[144] IBEX Ltd SEC Filing
Rhea-AI Filing Summary
IBEX Ltd (Form 144): A proposed sale of 8,114 common shares is notified for sale on 09/16/2025 through Global Shares Financial Services Inc. The filing reports an aggregate market value of $309,467.96 and lists 13,315,077 shares outstanding for the issuer. The shares were originally acquired on 08/07/2020 as a grant from the issuer. The filer also reported a recent sale of 350 shares on 08/26/2025 generating $10,194.36 in gross proceeds. The notice includes the required representation that the seller is not aware of any undisclosed material adverse information about the issuer.
Positive
- Full disclosure of planned sale including broker, number of shares, and aggregate market value
- Acquisition details provided (acquired 08/07/2020 as a grant from the issuer), aiding transparency
- Recent prior sale disclosed (350 shares on 08/26/2025 for $10,194.36), showing recent trading history
- Attestation included that the seller is not aware of undisclosed material adverse information
Negative
- No contact details completed for filer contact fields in provided content (name, phone, email appear blank)
- Issuer identifying information incomplete in the provided extract (issuer name and address fields are blank in sections shown)
Insights
TL;DR: Routine insider sale notice; size appears small relative to total outstanding shares.
The Form 144 documents a proposed sale of 8,114 common shares via a broker, with an aggregate market value reported at $309,467.96. Given the reported 13,315,077 shares outstanding, the sale is a small fraction of the capitalization and is likely a routine liquidity event rather than a control transfer. The filing discloses the shares were acquired as a grant on 08/07/2020 and that a recent smaller sale (350 shares) generated $10,194.36; both details help market participants time and quantify insider selling activity.
TL;DR: Filing appears compliant and includes the standard attestation about material nonpublic information.
The notice contains the required attestation that the filer does not possess undisclosed material adverse information and identifies the broker and sale date. It lists acquisition details (grant from issuer) and prior sales in the past three months. From a regulatory perspective, the form meets Rule 144 disclosure elements: securities description, acquisition date and nature, broker information, and recent sales. No apparent omissions are visible in the provided fields.