GigaCloud Technology Inc Enters Definitive Share Purchase Agreement to Acquire New Classic Home Furnishings
GigaCloud Technology Inc - Class A Ordinary Shares (GCT)
Company Research
Source: GlobeNewswire
EL MONTE, Calif., Dec. 03, 2025 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced that it has entered into a definitive Share Purchase Agreement to acquire 100% of the outstanding equity of New Classic Home Furnishings, Inc. The terms of the agreement remain unchanged from those previously disclosed on October 24, with a total consideration of $18 million on a debt-free basis, including a post-close earn-out. The transaction will be funded from GigaCloud’s existing cash on hand. The Board of Directors of GigaCloud has unanimously approved the transaction. The transaction is expected to close on January 2, 2026, subject to satisfaction of customary closing conditions. About GigaCloud Technology Inc GigaCloud Technology Inc is a pioneer of global end-to-end B2B technology solutions for large parcel merchandise. The Company’s B2B ecommerce p
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News
- GigaCloud Technology Inc. (GCT): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Has GigaCloud's 473% Surge Left More Room for Gains in 2025? [Yahoo! Finance]Yahoo! Finance
- GigaCloud Technology Inc Enters Definitive Share Purchase Agreement to Acquire New Classic Home Furnishings [Yahoo! Finance]Yahoo! Finance
- GigaCloud Technology to buy New Classic Home Furnishings for $18M [Seeking Alpha]Seeking Alpha
- GigaCloud Technology Inc to Participate in 14th Annual ROTH Deer Valley EventGlobeNewswire
GCT
Earnings
- 11/6/25 - Beat
GCT
Sec Filings
- 12/3/25 - Form 8-K
- 11/25/25 - Form 4
- 11/21/25 - Form 144
- GCT's page on the SEC website