[144] Bullish SEC Filing

Rhea-AI Filing Summary

A holder of BLSH common stock has filed a notice of proposed sale under Rule 144. The filing covers the planned sale of 320,000 common shares through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $10,147,200.00. These ordinary shares were acquired on 05/24/2023 from the issuer through a transaction described as a conversion of Class A and Class B shares of BMC1 in connection with compensation and acquisition of business. The notice also confirms the seller represents having no undisclosed material adverse information about the issuer’s current or prospective operations.

Insights

Equity capital markets analyst

Rule 144 filing flags a sizable planned BLSH share sale.

The filing indicates a planned Rule 144 sale of $10,147,200.00 in BLSH common shares, totaling 320,000 shares on the NYSE. Rule 144 typically applies to restricted or control securities, so this reflects an intended liquidity event by a significant holder.

The shares were acquired on 05/24/2023 via a conversion of Class A and Class B shares of BMC1, tied to compensation and an acquisition of business. That suggests the position stems from corporate restructuring rather than open-market buying.

The representation that the seller does not know undisclosed material adverse information is standard for such notices. Actual impact depends on execution of the planned sale and broader market conditions, which are not detailed in the excerpt.

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

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

Relationship to Issuer

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
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	320000	10147200.00	146183739	02/13/2026	NYSE

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 *
Ordinary Shares	05/24/2023	Transaction pursuant to the conversion of Class A and Class B shares of BMC1	Issuer			320000	05/24/2023	Compensation and acquisition of business

* 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

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)