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Kanzhun (NASDAQ: BZ) plans $200M Rule 144 Class A sale via HKEX

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Kanzhun Limited filed a Rule 144 notice for a large planned secondary sale of its Class A Ordinary Shares. The filing covers 19,475,700 Class A Ordinary Shares, to be sold through Morgan Stanley & Co. International Plc on the HKEX, with an approximate aggregate market value of $200,000,000.00. The shares are part of a larger base of 832,097,985 shares outstanding. According to the notice, these shares were originally acquired as a pre-IPO investment on 07/04/2019 from Kanzhun Limited for cash. The approximate date of sale indicated is 01/06/2026, and the seller represents that they are not aware of undisclosed material adverse information about Kanzhun’s current or prospective operations.

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Negative

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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

FAQ

What does Kanzhun (BZ) disclose in this Rule 144 notice?

The notice states that 19,475,700 Class A Ordinary Shares of Kanzhun Limited are planned to be sold under Rule 144 on the HKEX through Morgan Stanley & Co. International Plc, with an aggregate market value of $200,000,000.00.

How many Kanzhun Class A shares are covered by this planned sale?

The filing covers 19,475,700 Class A Ordinary Shares of Kanzhun Limited to be sold under Rule 144.

What is the stated market value of the Kanzhun shares in this Rule 144 filing?

The Rule 144 notice lists an aggregate market value of $200,000,000.00 for the 19,475,700 Class A Ordinary Shares to be sold.

When were the Kanzhun shares being sold under Rule 144 originally acquired?

The Class A Ordinary Shares were acquired on 07/04/2019 as a pre-IPO investment from Kanzhun Limited, with cash listed as the form of payment.

On which exchange and through which broker will the Kanzhun shares be sold?

The notice identifies HKEX as the securities exchange and Morgan Stanley & Co. International Plc as the broker for the planned sale.

What is the approximate date of the planned Rule 144 sale for Kanzhun shares?

The filing lists an approximate date of sale of 01/06/2026 for the 19,475,700 Class A Ordinary Shares.

How many Kanzhun shares are outstanding according to this Rule 144 notice?

The Rule 144 information table reports 832,097,985 shares of Class A Ordinary Shares outstanding.
Kanzhun Ltd

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