ATLANTA, GA (Globe Newswire – January 23, 2026) — Holzer & Holzer, LLC is investigating whether Newegg Commerce, Inc. (“Newegg” or the “Company”) (NASDAQ: NEGG) complied with federal securities laws. On January 20, 2026, Newegg disclosed it received a notice from the family of the Company’s chairman and largest stockholder, He Zhitao, informing Newegg that Mr. Zhitao “is being placed under investigation and has been detained.” Following this news, the price of the Company’s stock dropped.

If you purchased Newegg  stock and suffered a loss on that investment, you are encouraged to contact Corey Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com/case/newegg-commerce/ to discuss your legal rights.