GBAT Form 144 plans 2,200-share sale via Canaccord on OTCQB
Rhea-AI Filing Summary
GBAT filed a Form 144 notice indicating an intent to sell 2,200 common shares, with an aggregate market value of $3,285.92. The filing lists Canaccord Genuity Corp as broker, with sales expected on or about October 24, 2025 on the OTCQB.
The seller acquired the 2,200 shares on June 24, 2021 in a privately negotiated transaction from the issuer, paid in cash. The notice also reports prior sales in the last three months, including 2,500 shares on August 6, 2025 for $3,500.00 and 2,400 shares on July 29, 2025 for $3,768.00. Shares outstanding were 2,842,800 at the time indicated in the notice.
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Insights
Routine Form 144 for 2,200 shares; administrative disclosure.
This is a standard Rule 144 notice for a proposed sale of 2,200 common shares through Canaccord Genuity on the OTCQB, with an approximate sale date of October 24, 2025. The filing discloses an aggregate market value of $3,285.92.
The shares were acquired on June 24, 2021 via a privately negotiated purchase from the issuer, paid in cash. The notice also lists recent sales by the same seller during July–August 2025, such as 2,500 shares on August 6, 2025 for $3,500.00. Actual sales depend on market conditions and seller decisions.
Form 144 is a notification, not a commitment to sell. Any market impact is typically limited for transactions of this size, and subsequent trade confirmations would appear separately if executed.