LTH company (NYSE: LTH) files Form 144 for potential 3.38M-share stock sale
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.
Key Figures
Shares proposed for sale: 3,378,564 shares
Aggregate market value: $154,400,374.8
Shares outstanding: 223,461,948 shares
+4 more
7 metrics
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
Key Terms
Form 144, private placement, registered offering, Conversion of Series A preferred stock
4 terms
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.
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.