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