Luckin Coffee Form 144 details $552K ADS sale plan
Rhea-AI Filing Summary
Luckin Coffee Inc. (LKNCY) has a planned sale of restricted securities disclosed in a Form 144 notice. The filing covers the proposed sale of 15,000 American Depositary Shares, each representing eight Class A ordinary shares, with an aggregate market value of $552,000.00. These ADS were acquired on 06/30/2023 through share incentive plans from Luckin Coffee Inc. and were paid for on the same date on a cashless basis. As context, the notice lists 266,231,521 shares outstanding and states an approximate sale date of 11/20/2025 through broker TIGER BROKERS (NZ) LIMITED on the OTC market.
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FAQ
What does Luckin Coffee Inc. (LKNCY) disclose in this Form 144?
The notice discloses a proposed sale of 15,000 American Depositary Shares of Luckin Coffee Inc., each representing eight Class A ordinary shares, to be sold under Rule 144.
Which broker and market are involved in the planned LKNCY sale?
The proposed transaction identifies TIGER BROKERS (NZ) LIMITED as the broker and names the OTC market as the securities exchange.