STOCK TITAN

LTH company (NYSE: LTH) files Form 144 for potential 3.38M-share stock sale

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

A holder associated with ticker LTH filed a notice of proposed sale on Form 144 for up to 3,378,564 shares of common stock, $0.01 par value per share. The shares have an aggregate market value of $154,400,374.8, with 223,461,948 shares outstanding and an anticipated sale date of July 31, 2026 on the NYSE.

The filing also lists how these shares were originally acquired, including purchases in a private placement and a registered offering and a conversion of Series A preferred stock.

Positive

  • None.

Negative

  • None.
Shares proposed for sale 3,378,564 shares Common stock, $0.01 par value per share, covered by Form 144
Aggregate market value $154,400,374.8 Value of 3,378,564 shares proposed for sale
Shares outstanding 223,461,948 shares Outstanding common shares in relation to proposed Form 144 sale
Anticipated sale date 07/31/2026 Approximate date the shares may be sold on the NYSE
Private placement acquisition 3,000,000 shares Common stock purchased in private placement on 07/03/2019
Registered offering acquisition 227,777 shares Common stock purchased in registered offering on 10/12/2021
Conversion of Series A preferred 150,787 shares Common stock from conversion tied to obligation discharged 01/11/2021
Form 144 regulatory
"A holder associated with ticker LTH filed a notice of proposed sale on Form 144"
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.
private placement financial
"including purchases in a private placement and a registered offering"
A private placement is a sale of securities directly to a selected group of investors, typically institutions or accredited investors, instead of through a public offering. It lets a company raise money faster and with fewer regulatory steps; for existing shareholders it matters because the newly issued shares, often sold at a discount, increase the share count and can dilute their ownership.
registered offering financial
"including purchases in a private placement and a registered offering"
A registered offering is the public sale of a company’s stocks or bonds that has been filed with and approved by the securities regulator, accompanied by an official disclosure document (prospectus). It matters to investors because the required disclosures provide a clear, regulator‑approved “brochure” about the deal — helping buyers assess risk, potential dilution of existing shares, and how the company plans to use the proceeds, similar to reading a menu before ordering.
Conversion of Series A preferred stock financial
"Conversion of Series A preferred stock | Issuer | | | 150787"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What does the Form 144 filing for LTH indicate?

The Form 144 filing for LTH indicates an intent to potentially sell up to 3,378,564 shares of common stock. This is a notice of a proposed sale, not a guarantee that all shares will be sold.

How many LTH shares are covered by the proposed sale?

The notice covers up to 3,378,564 shares of LTH common stock. These shares have an aggregate market value of $154,400,374.8 based on the price assumptions used in the filing.

What is the aggregate market value of the LTH shares on Form 144?

The proposed sale of LTH common stock on Form 144 has an aggregate market value of $154,400,374.8. This figure reflects the filer’s valuation for the 3,378,564 shares covered by the notice.

How many LTH shares are outstanding compared to the amount on Form 144?

There are 223,461,948 LTH common shares outstanding, compared with 3,378,564 shares covered by the Form 144. The outstanding figure is a baseline share count, not the amount being sold.

When could the LTH Form 144 shares be sold?

The filing lists an anticipated sale date of July 31, 2026 for the LTH shares. This date reflects when the filer may begin selling, subject to applicable securities law requirements and market conditions.

How were the LTH shares on Form 144 originally acquired?

The LTH shares referenced in Form 144 were acquired through a private placement on 07/03/2019, a registered offering on 10/12/2021, and a conversion of Series A preferred stock related to an obligation discharged on 01/11/2021.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature