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DCG International to sell 12,000 GDLC (OTCQX: GDLC) shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

DCG International Investments Ltd filed a notice to sell 12,000 shares of GDLC common stock through Canaccord Genuity Corp on the OTCQX market, with an aggregate market value of $505,843.20. Shares outstanding were 12,707,400. The shares were originally acquired in a privately negotiated cash transaction on September 22, 2020.

The filing also lists multiple GDLC share sales by DCG International Investments Ltd over the prior three months, including 12,000-share transactions on various dates such as October 28, 2025 with gross proceeds of $665,760. The signer represents they are not aware of undisclosed material adverse information about GDLC.

Positive

  • None.

Negative

  • None.

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

FAQ

What does the GDLC Form 144 filed by DCG International disclose?

It discloses DCG International Investments Ltd plans to sell 12,000 GDLC common shares via Canaccord Genuity Corp, valued at $505,843.20. The notice also summarizes several GDLC share sales by the same holder over the past three months, including dates, share counts, and gross proceeds.

How many GDLC shares is DCG International planning to sell under this notice?

DCG International Investments Ltd plans to sell 12,000 GDLC common shares. The filing lists these shares with an aggregate market value of $505,843.20 and identifies Canaccord Genuity Corp as the broker executing the trades on the OTCQX market for this planned transaction.

What is the aggregate market value of GDLC shares in the planned Form 144 sale?

The planned 12,000-share GDLC sale has an aggregate market value of $505,843.20. This value reflects the market price at the time of the filing and is used solely for disclosure purposes in the notice of proposed sale under Rule 144 requirements.

When were the GDLC shares being sold by DCG International originally acquired?

The 12,000 GDLC shares were acquired on September 22, 2020 in a privately negotiated cash transaction directly from the issuer. The filing specifies that full payment was made in cash on the acquisition date, satisfying the Rule 144 holding period and payment disclosure requirements.

What prior GDLC stock sales by DCG International are listed in the Form 144?

The notice lists several GDLC sales over the prior three months by DCG International Investments Ltd, including multiple 12,000-share transactions. One example is a 12,000-share sale of common stock on October 28, 2025, which generated gross proceeds of $665,760.00 for the seller.

How many GDLC shares are reported as outstanding in this Form 144 filing?

The filing reports 12,707,400 GDLC common shares outstanding. This figure provides context for the size of the 12,000-share planned sale but does not itself represent any new issuance or registration of securities by the company; it is a baseline capitalization number.