Financial News

Newegg to Activate Eighth Annual FantasTech Sales Event with Deep Savings Starting July 5

Customers can get excited early with FantasTech Pre-Sale offers

FantasTech official sale begins July 11

Newegg Commerce, Inc. (NASDAQ: NEGG), a leading global technology e-commerce retailer, today announced that its eighth annual FantasTech sales event will take place this July, with the Pre-Sale beginning on July 5 and the official Sale running from July 11-15. The annual event features Black Friday-type offers focusing on PC components, computer systems, entertainment and other tech-related products.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220623005030/en/

Newegg's FantasTech Sale is back in 2022 with low prices on tech products in July. (Graphic: Business Wire)

Newegg's FantasTech Sale is back in 2022 with low prices on tech products in July. (Graphic: Business Wire)

All FantasTech Pre-Sale products will remain on sale until the end of the official FantasTech Sale.

Returning from last year’s FantasTech Sale, the FantasTech Price Protection locks in the lowest prices for certain eligible products listed with the price protection promotion during the FantasTech Pre-Sale. If during the official FantasTech Sale a price on a price protection promoted product drops lower than the price at which a customer purchased it during the FantasTech Pre-Sale, then the customer will receive an automatic discount equal to the price difference.

“We worked really hard with our sellers and vendor partners to secure incredible FantasTech deals for our customers. We’re looking forward to seeing the continued success of our annual FantasTech Sale, which we expand each year,” said Benny Tam, Vice President of Category Marketing and Merchandising for Newegg. “Customers can expect daily surprises during the Pre-Sale lead-up, and when the official FantasTech Sale begins on July 11, we expect even more engagement since the offerings are really special. In addition, we are bringing back FantasTech Price Protection for these deals to ensure our FantasTech Pre-Sale customers benefit from the main event.”

Newegg’s eighth annual FantasTech Pre-Sale and Sale promotions are offered in the United States on Newegg.com and in Canada on Newegg.ca.

About Newegg

Newegg Commerce, Inc. (NASDAQ: NEGG), founded in 2001 and based in the City of Industry, Calif., near Los Angeles, is a leading global online retailer for PC hardware, consumer electronics, gaming peripherals, home appliances, automotive and lifestyle technology. Newegg serves businesses’ e-commerce needs with marketing, supply chain, and technical solutions in a single platform. For more information: Newegg.com.

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This news release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements give our current expectations, opinion, belief or forecasts of future events and performance. A statement identified by the use of forward-looking words including "will," "may," "expects," "projects," "anticipates," "plans," "believes," "estimate," "should," and certain of the other foregoing statements may be deemed forward-looking statements. Although Newegg believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this news release. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made as of the date hereof. The Company takes no obligation to update or correct its own forward-looking statements, except as required by law, or those prepared by third parties that are not paid for by the Company. The Company's SEC filings are available at http://www.sec.gov.

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