Citadel Securities files to sell 13.6M LFST (LFST) shares under Rule 144
Rhea-AI Filing Summary
LFST received a Rule 144 notice indicating that Citadel Securities, LLC plans to sell up to 13,643,207 shares of Common Stock, par value $0.01 per share, on the NASDAQGS on or after August 10, 2026. The filing lists an aggregate market value of $147,892,363.88 for these shares, with 382,055,609 shares of Common Stock outstanding. The seller originally acquired 184,902,826 shares from the issuer on June 9, 2021 in a reorganization that preceded the company’s initial public offering, described as a contribution of limited partner interests for shares of Common Stock.
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Key Figures
Shares to be sold: 13,643,207 shares
Aggregate market value: $147,892,363.88
Shares outstanding: 382,055,609 shares
+2 more
5 metrics
Shares to be sold
13,643,207 shares
Maximum LFST Common Stock shares covered by Citadel Securities’ Rule 144 filing
Aggregate market value
$147,892,363.88
Aggregate market value of the 13,643,207 shares to be sold
Shares outstanding
382,055,609 shares
LFST Common Stock outstanding as referenced in the Form 144
Original shares acquired
184,902,826 shares
LFST shares originally acquired by Citadel Securities, LLC on June 9, 2021
Planned sale date
08/10/2026
Date on or after which the Rule 144 sales may occur on NASDAQGS
Key Terms
Rule 144, aggregate market value, initial public offering, contribution of limited partner interests
4 terms
Rule 144 regulatory
"received a Rule 144 notice indicating that Citadel Securities, LLC plans to sell"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
aggregate market value financial
"The filing lists an aggregate market value of $147,892,363.88 for these shares"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
initial public offering financial
"in a reorganization that preceded its initial public offering"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
contribution of limited partner interests financial
"Contribution of limited partner interests for shares of Common Stock"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock sale is disclosed for LFST in this Form 144?
Citadel Securities, LLC filed to sell up to 13,643,207 shares of LFST Common Stock under Rule 144. The filing lists an aggregate market value of $147,892,363.88 for these shares, to be sold on NASDAQGS on or after August 10, 2026.
Does LFST receive proceeds from this Form 144 stock sale?
The Form 144 describes a potential resale by Citadel Securities, LLC of existing LFST shares acquired in a prior reorganization. It characterizes this as a holder sale under Rule 144, not an issuance by the company, and does not describe proceeds to LFST.