BLTE (NASDAQ: BLTE) affiliate plans sale of 16,666 ADS via J.P. Morgan

Rhea-AI Filing Summary

BLTE filed a Form 144 notice proposing the sale of 16,666 American Depositary Shares (ADS). The ADS were issued on 04/10/2025 via a stock option exercise, and the filing lists J.P. Morgan Securities LLC as the broker-dealer with trading on NASDAQ. The filing date shown is 04/15/2026.

Insights

Securities Compliance Counsel

Form 144 notifies a planned affiliate sale of ADS following option exercise.

The filing lists 16,666 ADS to be sold, identifies a stock option exercise dated 04/10/2025, and names J.P. Morgan Securities LLC as the broker. The sale is reported for execution on NASDAQ.

Timing and execution details beyond the broker and the exchange are not provided in the excerpt; subsequent Form 4/Form 144 amendments or broker disclosures may show settlement and actual sale quantities.

Key Figures

ADS proposed for sale: 16,666 shares Stock option exercise date: 04/10/2025 Form 144 filing date: 04/15/2026 +2 more

5 metrics

ADS proposed for sale 16,666 shares listed in Form 144 as securities to be sold

Stock option exercise date 04/10/2025 date tied to the issuance of the ADS

Form 144 filing date 04/15/2026 date shown in the filing excerpt

Broker-dealer J.P. Morgan Securities LLC listed as broker for the proposed sale on NASDAQ

Exchange NASDAQ exchange listed for the ADS sale

Key Terms

American Depositary Shares, Form 144, Stock Option Exercise, Broker-dealer

4 terms

American Depositary Shares market

"American Depositary Shares, each representing one ordinary share"

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

Form 144 regulatory

"Filer Information | 144: Filer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Stock Option Exercise financial

"04/10/2025 | Stock Option Exercise | Issuer"

A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.

Broker-dealer market

"J.P. Morgan Securities LLC 270 Park Avenue"

A broker-dealer is a licensed firm or individual that both executes trades on behalf of clients (acting as a broker) and buys or sells securities for its own account (acting as a dealer). Investors care because broker-dealers provide the plumbing of markets — they place orders, hold or move cash and securities, offer research or advice, and their stability and fees directly affect trade execution, costs, and the safety of client funds; think of them as a combined travel agent and taxi for your investments.

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

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
American Depositary Shares, each representing one ordinary share	J.P. Morgan Securities LLC 270 Park Avenue, 10th Floor New York NY 10017	16666	2865385	39339960	04/15/2026	NASDAQ

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 *
American Depositary Shares, each representing one ordinary share	04/10/2025	Stock Option Exercise	Issuer			16666	04/10/2025	Cash

* 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)

FAQ

What does BLTE's Form 144 filing mean?

It notifies a planned sale of 16,666 American Depositary Shares by an affiliate. The filing lists a stock option exercise dated 04/10/2025 and identifies J.P. Morgan Securities LLC as the broker for NASDAQ execution.

How many BLTE shares are proposed for sale in the Form 144?

The filing lists 16,666 ADS proposed for sale. The ADS are each stated to represent one ordinary share and the exercise that generated them is dated 04/10/2025.

Who is the broker for the BLTE sale reported on Form 144?

The broker-dealer named is J.P. Morgan Securities LLC, located at 270 Park Avenue, New York. The filing associates the broker with NASDAQ trading activity in the listed ADS.

Does the Form 144 indicate how the ADS were acquired?

Yes. The ADS were acquired via a Stock Option Exercise dated 04/10/2025. The filing classifies the transaction as an issuer-related issuance and shows a cash consideration method.