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Newegg Closes $100 Million Senior Credit Facility Led by East West Bank

Business Wire

DIAMOND BAR, Calif., October 20, 2026--Newegg Commerce, Inc. (NASDAQ: NEGG), a leading global technology e-commerce retailer, is pleased to announce the successful closing of a $100 million senior credit facility led and arranged by East West Bank with participation from a syndicate of lenders. This facility replaces and expands the company's prior credit arrangements, which matured in August 2026.

"Closing this new facility is an important step for Newegg in further strengthening our financial position and provides us with greater flexibility to navigate ongoing supply dynamics while we continue to invest in growth. We appreciate the commitment and partnership from East West Bank and the rest of our lending group, and the confidence they have shown in Newegg," said Christina Ching, Chief Financial Officer of Newegg.

The transaction reflects the longstanding relationship between Newegg and East West Bank, as well as the continued confidence of East West Bank and a syndicate of participant lenders in Newegg's business model, operating performance, and future growth opportunities. "We are pleased to provide this important debt financing to Newegg, a longstanding client in the e-commerce space," said East West Bank. "This transaction reflects the strength of our relationship, our confidence in their business model, and our commitment to delivering tailored capital solutions to leading growth companies like Newegg. We look forward to supporting their next phase of expansion."

Newegg continues to advance its strategic priorities through investments in e-commerce innovation, AI-enabled capabilities, and strengthened partnerships with leading technology brands, suppliers, and customers worldwide. The financing further supports these initiatives and Newegg's commitment to delivering long-term value for customers, partners, and shareholders.

About Newegg

Newegg is the go-to destination for tech enthusiasts and businesses ready to power what's next. For more than two decades, we've served builders, gamers, and IT professionals with a wide selection of PC hardware, consumer electronics, gaming peripherals, and lifestyle technology. Today, that includes the servers, workstations, and AI infrastructure that businesses rely on, along with the marketing, supply chain, and technical solutions that independent sellers use to grow.

Newegg Commerce, Inc. (NASDAQ: NEGG) was founded in 2001 and is headquartered in Diamond Bar, California. For more information, please visit Newegg.com.

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