ADDED
As of June 30, 2025, the last business day of the registrant s most recently completed second fiscal quarter, the aggregate market value of the registrant s ordinary shares held by non-affiliates of the registrant was approximately $ 513.0 million, based on the closing price of the registrant s Class A ordinary shares on the Nasdaq Global Market on June 30, 2025 of $19.78 per share.
The number of outstanding shares of the registrant s ordinary shares as of February 24, 2026 was 36,618,091 , consisting of 29,341,359 Class A ordinary shares, par value $0.05 per share, issued and outstanding (which had excluded an aggregate of 135,779 Class A ordinary shares issued and reserved for future allocation upon exercise or vesting of awards granted under our share incentive plans; and 297,944 Class A ordinary shares issued and repurchased but not yet cancelled) and 7,276,732 Class B ordinary shares, par value $0.05 per share, issued and outstanding.
dollars : the legal currency of the United States, or the U.S.; we, us, our company, the Company, our, our group or GigaCloud Group : GigaCloud Technology Inc, our Cayman Islands holding company, its predecessor entity, together as a group with its subsidiaries.
Important risks and factors that could cause our actual results to be materially different from our expectations are generally set forth in Summary of Risk Factors, Item 1A.
We may not realize the expected benefits of our acquisitions due to potential risk and uncertainties.
We operate our GigaCloud Marketplace through our Hong Kong Subsidiary.
If the PRC government were to extend its oversight into companies in Hong Kong, our Hong Kong Subsidiary may be subject to additional regulations which could have a material effect on our business operations.
under the Holding Foreign Companies Accountable Act, or the HFCAA, in the future if the Public Company Accounting Oversight Board, or the PCAOB, is unable to inspect or investigate auditors located in China completely.
Our global marketplace seamlessly connects manufacturers, primarily in Asia, with resellers, primarily in the U.S., Europe and Japan, to execute cross-border transactions with confidence, speed and efficiency.
GigaCloud Marketplace is one of the fastest growing large parcel B2B marketplaces with over $1,576.8 million, $1,341.4 million and $794.4 million of GMV transacted in our marketplace in 2025, 2024 and 2023, respectively.
REMOVED
As of June 30, 2024, the last business day of the registrant s most recently completed second fiscal quarter, the aggregate market value of the registrant s ordinary shares held by non-affiliates of the registrant was approximately $ 829.4 million, based on the closing price of the registrant s Class A ordinary shares on the Nasdaq Global Market on June 30, 2024 of $30.42 per share.
The number of outstanding shares of the registrant s ordinary shares as of February 28, 2025 was 40,066,364 , consisting of 31,989,632 Class A ordinary shares, par value $0.05 per share, issued and outstanding (which had excluded an aggregate of 43,265 Class A ordinary shares issued and reserved for future allocation upon exercise or vesting of awards granted under our share incentive plans; and 848,622 Class A ordinary shares issued and repurchased but not yet cancelled) and 8,076,732 Class B ordinary shares, par value $0.05 per share, issued and outstanding.
and elsewhere generally; general business, political, social and economic conditions in the U.S.
These forward-looking statements involve various risks and uncertainties.
We may not realize the expected benefits of our acquisitions of Noble House and Wondersign due to potential risk and uncertainties.
The COVID-19 pandemic, and any future outbreaks or other public health emergencies, could materially affect our business, liquidity, financial condition and operating results.
Risks Related to Doing Business in China We could be adversely affected by political tensions between the U.S.
Changes in the political and economic policies of the PRC government may materially and adversely affect our business, financial conditions and results of operations and may result in our inability to sustain our growth and expansion strategies.
Implementation of the Law of the PRC on Safeguarding National Security in Hong Kong involves uncertainty, and the recent policy pronouncements by the PRC government regarding business activities of U.S.-listed PRC businesses may negatively impact GigaCloud Group s existing and future operations in Hong Kong.
Recent litigation and negative publicity surrounding companies listed in the U.S.