STOCK TITAN

GXLM insider Form 144 plans 1,200-share sale on OTCQX

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

Rhea-AI Filing Summary

GXLM: A Form 144 notice discloses an intent to sell 1,200 shares of common stock, with an aggregate market value of $34,760.04. The planned sale is listed with Canaccord Genuity Corp as broker on the OTCQX, with an approximate sale date of 10/29/2025.

The filer reports the shares were acquired on 09/22/2020 in a privately negotiated transaction, purchased from the issuer for cash. As context, shares outstanding were 1,389,200.

The notice also lists recent sales by the same selling account over the past three months, including 1,175 shares on 07/30/2025 for $38,459.28 and 1,075 shares on 08/05/2025 for $33,002.50, plus multiple additional trades on 07/29/2025, 08/01/2025, 08/04/2025, 07/31/2025, 10/27/2025, and 10/28/2025.

Positive

  • None.

Negative

  • None.

Insights

Routine Form 144 sale; proceeds go to the seller.

This filing lists an intended Rule 144 sale of 1,200 common shares with an $34,760.04 aggregate market value, via Canaccord Genuity Corp on OTCQX. The shares were acquired on 09/22/2020 in a privately negotiated purchase from the issuer for cash.

Form 144 disclosures are administrative and indicate potential sales by the holder; they do not raise capital for the company. The document also enumerates several sales in the last three months with specific trade sizes and proceeds, showing ongoing selling activity by the same account.

Key items to note are the approximate sale date of 10/29/2025 and the 1,389,200 shares outstanding as a baseline figure. Actual market impact depends on execution details and holder decisions disclosed here.

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 GXLM's latest Form 144 disclose?

It discloses an intent to sell 1,200 common shares with an aggregate market value of $34,760.04.

When is the approximate sale date in the GXLM Form 144?

The notice lists an approximate sale date of 10/29/2025.

Which broker and market are listed for the GXLM Form 144 sale?

The filing lists Canaccord Genuity Corp as broker and OTCQX as the exchange.

How and when were the shares in the GXLM Form 144 acquired?

They were acquired on 09/22/2020 in a privately negotiated transaction from the issuer for cash.

How many GXLM shares are outstanding per the notice?

The filing states 1,389,200 shares outstanding.

What recent sales by the same GXLM selling account are listed?

Examples include 1,175 shares on 07/30/2025 for $38,459.28 and 1,075 shares on 08/05/2025 for $33,002.50, among others.

Does the GXLM Form 144 provide proceeds to the company?

No. Form 144 notices relate to sales by the holder; proceeds go to the selling holder.