity.

Price: 17.11, Change: -2.10, Percent Change: -10.93