Adlai Nortye director plans $1.2M ADS sale

A director of Adlai Nortye Group Ltd. filed to potentially sell 80,000 ADS under Rule 144, valued at about $1.22 million.

Rhea-AI Filing Summary

Adlai Nortye Group Ltd. (ANL) director Ji Ping filed a notice of proposed sale under Rule 144 covering up to 80,000 American Depository Shares (ADS) of Adlai Nortye through Tiger Brokers (Singapore) Pte. Ltd. on NASDAQ, with an approximate sale date of September 29, 2026 and an aggregate market value of $1,222,400.

The filing references 176,203,810 Class A ordinary shares outstanding for Rule 144 calculations and notes that each ADS represents three Class A ordinary shares. The ADS position to be sold was acquired on June 10, 2026 via a distribution from The PECO Innovation Trust.

Key Figures

ADS to be sold: 80,000 American Depository Shares Aggregate market value of ADS: $1,222,400 Class A ordinary shares outstanding: 176,203,810 shares +5 more

8 metrics

ADS to be sold 80,000 American Depository Shares Number of Adlai Nortye ADS covered by the Rule 144 notice

Aggregate market value of ADS $1,222,400 Aggregate market value for 80,000 ADS covered by the planned sale

Class A ordinary shares outstanding 176,203,810 shares Class A ordinary shares outstanding used for Rule 144 Section 3(e)

Approximate sale date September 29, 2026 Approximate date of sale for the 80,000 ADS on NASDAQ

ADS acquired via distribution 136,667 ADS Amount of ADS received on June 10, 2026 from The PECO Innovation Trust

ADS to Class A share ratio 1 ADS = 3 Class A ordinary shares Each ADS of Adlai Nortye represents three Class A ordinary shares

Date of acquisition June 10, 2026 Acquisition date of ADS via distribution from The PECO Innovation Trust

Date of notice September 18, 2026 Date the Rule 144 notice for potential sale was signed

Key Terms

Rule 144, American Depository Shares, Class A ordinary shares, distribution from the PECO Innovation Trust, +1 more

5 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

American Depository Shares financial

"American Depository Shares | Tiger Brokers (Singapore) Pte. Ltd"

American depository shares are U.S.-listed securities that stand in for a foreign company’s ordinary shares, held by a U.S. bank which issues the ADS so investors can trade the foreign stock in U.S. dollars and on U.S. exchanges. Think of them like a locally wrapped version of a foreign product—easier to buy and sell at home—but they still carry risks from currency differences, foreign rules and potential limits on voting rights, so they affect access, liquidity and investment risk.

Class A ordinary shares financial

"Section 3 (e) is based on Class A ordinary shares outstanding."

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

distribution from the PECO Innovation Trust financial

"Distribution from the PECO Innovation Trust | The PECO Innovation Trust"

Form 144 regulatory

"144: Filer Information Filer CIK"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Adlai Nortye Group Ltd. (ANL) director plan to sell under this Form 144?

The director, Ji Ping, filed to potentially sell up to 80,000 American Depository Shares (ADS) of Adlai Nortye Group Ltd. under Rule 144, using Tiger Brokers (Singapore) Pte. Ltd. as the broker.

What is the approximate market value of the ANL ADS covered by this Form 144?

The filing states an aggregate market value of $1,222,400 for the 80,000 ADS proposed to be sold, implying the value used for Rule 144 purposes at the time of the notice.

When are the ANL ADS proposed to be sold according to this notice?

The notice lists an approximate sale date of September 29, 2026 for the potential sale of 80,000 ADS of Adlai Nortye Group Ltd. on NASDAQ.

How were the ANL ADS to be sold under this Form 144 originally acquired?

The securities were acquired on June 10, 2026 through a distribution from The PECO Innovation Trust, with the filing showing an amount of 136,667 ADS received in that distribution.

What share count does the ANL Form 144 use for outstanding shares?

For Rule 144 calculations, the filing references 176,203,810 Class A ordinary shares outstanding, noting that Section 3(e) is based on Class A ordinary shares outstanding.

What is the relationship between ANL ADS and its Class A ordinary shares?

The remarks specify that each ADS represents three Class A ordinary shares. Section 3(c) is based on ADS, while Section 3(e) is based on Class A ordinary shares outstanding for Rule 144 computations.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/18/2026 - 11:10 AM Accepted by SEC EDGAR 09/18/2026 - 11:09 AM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0002129331
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Adlai Nortye Group Ltd.
SEC File Number	001-41773
Address of Issuer	77 ROBINSON ROAD, #20-01 ROBINSON 77 SINGAPORE NEW JERSEY 068896
Phone	848-230-7430
Name of Person for Whose Account the Securities are To Be Sold	Ji Ping
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
American Depository Shares	Tiger Brokers (Singapore) Pte. Ltd 1 Raffles Place, 35-61 One Raffles Place Tower 2 Singapore U0 048616	80000	1222400.00	176203810	09/29/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
American Depository shares	06/10/2026	Distribution from the PECO Innovation Trust	The PECO Innovation Trust			136667	06/10/2026	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks	Section 3(c) is based on ADS. Section 3 (e) is based on Class A ordinary shares outstanding. Each ADS represents three Class A ordinary shares.
Date of Notice	09/18/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Ping Ji
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)