HNGE insider plans Rule 144 sale of 373,955 Class A shares
Rhea-AI Filing Summary
HNGE shareholder filed a Rule 144 notice to sell 373,955 Class A shares, with an aggregate market value of 15,272,322.2. These shares were originally acquired from the issuer in a private placement on 02/04/2020 and paid for in cash. The proposed sales are expected to begin around 11/18/2025 through broker Merrill Lynch on the NYSE. The notice states that 37,919,155 Class A shares are outstanding, giving context for the size of this planned sale.
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FAQ
What does HNGE's Form 144 filing disclose?
The filing discloses that a shareholder of HNGE plans to sell 373,955 Class A shares under Rule 144, providing details on the shares, their origin, and the planned sale method.
How many HNGE shares are proposed for sale in this Form 144?
The notice covers a proposed sale of 373,955 Class A shares, with an aggregate market value of 15,272,322.2.
When were the HNGE shares acquired and how were they paid for?
The 373,955 Class A shares were acquired on 02/04/2020 in a private placement from the issuer and were paid for in cash.
When does the Form 144 indicate the HNGE shares may be sold?
The approximate date of sale listed is 11/18/2025, indicating when the shareholder expects to begin selling the shares.
On which exchange and through which broker will the HNGE shares be sold?
The planned sales are to be executed on the NYSE through broker Merrill Lynch, located at One Bryant Park, New York, NY 10036.
How many HNGE Class A shares are outstanding according to the Form 144?
The notice states that there are 37,919,155 Class A shares outstanding, which provides scale relative to the 373,955 shares covered by this filing.