Virtu Americas LLC (BATL) proposes sale of 2,369,769 shares on NYSE American
Rhea-AI Filing Summary
Virtu Americas LLC reports a proposed sale of 2,369,769 shares of Common Stock to be effected on the NYSE American. The shares were acquired 10/08/2019 in satisfaction of bankruptcy claims, and the filing lists 21659688.66 as an associated numeric value. The Form 144 notice identifies the broker/issuer contact as VIRTU AMERICAS LLC, 1633 BROADWAY, 41st FL, NEW YORK, NY 10019.
Positive
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Insights
Form 144 filed for a large resale by an affiliate; transaction disclosed under Section 16 rules.
Form 144 shows a proposed sale of 2,369,769 shares on the NYSE American, with acquisition dated 10/08/2019 and a stated acquisition reason of "satisfaction of bankruptcy claims." The filing provides the broker/issuer contact details and a numeric value 21659688.66 as listed in the record.
Cash‑flow treatment and timing mechanics for the sale are not detailed in the excerpt; subsequent trade reports or amended filings would show executed dispositions and proceeds. Rule compliance and broker handling are the primary items to watch in later filings.
FAQ
What does the Form 144 for BATL disclose?
Does the Form 144 state proceeds or timing for the BATL sale?