8-K
GigaCloud Technology Inc (GCT)
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
April 22, 2026
Date of Report (date of earliest event reported)
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GigaCloud Technology Inc
(Exact name of registrant as specified in its charter)
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| Cayman Islands<br><br>(State or other jurisdiction of<br><br>incorporation or organization) | 001-41454<br><br>(Commission File Number) | 00-0000000<br><br>(I.R.S. Employer Identification Number) |
|---|---|---|
| 4388 Shirley Ave<br><br>El Monte, CA 91731 | ||
| (Address of principal executive offices and zip code) | ||
| (626) 912-8886 | ||
| (Registrant's telephone number, including area code) |
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | ||||
|---|---|---|---|---|---|
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | ||||
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | ||||
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | Securities registered pursuant to Section 12(b) of the Act: | |||
| --- | --- | --- | |||
| Title of each class | Trading Symbol | Name of each exchange on which registered | |||
| Class A ordinary shares, par value $0.05 per share | GCT | The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
| Emerging growth company | ☐ |
|---|
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 22, 2026, Gigacloud Technology Inc (the “Company”) issued a press release announcing that Marshall Bernes, the Company’s Head of Brand Center (formerly known as BaaS Program), has informed the Company of his intention to retire from his executive officer position within the next six months. Mr. Bernes will continue to serve as a member of the Company’s Board of Directors following his retirement from the executive role, ensuring continuity and ongoing strategic guidance. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
The Company has initiated a transition and succession planning process and expects to appoint one or more seasoned industry professionals to assume responsibility for the Brand Center and related functions. The transition is expected to occur in an orderly manner prior to Mr. Bernes’ retirement, with the goal of maintaining operational continuity.
The information contained in this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section, and shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
Item 9.01 - Financial Statements and Exhibits
(d) The following exhibits are being filed herewith:
| Exhibit No. | Description |
|---|---|
| 99.1 | Press Release issued by GigaCloud |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized on this 22th day of April 2026.
| GigaCloud Technology Inc | |
|---|---|
| By: | /s/ Larry Lei Wu |
| Name: | Larry Lei Wu |
| Title: | Chairman of the Board of Directors and<br><br>Chief Executive Officer |
Document
Exhibit 99.1
GigaCloud Technology Inc Announces Planned Retirement of Head of Brand Center
EL MONTE, Calif., April 22, 2026 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce technology solutions for large parcel merchandise, today announced that Marshall Bernes, the Company’s Head of Brand Center, has informed the Company of his intention to retire from his executive officer position within the next six months.
Mr. Bernes will continue to serve as a member of the Company’s Board of Directors following his retirement from the executive role, ensuring continuity and ongoing strategic guidance.
As the founder of Noble House, Mr. Bernes has supported in its integration with the Company, led the development of the Company’s Brand Center and established relationships with brands and related products offerings over the past three years. The Brand Center is the Company’s business unit which oversees product design and branding. The Company believes that Mr. Bernes’ contributions have supported the expansion of its product offerings and enhanced value for its ecosystem partners.
The Company has initiated a transition and succession planning process and expects to appoint one or more seasoned industry professionals to assume responsibility for the Brand Center and related functions. The transition is expected to occur in an orderly manner prior to Mr. Bernes’ retirement, with the goal of maintaining operational continuity.
“Marshall has been instrumental in advancing our brand partnership strategy and building out our Brand Center capabilities,” said Larry Wu, Founder and Chief Executive Officer of the Company. “We appreciate his leadership and contributions and look forward to his continued service on our Board.”
Mr. Bernes added, “It has been a privilege to work with the Company’s talented team and help develop these initiatives. I remain committed to supporting the Company’s long-term strategy in my capacity as a director.”
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 platform, which it refers to as the “GigaCloud Marketplace,” integrates everything from discovery, payments and logistics tools into one easy-to-use platform. The Company’s global marketplace seamlessly connects manufacturers, primarily in Asia, with resellers, primarily in the U.S., Asia and Europe, to execute cross-border transactions with confidence, speed and efficiency. The Company offers a truly comprehensive solution that transports products from the manufacturer’s warehouse to the end customer’s doorstep, all at one fixed price. The Company first launched its marketplace in January 2019 by focusing on the global furniture market and has since expanded into additional categories such as home appliances and fitness equipment. For more information, please visit the Company’s website: https://investors.gigacloudtech.com/.
Exhibit 99.1
For investor and media inquiries, please contact:
GigaCloud Technology Inc
Investor Relations
Email: ir@gigacloudtech.com
PondelWilkinson Inc.
Todd Kehrli (Investors) – tkehrli@pondel.com
Laurie Berman (Investors) – lberman@pondel.com
George Medici (Media) – gmedici@pondel.com