STOCK TITAN

Holder of GXLM (OTCQX: GXLM) plans Rule 144 sale of 650 shares

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

Rhea-AI Filing Summary

GXLM: A holder of GXLM common stock filed a notice of intent to sell 650 shares under Rule 144. The proposed sale would be executed through Canaccord Genuity Inc. on the OTCQX market, with an indicated aggregate market value of $13,463.52 based on the pricing used in the notice.

The shares are part of a class with 1,389,200 common shares outstanding and are targeted for sale around 01/26/2026. The seller originally acquired these 650 shares in a privately negotiated cash transaction directly from the issuer on 09/30/2023. By signing the notice, the selling person represents that they are not aware of any undisclosed material adverse information about the issuer’s current or prospective operations.

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 GXLM Form 144 filing disclose?

The filing discloses that a holder of GXLM common stock intends to sell 650 shares under Rule 144 through Canaccord Genuity Inc. on the OTCQX market.

How many GXLM shares are planned to be sold and what is their value?

The notice covers a proposed sale of 650 GXLM common shares with an indicated aggregate market value of $13,463.52 in the filing.

When were the GXLM shares being sold under Rule 144 originally acquired?

The 650 GXLM common shares were acquired on 09/30/2023 in a privately negotiated cash transaction directly from the issuer.

How many GXLM common shares are outstanding according to the notice?

The notice states that there are 1,389,200 GXLM common shares outstanding in the class to which the 650 shares belong.

What is the approximate planned sale date for the GXLM shares in this Form 144?

The filing lists an approximate date of sale of 01/26/2026 for the 650 GXLM common shares to be sold under Rule 144.

What representation does the GXLM selling holder make in the Form 144?

The selling person represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.