HNGE (HNGE) files Form 144 for sale of 19,659 Class A shares
Rhea-AI Filing Summary
HNGE filed a notice under Rule 144 for a proposed sale of restricted or control securities. The filing covers the planned sale of 19,659 shares of Class A stock through broker Merrill Lynch, with an aggregate market value of 961,521.69. These shares are part of a larger base of 37,919,155 shares outstanding and are expected to be sold on the NYSE on or about 12/01/2025. The seller originally acquired the 19,659 Class A shares from the issuer in a private placement on 07/03/2018, paying cash at that time.
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FAQ
What does HNGE's Form 144 filing disclose?
The Form 144 discloses a planned sale of 19,659 shares of Class A common stock of HNGE under Rule 144, indicating an intention to sell restricted or control securities into the market.
How many HNGE shares are proposed to be sold and on which exchange?
The filing states that 19,659 Class A shares are to be sold, with trading expected on the NYSE.
What is the aggregate market value of the HNGE shares covered by this Form 144?
The notice lists an aggregate market value of 961,521.69 for the 19,659 Class A shares proposed for sale.
When were the HNGE shares acquired and how were they purchased?
The 19,659 Class A shares were acquired on 07/03/2018 in a private placement from the issuer, with the consideration paid in cash on the same date.
How many HNGE shares are outstanding according to the Form 144?
The filing reports that there are 37,919,155 shares of the relevant class of HNGE stock outstanding.
What is the approximate date of sale for the HNGE shares in this Form 144?
The proposed sale date for the 19,659 Class A shares is listed as 12/01/2025, which is an approximate timing for execution.
Who is the broker for the HNGE Form 144 sale?
The broker named in the filing is Merrill Lynch, located at One Bryant Park, New York, NY 10036.