HNGE (HNGE) Form 144 shows planned sale of 23,176 Class A shares
Rhea-AI Filing Summary
HNGE has a Form 144 notice indicating that a stockholder plans to sell 23,176 shares of Class A common stock through Merrill Lynch on the NYSE, with an approximate sale date of 11/28/2025. The aggregate market value of the shares to be sold is listed as 1,159,958.8, and the total number of Class A shares outstanding is shown as 37,919,155.
The shares to be sold were acquired on 02/04/2020 in a private placement from the issuer for cash. Over the past three months, Bessemer Venture Partners X LP and Bessemer Venture Partners X Institutional LP together sold several Class A share blocks, including 373,955 and 103,160 shares for gross proceeds of 14,976,898 and 4,979,533.2, and 351,045 and 96,840 shares for gross proceeds of 14,059,352 and 4,674,466.8.
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FAQ
How many HNGE Class A shares are proposed to be sold under this Form 144?
The notice states that 23,176 shares of HNGE Class A common stock are proposed to be sold.
What is the aggregate market value of the HNGE shares to be sold?
The 23,176 Class A shares to be sold have an aggregate market value of 1,159,958.8 as listed in the notice.
When were the HNGE shares to be sold originally acquired and how?
The 23,176 Class A shares were acquired on 02/04/2020 in a private placement from the issuer and were paid for in cash.
How many HNGE Class A shares are outstanding according to this filing?
The filing indicates that there are 37,919,155 Class A shares outstanding.
Which broker and exchange are involved in the planned HNGE share sale?
The proposed sale of 23,176 Class A shares is to be executed through Merrill Lynch on the NYSE.
What recent HNGE share sales by Bessemer Venture Partners entities are disclosed?
The notice lists recent sales by Bessemer Venture Partners X LP and Bessemer Venture Partners X Institutional LP, including 373,955 and 103,160 Class A shares with gross proceeds of 14,976,898 and 4,979,533.2, and 351,045 and 96,840 shares with gross proceeds of 14,059,352 and 4,674,466.8.
What representation does the selling person make about HNGE in this Form 144?
The person for whose account the securities are to be sold represents that they do not know any material adverse information about the issuer's current or prospective operations that has not been publicly disclosed.