Luckin Coffee holder plans sale of 300,000 ADS
Tiger Brokers (NZ) Limited filed a notice to sell up to 300,000 American Depositary Shares of Luckin Coffee Inc., each ADS representing eight Class A ordinary shares.
Rhea-AI Filing Summary
Tiger Brokers (NZ) Limited filed a notice to sell up to 300,000 American Depositary Shares of Luckin Coffee Inc., each ADS representing eight Class A ordinary shares. The proposed sale, valued at about $11,103,000.00, may occur on or after August 5, 2026 in OTC transactions. The same class has approximately 269,267,174 units outstanding; this is a baseline figure, not the amount being offered.
The filing also lists earlier cashless sales under share incentive plans: 37,074 ADS on December 31, 2021 and 262,926 ADS on December 31, 2022.
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Key Figures
Key Terms
cashless financial
over-the-counter financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Luckin Coffee (LKNCY) disclose in this Form 144 filing?
How many Luckin Coffee (LKNCY) ADS are planned for sale and what is their value?
When can the proposed Luckin Coffee (LKNCY) ADS sale begin?
How many Luckin Coffee (LKNCY) securities of this class are outstanding?
What prior sales of Luckin Coffee (LKNCY) ADS are reported in the past three months section?
Through what method are the planned Luckin Coffee (LKNCY) ADS sales expected to occur?
AI-generated analysis. How Rhea-AI works. Not financial advice.