Luckin Coffee Inc. (LKNCY) plans $5.56M sale of 150,000 ADS
Rhea-AI Filing Summary
Luckin Coffee Inc. has filed to sell 150,000 American Depositary Shares (each representing eight Class A ordinary shares) through Tiger Brokers (NZ) Limited on the OTC market, with an aggregate market value of $5,563,500.00 as of 08/04/2026.
The filing also lists prior equity-related activity under share incentive plans, including 27,982 ADS on 12/31/2023 and 122,018 ADS on 12/31/2024 via cashless transactions.
Positive
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Negative
- None.
Key Figures
ADS to be sold: 150,000 ADS
Aggregate market value: $5,563,500.00
ADS sold 12/31/2023: 27,982 ADS
+2 more
5 metrics
ADS to be sold
150,000 ADS
Planned sale of American Depositary Shares through Tiger Brokers (NZ) Limited
Aggregate market value
$5,563,500.00
Market value of 150,000 ADS as of 08/04/2026
ADS sold 12/31/2023
27,982 ADS
Cashless transactions under share incentive plans on 12/31/2023
ADS sold 12/31/2024
122,018 ADS
Cashless transactions under share incentive plans on 12/31/2024
ADS ratio
8 Class A ordinary shares per ADS
Each American Depositary Share represents eight Class A ordinary shares
Key Terms
American Depositary Shares, share incentive plans, cashless, OTC
4 terms
cashless financial
"12/31/2024 | Cashless American Depositary Shares, each representing"
A cashless transaction is any deal settled without exchanging physical money; value is transferred by swapping or adjusting securities, like shares or options, rather than paying cash. For investors this matters because cashless settlements preserve a company’s cash balance but can change share counts or ownership percentages, affecting dilution, earnings per share and the value of holdings—similar to trading goods for goods instead of using cash at checkout.
OTC financial
"269267174 | 08/04/2026 | OTC 144: Securities To Be Sold"
OTC stands for "over-the-counter" and describes securities that trade directly between dealers or via dealer networks rather than on a formal stock exchange. It matters to investors because OTC listings typically have fewer reporting rules and lower trading volume, which can mean higher price swings, limited liquidity, and greater difficulty buying or selling shares—similar to shopping at a small flea market instead of a large, regulated supermarket.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What is Luckin Coffee Inc. (LKNCY) planning to sell under this notice?
Luckin Coffee Inc. plans to sell 150,000 American Depositary Shares, each representing eight Class A ordinary shares, with an aggregate market value of $5,563,500.00 as of 08/04/2026.
What type of security is involved in the LKNCY planned sale?
The security is American Depositary Shares, each representing eight Class A ordinary shares of Luckin Coffee Inc., to be traded on the OTC market through Tiger Brokers (NZ) Limited.
Who is the broker for the planned Luckin Coffee Inc. (LKNCY) sale?
The broker is Tiger Brokers (NZ) Limited, based at 151 Queen Street, Auckland, handling the planned sale of 150,000 American Depositary Shares on the OTC market.