[144] Bilibili Inc. American SEC Filing
Bilibili Inc. (BILI) filed a Form 144 reporting a proposed sale of 60,000 shares of common stock through Merrill Lynch with an approximate aggregate market value of $1,480,190.70. The sale is scheduled approximately for 09/10/2025 on Nasdaq. The filing shows these shares were acquired on 06/29/2020 in a purchase from Bilibili Inc. and that there were 416,553,785 shares outstanding at the time reported.
The filer certifies no undisclosed material adverse information about the issuer. No securities were reported sold by the account in the prior three months. This notice documents an intended sale under Rule 144 and provides broker, acquisition, and payment details without additional commentary or financial results.
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Insights
TL;DR: A small Rule 144 sale of 60,000 BILI shares is scheduled; transaction size is immaterial relative to outstanding stock.
The filing reports a proposed sale valued at $1,480,190.70 against 416,553,785 shares outstanding, representing roughly 0.014% of the float by count. The shares were acquired in a purchase on 06/29/2020 and will be sold through Merrill Lynch around 09/10/2025. From a market-impact perspective, the disclosed volume is unlikely to move the stock materially given the issuer's share count. The document contains no earnings, insider role, or intent details that would suggest a larger governance or strategic implication.
TL;DR: Form 144 documents a compliant proposed sale with the filer attesting to absence of undisclosed material information.
The notice follows Rule 144 disclosure norms by listing broker, acquisition date, and amount. The filer’s signature block includes the standard attestation regarding material adverse information and potential 10b5-1 plan disclosure, but no plan adoption date is provided. There are no reported sales in the prior three months, and the filing does not indicate any governance events or departures. Procedurally complete for a simple Rule 144 sale; no material governance concerns are evident from the text alone.