STOCK TITAN

BRLT (BRLT) holder files to sell 48,824 Class A shares via Merrill Lynch

(Neutral)
(Neutral)
Form Type
144

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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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
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.

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FAQ

What does BRLT's Form 144 filing disclose about shares to be sold?

The Form 144 for BRLT discloses a proposed sale of 48,824 Class A shares. These shares are to be sold through Merrill Lynch on or after 08/10/2026 on Nasdaq.

How many BRLT Class A shares are outstanding according to this filing?

The filing states that there are 16,907,896 Class A shares outstanding. This figure provides context for the proposed sale of 48,824 shares under Rule 144 by the reporting shareholder.

When were the BRLT shares in this Form 144 originally acquired?

The 48,824 BRLT Class A shares were received on 09/23/2021. They were obtained in a series of reorganization transactions in connection with the issuer’s IPO on that same date.

What is the stated value of the BRLT shares to be sold under this Form 144?

The proposed sale of 48,824 BRLT Class A shares carries a stated value of 62494.72. This value is listed alongside the share amount in the securities information section of the filing.

Through which broker will the BRLT Form 144 shares be sold?

The filing lists Merrill Lynch, located at 555 California Street, 18th Floor, San Francisco, CA 94104, as the broker. The 48,824 Class A shares are expected to be sold on Nasdaq.

What event is linked to the acquisition of the BRLT shares being sold?

The 48,824 BRLT shares were acquired in a Pre-IPO Reorganization on 09/23/2021. The filing explains they were received in a series of reorganization transactions connected to the issuer’s IPO.

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