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Aura Minerals (NASDAQ: AUGO) fund lines up multi-million NASDAQ share sale

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Aura Minerals Inc. (AUGO) received a notice that Kapitalo International Fund SPC - Segregated Portfolio A, which may be deemed an affiliate, intends to sell Aura Minerals common shares under Rule 144. The notice covers up to 203,023 common shares of no par value, with an approximate aggregate market value of $16,580,685.39, to be sold through BofA Securities Inc. on NASDAQ. Aura Minerals had 83,789,223 common shares outstanding as of the notice date. Over the prior three months, the same holder reported selling 13,071 shares for $1,012,863.95.

Positive

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Negative

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Shares to be sold 203,023 shares Maximum Aura Minerals common shares covered by the current Rule 144 notice
Aggregate market value of planned sale $16,580,685.39 Approximate market value of 203,023 shares to be sold under Rule 144
Shares outstanding 83,789,223 shares Aura Minerals common shares outstanding as of the Form 144 notice
Shares sold past 3 months 13,071 shares Aura Minerals common shares sold by the same holder in the prior three months
Proceeds from past 3 months sales $1,012,863.95 Total consideration for 13,071 Aura Minerals shares sold previously
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.
affiliate regulatory
"May be deemed affiliate"
open market purchases financial
"Shares were acquired in the open market trades"
Open market purchases are buys of a company’s shares (or other securities) made on public exchanges at prevailing market prices rather than through private deals. For investors this matters because when a company buys back its own stock it reduces the number of shares available, which can boost per-share earnings and often signals management’s confidence; it also affects supply, demand and short-term liquidity much like someone quietly buying up items from a crowded marketplace.

FAQ

What does the Form 144 filing mean for Aura Minerals Inc. (AUGO)?

The filing states that Kapitalo International Fund SPC - Segregated Portfolio A plans to sell Aura Minerals common shares under Rule 144. It is a notice of proposed resale by an affiliate and does not itself change Aura’s capital structure.

How many Aura Minerals (AUGO) shares are planned to be sold under this Form 144?

The selling holder filed to resell up to 203,023 common shares of Aura Minerals. These are common shares of no par value that were originally acquired in open market purchases in 2021.

What is the approximate market value of the Aura Minerals (AUGO) shares covered by this Form 144?

The notice reports an approximate aggregate market value of $16,580,685.39 for the 203,023 common shares to be sold. This value is based on recent market prices at the time of the filing.

How many Aura Minerals (AUGO) shares are outstanding according to the Form 144?

Aura Minerals is reported to have 83,789,223 common shares outstanding as of the notice date. This figure provides context for the planned 203,023-share resale under Rule 144.

Were Aura Minerals (AUGO) shares sold recently by the same holder before this Form 144?

Yes. Over the past three months, the filing reports that the same holder sold 13,071 common shares of Aura Minerals for total proceeds of $1,012,863.95, separate from the newly noticed shares.

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

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature