CRCL Rule 144 filing details $7.85M sale of 91,000 shares
Rhea-AI Filing Summary
CRCL received a Rule 144 notice for a proposed sale of restricted securities. The filer plans to sell 91,000 Class A common shares, with an aggregate market value of $7,853,300, through Merrill Lynch on or about 11/13/2025 on the NYSE. The filing lists 216,487,160 shares outstanding.
The shares to be sold were acquired on 06/09/2015 via a private placement from the issuer for cash (amount acquired: 91,000). The notice also reports sales in the past three months by related sellers: Rajeev Date (15,431 shares, $2,006,030), Fenway Summer Ventures LP (18,746 shares, $2,436,980), and FS Venture Capital LLC (14,654 shares, $1,905,020).
This is a shareholder sale notice; proceeds accrue to the selling holder, not the company.
Positive
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Negative
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Insights
Routine Rule 144 notice for 91,000-share sale; administrative.
This filing is a Rule 144 notice, indicating intent to sell 91,000 Class A shares with an $7,853,300 aggregate market value via Merrill Lynch on or about 11/13/2025. Rule 144 governs resales of restricted or control securities, and this notice signals compliance steps rather than a capital raise.
The shares were originally acquired on 06/09/2015 in a private placement for cash, aligning with typical seasoning before resale. The excerpt also lists recent sales by named holders with disclosed share counts and proceeds. Cash-flow accrues to selling holders; the issuer receives no proceeds from these resales.
Market impact, if any, depends on actual execution and trading conditions; the filing itself is administrative.