LQDA (NASDAQ) Form 144: Insider notice to sell 318,893 shares via UBS

Rhea-AI Filing Summary

LQDA reports a Form 144 notice for proposed sales of 318,893 shares of common stock. The filing lists a broker-dealer UBS Financial Services Inc and shows prior sales by Canaan VIII LP of 7,684 shares on 03/26/2026 and 62,550 shares on 03/27/2026. Shares outstanding are listed as 88,114,429 as of 05/11/2026.

Insights

Equity Markets Analyst

Form 144 notifies proposed resale of shares by selling holders.

The filing records a proposed sale amount of 318,893 shares through UBS Financial Services Inc. It also documents recent dispositions by Canaan VIII LP of 7,684 and 62,550 shares on 03/26/2026 and 03/27/2026.

Timing and exact execution method are not detailed in the excerpt; subsequent Form 4 or broker reports would show completed transactions.

Key Figures

Proposed sale: 318,893 shares Shares outstanding: 88,114,429 shares Recent sale by Canaan VIII LP: 7,684 shares +2 more

5 metrics

Proposed sale 318,893 shares Form 144 notice (broker: UBS Financial Services Inc)

Shares outstanding 88,114,429 shares as of 05/11/2026

Recent sale by Canaan VIII LP 7,684 shares sold on 03/26/2026 (past 3 months table)

Recent sale by Canaan VIII LP 62,550 shares sold on 03/27/2026 (past 3 months table)

Broker-dealer listed UBS Financial Services Inc broker for proposed sale

Key Terms

Form 144, pre-IPO investment, Securities Sold During The Past 3 Months

3 terms

Form 144 regulatory

"Form type shown as 144: Filer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

pre-IPO investment financial

"Securities To Be Sold line includes 'pre-IPO investment'"

Securities Sold During The Past 3 Months regulatory

"Section lists Canaan VIII LP dispositions on 03/26/2026 and 03/27/2026"

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
Common	UBS Financial Services Inc 1000 Harbor Blvd 3rd Floor Weehawken NJ 07086	318893	15900000	88114429	05/11/2026	NASDAQ

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 *
Common stock	07/26/2018	pre-IPO investment	Company			318893	07/26/2018	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
Canaan VIII LP 700 Fairfield Ave Suite 1 Stamford CT 06902	Common	03/26/2026	7684	285678
Canaan VIII LP 700 Fairfield Ave Suite 1 Stamford CT 06902	Common	03/27/2026	62550	2245280

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 LQDA's Form 144 disclose about the sale volume?

The Form 144 discloses a proposed sale of 318,893 shares. The notice lists the broker-dealer as UBS Financial Services Inc and ties the filing to common stock transactions.

Who is listed as the broker-dealer for the proposed LQDA sales?

The filing lists UBS Financial Services Inc at 1000 Harbor Blvd, Weehawken, NJ. That broker-dealer is named in connection with the proposed sale of 318,893 shares.

Does the filing show prior recent sales by related holders?

Yes. It records prior sales by Canaan VIII LP: 7,684 shares on 03/26/2026 and 62,550 shares on 03/27/2026, listed under "Securities Sold During The Past 3 Months."

What is LQDA's reported shares outstanding in the excerpt?

The excerpt lists shares outstanding as 88,114,429 as of 05/11/2026. That figure appears on the same cover-line that includes the proposed sale amount and broker-dealer.