---
schema_version: "secwatch.filing_event.v1"
accession: "0001857816-25-000111"
form_type: "8-K"
ticker: "GCT"
cik: "0001857816"
company_name: "GigaCloud Technology Inc"
filed_at: "2025-10-24T23:59:59+00:00"
generated_at: "2026-05-17T02:22:04.433796+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# GigaCloud to acquire New Classic Home Furnishing for $18M, expanding into brick-and-mortar wholesale

## Summary
- Acquisition of 100% of New Classic Home Furnishing for $18M in cash; expected close Jan 1, 2026.
- New Classic generates ~$70M annual revenue, 2,000+ SKUs, and serves 1,000+ brick-and-mortar retailers.
- Deal diversifies supply chain: New Classic sources <3% from China, mostly from Southeast Asia and US.
- New Classic will retain brand and management; earn-out based on 2026 recurring revenue milestones.
- GigaCloud funded from existing cash; term sheet binding subject to customary conditions.

## SEC filing metadata
- accession: 0001857816-25-000111
- form_type: 8-K
- ticker: GCT
- cik: 0001857816
- company_name: GigaCloud Technology Inc
- filed_at: 2025-10-24T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1857816/000185781625000111/0001857816-25-000111-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1857816/000185781625000111/gct-20251024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001857816-25-000111
- JSON: https://secwatch.observer/filing/0001857816-25-000111.json
- Plain text: https://secwatch.observer/filing/0001857816-25-000111.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.