MCRP shareholder (NYSE: MCRP) plans sale of 300,000 shares
Rhea-AI Filing Summary
Form 144 for MCRP reports a planned sale of 300,000 ordinary shares. The shares are to be sold through Charles Schwab & Co. on the NYSE, with an aggregate market value of $777,000 based on the filing. The filing notes that 30,000,000 ordinary shares are outstanding.
The seller acquired these 300,000 ordinary shares on 03/14/2023 for cash consideration in a private placement from the issuer, with payment made on the same date. The notice also lists multiple prior sales of ordinary shares by the same individual over the past three months, each with specific trade dates, share amounts, and gross proceeds.
By signing the notice, the seller represents that they do not know of any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, and acknowledges that intentional misstatements or omissions can constitute federal criminal violations.
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FAQ
How many MCRP ordinary shares are planned to be sold in this Form 144?
The Form 144 covers a planned sale of 300,000 ordinary shares of MCRP, to be sold through Charles Schwab & Co. on the NYSE.
What is the aggregate market value of the MCRP shares in this Form 144?
The filing states an aggregate market value of $777,000 for the 300,000 ordinary shares to be sold.
How many MCRP shares are outstanding according to this Form 144?
The Form 144 notes that there are 30,000,000 ordinary shares outstanding for the issuer at the time referenced.
When and how were the 300,000 MCRP shares being sold acquired?
The 300,000 ordinary shares were acquired on 03/14/2023 for cash consideration in a private placement from the issuer, with payment made on the same date.
Which broker will handle the sale of the MCRP shares in this Form 144?
The planned sale of 300,000 ordinary shares will be executed through Charles Schwab & Co., with the shares listed on the NYSE.
Does this MCRP Form 144 show any recent prior share sales by the same holder?
Yes. The notice lists multiple prior sales of ordinary shares by the same individual over the past three months, each with a date of sale, amount of shares sold, and gross proceeds.
What representation does the seller make about undisclosed information in this MCRP Form 144?
By signing, 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 is reminded that intentional misstatements or omissions are federal criminal violations.