STOCK TITAN

GXLM planned shareholder sale: 2,445 shares on OTCQX, $64,963.65

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

GXLM: A shareholder filed a Form 144 notice to sell up to 2,445 shares of common stock with an aggregate market value of $64,963.65. The planned sale is listed for approximately November 5, 2025, through Capital Institutional Services, Inc., on the OTCQX market.

The filer reports acquiring 6,919 common shares on May 18, 2024 in a privately negotiated transaction from the issuer for cash. Over the past three months, the filer sold 2,200 shares on July 28, 2025 for gross proceeds of $71,193. Shares outstanding were 1,389,200; this is a baseline figure, not the amount being offered.

Positive

  • None.

Negative

  • None.

Insights

Form 144 notice discloses a modest planned resale under Rule 144.

This filing indicates a shareholder’s intent to sell up to 2,445 GXLM common shares under Rule 144, using Capital Institutional Services on OTCQX. Form 144 is a disclosure of potential sales by affiliates or large holders; it is not an issuance by the company and does not raise capital for the issuer.

The holder previously sold 2,200 shares on July 28, 2025 with gross proceeds of $71,193, and reports having acquired 6,919 shares on May 18, 2024 via a privately negotiated, cash transaction from the issuer. Actual market impact depends on execution and trading volume; the filing lists methods and amounts but does not mandate sales.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

How many GXLM shares are covered by the Form 144 notice?

The notice lists up to 2,445 common shares for potential sale.

What is the aggregate market value of the planned GXLM sale?

The filing states an aggregate market value of $64,963.65.

When is the GXLM sale expected to occur?

The approximate date of sale is November 5, 2025.

Which broker and market are named for the GXLM sale?

The broker is Capital Institutional Services, Inc. and the market is OTCQX.

What GXLM shares have been sold in the past three months?

The filer sold 2,200 shares on July 28, 2025 for $71,193 in gross proceeds.

How and when were the GXLM shares acquired by the filer?

The filer acquired 6,919 shares on May 18, 2024 via a privately negotiated, cash transaction from the issuer.

How many GXLM shares are outstanding?

Shares outstanding are listed as 1,389,200 in the filing.

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