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Clarivate (CLVT) plans potential NYSE sale of ProQuest merger consideration shares

(Neutral)
(Neutral)
Form Type
144

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.

Positive

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Negative

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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
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.
Ordinary Shares financial
"Ordinary Shares | J.P. Morgan Securities LLC 270 Park Avenue"
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
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.

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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.

How many Clarivate (CLVT) shares are linked to the ProQuest merger in this filing?

The filing references 2,489,618 ordinary shares acquired on December 1, 2021 as consideration in connection with the merger of ProQuest LLC into Clarivate.

When were the Clarivate (CLVT) shares proposed for sale originally acquired?

The shares were acquired on December 1, 2021 as consideration in the merger of ProQuest LLC into Clarivate, meaning they represent stock issued in exchange for that transaction.

Through which broker will the Clarivate (CLVT) shares in this Form 144 be sold?

The proposed sales are to be executed through J.P. Morgan Securities LLC, located at 270 Park Avenue, New York, with the shares to be traded 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.

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