BNTX Form 144 Notice: 500,000 ADS Offered via Goldman Sachs ($56.23M)
Rhea-AI Filing Summary
BioNTech SE (BNTX) Form 144 notice reports a proposed sale of 500,000 American Depositary Shares through Goldman Sachs & Co. LLC with an approximate aggregate market value of $56,230,000 and an approximate sale date of 09/05/2025. The ADS class shows 237,725,735 shares outstanding. The filing states the 500,000 ADS were originally acquired in a private placement on 01/05/2018 from BioNTech SE and paid in cash. The notice also lists multiple prior sales by AT Impf GmbH during the past three months, including transactions on 06/05/2025 (50,000 ADS), 07/10/2025 (40,000 ADS), and several July 2025 dates down to 4,500 and 500 ADS, each with reported gross proceeds. The filer certifies no undisclosed material adverse information.
Positive
- Securities were acquired in a documented private placement and paid in cash on 01/05/2018
- Filer certifies no undisclosed material adverse information
- Broker for the proposed sale is a major, regulated dealer (Goldman Sachs & Co. LLC)
Negative
- Proposed sale is large: 500,000 ADS with aggregate market value of $56,230,000
- Same account (AT Impf GmbH) executed multiple ADS sales in the prior three months, indicating recent disposal activity
Insights
TL;DR: A sizeable block of 500,000 ADS (about $56.2M) is being offered by a holder with recent sales activity, which may increase supply of ADS in the market.
The filing documents a proposed sale of 500,000 ADS via Goldman Sachs with an aggregate market value of $56,230,000 and an intended sale date of 09/05/2025. The securities were acquired in a private placement on 01/05/2018 and paid in cash. The same account (AT Impf GmbH) has executed multiple ADS sales across June and July 2025, with transactions ranging from 500 to 50,000 ADS and disclosed gross proceeds for each trade. For investors, the combination of a large single proposed sale and recent patterned disposals by the same seller is a liquidity and supply signal; the filing itself contains no statements about use of proceeds or insider plans beyond the rule 144 representations.
TL;DR: This is a routine Rule 144 notice documenting an eligible sale; disclosure appears consistent with procedural requirements.
The Form 144 provides the required disclosure items: identity of broker, number of ADS to be sold, acquisition history showing an arm's-length private placement acquisition, and prior sales in the past three months. The signer affirms absence of undisclosed material adverse information. There are no governance or dilution actions disclosed beyond the sale itself; the filing does not indicate any change in ownership structure or related-party transactions other than the recorded sales activity.