San Diego, CA -- (SBWIRE) -- 12/04/2023 -- Investors who purchased shares of GigaCloud Technology Inc. (NASDAQ: GCT) have certain options and there are strict and short deadlines running. Deadline: December 04, 2023. GigaCloud Technology Inc. (NASDAQ: GCT) stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges on behalf of purchasers of GigaCloud Technology Inc. (NASDAQ: GCT) common shares between August 18, 2022 and September 27, 2023, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between August 18, 2022 and September 27, 2023, the Defendants failed to disclose to investors that the Company's business is a fraction of what it publicly claims, as evidenced by staffing and activity levels at its warehouses, that the Company overstated its last-mile operations, that the Company engaged in undisclosed related party transactions, that, as a result, the Company's financial results were overstated, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of GigaCloud Technology Inc. (NASDAQ: GCT) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.