CLGN Form 144: 140,000 Ordinary Shares Proposed Sale via UBS
Rhea-AI Filing Summary
CollPlant Biotechnologies Ltd (CLGN) filed a Form 144 notifying a proposed sale of 140,000 ordinary shares through UBS Securities LLC with an aggregate market value of $308,000. The filing lists 12,716,014 shares outstanding and an approximate sale date of 10/10/2025.
The shares were acquired in a private placement from the issuer on 10/27/2019 and payment was by wire transfer in US$ on the same date. The filer certifies no undisclosed material adverse information and reports no sales in the past three months.
Positive
- Brokered sale through UBS Securities LLC, indicating use of an established dealer
- Full payment was made at acquisition by wire transfer on 10/27/2019, showing clear chain of custody
Negative
- Proposed sale equals 140,000 shares, representing a measurable portion of the public float given 12,716,014 shares outstanding
- Aggregate market value is only $308,000, which could pressure near-term liquidity if executed on-market
Insights
Routine insider sale notice; watch aggregate size versus float.
The Form 144 records a proposed brokered sale of $308,000 worth of ordinary shares via UBS Securities LLC on 10/10/2025. The securities were acquired in a private placement on 10/27/2019 and paid for by wire.
The filing is procedural under Rule 144 and includes the filer’s representation that no material undisclosed information exists. Investors and compliance officers should note the sale size relative to the 12,716,014 shares outstanding, which may indicate modest near-term selling supply; monitor actual execution and post-sale holdings within days following the indicated date.