Clarivate (CLVT) plans potential NYSE sale of ProQuest merger consideration shares
Rhea-AI Filing Summary
Clarivate plc is the issuer in a notice covering potential sales of its ordinary shares under a Form 144 filing. The planned transactions are to be executed through J.P. Morgan Securities LLC on the NYSE.
The shares were originally acquired on December 1, 2021 as consideration in connection with the merger of ProQuest LLC into Clarivate. The filing references 2,489,618 ordinary shares tied to that merger consideration, indicating these previously issued shares may be sold in the market.
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Key Figures
Shares linked to merger consideration: 2,489,618 ordinary shares
Acquisition date of shares: 12/01/2021
Trading venue: NYSE
3 metrics
Shares linked to merger consideration
2,489,618 ordinary shares
Referenced as consideration in connection with the merger of ProQuest LLC into Clarivate on 12/01/2021
Acquisition date of shares
12/01/2021
Date the ordinary shares were received as merger consideration
Trading venue
NYSE
Exchange where the ordinary shares covered by the Form 144 may be sold
Key Terms
Form 144, Ordinary Shares, consideration, merger
4 terms
Form 144 regulatory
"Filer Information | | | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
consideration financial
"As consideration in connection with the merger of ProQuest LLC"
merger financial
"in connection with the merger of ProQuest LLC into Clarivate"
A merger is when two companies combine into a single business, with ownership and control reorganized so they operate as one entity. For investors it matters because mergers can change the value and risk of holdings—shares may be exchanged, diluted, or rise if the combined company saves costs or gains market power, and the deal often depends on regulatory approval and successful integration like two households joining resources and routines.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Clarivate (CLVT) disclose in this Form 144 filing?
Clarivate discloses a planned sale program for ordinary shares previously issued as merger consideration for ProQuest LLC, to be sold through J.P. Morgan Securities LLC on the NYSE.
What type of Clarivate (CLVT) security is involved in this Form 144 notice?
The notice covers ordinary shares of Clarivate, linked to 2,489,618 shares received as merger consideration for ProQuest LLC and potentially sold on the NYSE.