LKNCY (LKNCY) holder files Form 144 to sell 4,448 ADS via Citigroup

Rhea-AI Filing Summary

A holder of American Depositary Shares (ADS), each representing eight Class A ordinary shares of LKNCY, has filed a notice of proposed sale under Rule 144. The notice covers 4,448 ADS to be sold through Citigroup Global Markets Inc. on the OTC market around 12/09/2025, with an aggregate market value of $168,601.44. These ADS were acquired from the issuer via an option exercise dated 12/31/2023, with cash payment made on 03/04/2024. The filing also reports prior sales over the past three months by the same seller: 20,000 ADS on 12/08/2025 for gross proceeds of $735,075.70 and 100,000 ADS on 11/18/2025 for gross proceeds of $4,000,000.00. The issuer had 266,231,521 shares outstanding at the time referenced.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
American Depositary Shares, each representing eight Class A ordinary shares	Citigroup Global Markets Inc 388 Greenwich Street New York NY 10013	4448	168601.44	266231521	12/09/2025	OTC

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
American Depositary Shares, each representing eight Class A ordinary shares	12/31/2023	Option exercise	Issuer			4448	03/04/2024	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Cao Wenbao 28TH FLOOR, BUILDING T3 HAIXI JINGU PLAZA 1-3 TAIBEIROAD SIMING DISTRICT, XIAMENFUJIAN F4 361008	American Depositary Shares, each representing eight Class A ordinary shares	12/08/2025	20000	735075.70
Cao Wenbao 28TH FLOOR, BUILDING T3 HAIXI JINGU PLAZA 1-3 TAIBEI ROAD SIMING DISTRICT, XIAMEN FUJIAN F4 361008	American Depositary Shares, each representing eight Class A ordinary shares	11/18/2025	100000	4000000.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the LKNCY Form 144 filing disclose?

The Form 144 filing discloses that a holder of American Depositary Shares (ADS) of LKNCY intends to sell 4,448 ADS through Citigroup Global Markets Inc. on the OTC market around 12/09/2025, with an aggregate market value of $168,601.44.

How many LKNCY ADS are planned to be sold under this Form 144?

The notice covers the planned sale of 4,448 American Depositary Shares, each representing eight Class A ordinary shares.

How and when were the LKNCY ADS being sold under Form 144 acquired?

The 4,448 ADS were acquired from the issuer via an option exercise dated 12/31/2023, with the purchase price paid in cash on 03/04/2024.

What LKNCY share sales have occurred in the last three months by this seller?

The filing reports that the seller disposed of 20,000 ADS on 12/08/2025 for gross proceeds of $735,075.70 and 100,000 ADS on 11/18/2025 for gross proceeds of $4,000,000.00.

What is the outstanding share count referenced in the LKNCY Form 144?

The Form 144 lists 266,231,521 shares as the number of shares or other units outstanding for the issuer at the referenced time.

Which broker and market will handle the LKNCY ADS sale under Rule 144?

The proposed sale of 4,448 LKNCY ADS is to be executed through Citigroup Global Markets Inc. on the OTC market.

What representation does the seller make in the LKNCY Form 144?

By signing the notice, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, and that this also applies as of the date of any written trading plan or instruction under Rule 10b5-1.