STOCK TITAN

Bullish affiliate plans sale of 260,000 shares on NYSE

Bullish (BLSH) received a notice under Rule 144 that Bliss Capital Ltd, identified as an affiliate, has authorized J.P.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Bullish (BLSH) received a notice under Rule 144 that Bliss Capital Ltd, identified as an affiliate, has authorized J.P. Morgan Securities LLC to act as agent to sell up to 260,000 Ordinary Shares of Bullish on the NYSE. The shares were acquired on July 23, 2024 from Block.one pursuant to a share buyback, and the planned transfer date associated with this sale is August 23, 2024.

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Shares to be sold 260,000 Ordinary Shares Maximum number of Bullish shares covered under the Rule 144 notice
Acquisition date of shares July 23, 2024 Date Andrew Bliss acquired the shares from Block.one pursuant to a share buyback
Planned transfer date August 23, 2024 Date associated with the transfer of the 260,000 Ordinary Shares under Rule 144
Bullish SEC file number 001-42797 SEC file number for Bullish as stated in the issuer information
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
"Affiliate"
Ordinary Shares financial
"Ordinary Shares | J.P. Morgan Securities LLC"
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
share buyback financial
"acquired the shares on 07/23/24 from Block.one pursuant to a share buyback"
A share buyback is when a company uses its cash to purchase its own stock from the market, which reduces the number of shares available to other investors. Think of it like a bakery buying back some of its own cookies so the remaining cookies are a bigger slice of the business; buybacks can raise per-share earnings and ownership stakes and signal management’s confidence, but they also use cash that could have been spent on growth or dividends.

FAQ

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

What does the Form 144 filing mean for Bullish (BLSH)?

The Form 144 reports that Bliss Capital Ltd, an affiliate, has notified its intent under Rule 144 to sell up to 260,000 Ordinary Shares of Bullish through J.P. Morgan Securities LLC on the NYSE. It is a notice of a potential sale, not confirmation of completed trades.

How many Bullish (BLSH) shares are covered by this Rule 144 notice?

The notice covers up to 260,000 Ordinary Shares of Bullish to be sold for the account of Bliss Capital Ltd. This share amount is specifically listed in the securities information and securities-to-be-sold sections of the filing.

Who is the selling security holder in the Bullish (BLSH) Form 144?

The selling security holder is Bliss Capital Ltd, identified as an affiliate. J.P. Morgan Securities LLC signed the notice as agent and attorney-in-fact for Bliss Capital Ltd and is listed as the broker handling the Ordinary Shares.

When were the Bullish (BLSH) shares acquired and when are they planned to be sold?

The filing states that Andrew Bliss acquired the shares on July 23, 2024 from Block.one pursuant to a share buyback, and the planned transfer date associated with the Rule 144 sale is August 23, 2024.

On which market are the Bullish (BLSH) shares in this Form 144 intended to be sold?

The Ordinary Shares covered by this Form 144 are listed for sale on the NYSE. J.P. Morgan Securities LLC is named as the broker for the transaction in the securities information section.

What broker is handling the potential sale of Bullish (BLSH) shares?

The potential sale of Bullish Ordinary Shares is being handled by J.P. Morgan Securities LLC, located at 270 Park Avenue, New York, which is listed as broker and signed the form as agent and attorney-in-fact for Bliss Capital Ltd.

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

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