BRLT (BRLT) holder files to sell 48,824 Class A shares via Merrill Lynch
Rhea-AI Filing Summary
BRLT reports that a shareholder has filed to sell Class A common stock under Rule 144. The proposed transaction covers 48,824 Class A shares, to be sold through Merrill Lynch at 555 California Street in San Francisco, with a stated value of 62494.72, on or after 08/10/2026 on Nasdaq. As context, 16,907,896 Class A shares are listed as outstanding. The filing states that these 48,824 shares were originally received from the issuer on 09/23/2021 in a series of reorganization transactions in connection with the issuer’s IPO.
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Key Figures
Shares to be sold: 48,824 shares
Stated value: 62494.72
Shares outstanding: 16,907,896 shares
+2 more
5 metrics
Shares to be sold
48,824 shares
Class A shares proposed for sale under Form 144
Stated value
62494.72
Value associated with the 48,824 shares to be sold
Shares outstanding
16,907,896 shares
Class A shares outstanding referenced in the filing
Proposed sale date
08/10/2026
Date associated with proposed Nasdaq sales through Merrill Lynch
Original acquisition date
09/23/2021
Date shares were received in Pre-IPO reorganization tied to IPO
Key Terms
Pre-IPO Reorganization, IPO, Class A
3 terms
Pre-IPO Reorganization financial
"Securities of the issuer were received in a series of reorganization transactions in connection with the issuer's IPO"
IPO financial
"in connection with the issuer's IPO on 9/23/2021"
An initial public offering (IPO) is the process by which a private company sells its shares to the public for the first time, making its ownership available on the stock market. This allows the company to raise money from a wide range of investors to fund growth or other goals. For investors, an IPO offers a chance to buy into a company early in its public journey, potentially benefiting if the company grows in value.
Class A financial
"Class A | Merrill Lynch 555 California Street 18th Floor"
Class A denotes a specific group of a company’s shares that carry a particular set of rights—most commonly different voting power or dividend priority compared with other share classes. Think of it like different seats on a bus where some seats let you steer and others only ride: knowing whether a share is Class A tells investors how much influence they have over company decisions and how returns might be distributed, which affects control and value.
AI-generated analysis. How Rhea-AI works. Not financial advice.