Notice of Proposed Sale · 144
GigaCloud Technology Inc
GCTNASDAQEQUITYCurrent
Notice of Proposed Sale
Structured filing — 144
primary_doc.xml
Notice of proposed sale. The proposed amounts below do not establish that a sale occurred.
Proposed-sale notice
- Issuer
- GigaCloud Technology Inc
- Issuer CIK
- 0001857816
- SEC file number
- 001-41454
- Phone
- 1-626-912-8886
- Person for whose account securities are to be sold
- JI XIANG HU TONG HOLDINGS LTD
- Relationships to issuer
- Director · Officer · 10% Shareholder
- Street
- 4388 Shirley Ave
- City
- El Monte
- State / country code
- CA
- Postal code
- 91731
Securities proposed for sale
| Security | Proposed units | Aggregate market value | Units outstanding | Approximate sale date | Exchange | Broker / market maker |
|---|---|---|---|---|---|---|
| Class A Ordinary Shares, par value $0.05 per share | 413,942 | 22,042,411.5 | 28,839,563 | 08/10/2026 | NASDAQ | UBS Securities LLC |
Broker / market maker — proposed row 1, entry 1
- Name
- UBS Securities LLC
- Street
- 11 Madison Avenue, 4F
- City
- New York
- State / country code
- NY
- Postal code
- 10010
Acquisition of securities to be sold
| Security | Acquired | Nature of acquisition | Acquired from | Amount acquired | Gift transaction | Payment date | Nature of payment |
|---|---|---|---|---|---|---|---|
| Class A Ordinary Shares, par value $0.05 per share | 07/01/2021 | Equity Compensation; Class B Ordinary Shares to be converted to Class A Ordinary Shares in connection with any sales | Issuer | 413,942 | N | 07/01/2021 | Compensation |
Sales reported in the preceding three months
| Seller | Security | Sale date | Amount sold | Gross proceeds |
|---|---|---|---|---|
| VPF contract for JI XIANG HU TONG HOLDINGS LTD | Class A Ordinary Shares, par value $0.05 per share | 06/02/2026 | 43,050 | 1,384,992 |
| VPF contract for JI XIANG HU TONG HOLDINGS LTD | Class A Ordinary Shares, par value $0.05 per share | 06/04/2026 | 243,008 | 7,313,872 |
Seller — prior-sale row 1, entry 1
- Name
- VPF contract for JI XIANG HU TONG HOLDINGS LTD
- Street
- 4388 Shirley Ave
- City
- El Monte
- State / country code
- CA
- Postal code
- 91731
Seller — prior-sale row 2, entry 1
- Name
- VPF contract for JI XIANG HU TONG HOLDINGS LTD
- Street
- 4388 Shirley Ave
- City
- El Monte
- State / country code
- CA
- Postal code
- 91731
Prior-sale reporting
- Nothing to report for the preceding three months
- N
Remarks
The shares to be sold are subject to a variable prepaid forward contract ("VPF Contract") with UBS AG, Stamford Branch. The VPF Contract provides for an up-front cash payment to Ji Xiang Hu Tong Holdings Limited based upon the then-current market price of the shares. Upon the expiration or early termination of the VPF Contract, Ji Xiang Hu Tong Holdings Limited will be obligated to deliver to UBS AG, Stamford Branch a number of shares as determined by a formula specified in the VPF Contract (or the cash equivalent thereof) and may, under certain circumstances, receive an additional cash payment.
Notice signature
- Notice date
- 08/10/2026
- Signed
- /s/ Lei Wu, as attorney-in-fact for Ji Xiang Hu Tong Holdings Limited