GDLC investor (GDLC) files Rule 144 to sell 16,500 common shares on OTCQX
Rhea-AI Filing Summary
DCG International Investments Ltd filed a notice under Rule 144 to sell up to 16,500 shares of GDLC common stock through Canaccord Genuity Corp on or after July 31, 2026 on OTCQX. The shares were originally acquired in a privately negotiated transaction from the issuer on September 22, 2020 for cash, and the filing lists several prior GDLC share sales during the past three months.
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Key Figures
Shares to be sold: 16,500 shares
Aggregate market value of planned sale: $468,644.55
Shares outstanding: 11,717,400 shares
+3 more
6 metrics
Shares to be sold
16,500 shares
Planned Rule 144 sale of GDLC common stock
Aggregate market value of planned sale
$468,644.55
Market value of 16,500 GDLC shares to be sold
Shares outstanding
11,717,400 shares
GDLC common shares referenced as outstanding
Past sale 1
12,000 shares for $412,304.40
GDLC common sold on 04/30/2026
Past sale 2
13,000 shares for $473,846.10
GDLC common sold on 05/05/2026
Recent sale
16,500 shares for $481,648.20
GDLC common sold on 07/30/2026
Key Terms
Form 144, Rule 144, Privately Negotiated Transaction, OTCQX
4 terms
Form 144 regulatory
"144: 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.
Rule 144 regulatory
"144: Securities To Be Sold"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Privately Negotiated Transaction financial
"Common | 09/22/2020 | Privately Negotiated Transaction | Purchased from Issuer"
A privately negotiated transaction is a deal whose terms are worked out directly between a buyer and a seller rather than through a public market or open auction. Think of it like selling a car to a neighbor instead of putting it on eBay: the price, timing and conditions are agreed one-on-one, so investors may see less public information, different pricing compared with market trades, and potential impacts on liquidity and valuation.
OTCQX market
"11717400 | 07/31/2026 | OTCQX 144: Securities To Be Sold"
OTCQX is the highest tier of the over‑the‑counter (OTC) marketplaces where shares of companies that aren’t listed on major stock exchanges trade. Think of it as a “premium shelf” for OTC stocks: companies must meet stricter financial and disclosure standards, which can mean clearer information, potentially better investor confidence and somewhat easier trading than lower OTC tiers. Investors watch OTCQX listings as a signal of relative transparency and credibility among OTC-traded firms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the GDLC Form 144 filing by DCG International Investments Ltd disclose?
It discloses an intent to sell up to 16,500 GDLC common shares under Rule 144. The shares were acquired in a privately negotiated transaction from the issuer on September 22, 2020 and may be sold on OTCQX.
What recent GDLC sales by DCG International Investments Ltd are reported?
The filing lists multiple GDLC common stock sales over the prior three months, including trades such as 12,000 shares on April 30, 2026 for $412,304.40 and 13,000 shares on May 5, 2026 for $473,846.10.