[144] Micropolis Holding Co SEC Filing
Micropolis Holding Co (MCRP) filed a Form 144 notifying the proposed sale of 150,000 ordinary shares through Charles Schwab & Co., with an aggregate market value of $211,500. The shares are scheduled for sale about 09/30/2025 on the NYSE American. The filer reports the shares were acquired in a private placement on 09/05/2020 from the issuer and paid in cash on that date. The filing states there were 30,000,000 shares outstanding. The notice includes the required representation that the seller has no undisclosed material adverse information.
- Form 144 filed with full required details including broker, quantity, aggregate value, and sale date
- Securities provenance disclosed: acquired in a private placement on 09/05/2020 and paid in cash
- Filer represents no undisclosed material adverse information, aligning with Rule 144 attestation requirements
- None.
Insights
TL;DR: Routine Rule 144 notice disclosing a small planned sale of 150,000 shares, providing transaction provenance and scheduled sale date.
The filing supplies required Rule 144 details: class, broker, quantity, aggregate value, outstanding shares, acquisition date and method, and payment terms. From the data given, 150,000 shares represent approximately 0.5% of the reported 30,000,000 shares outstanding, indicating the sale is small relative to the companys capitalization. The clear documentation of a private placement acquisition and cash payment reduces ambiguity about the origin and basis for the securities being sold.
TL;DR: The filing appears procedurally complete and meets disclosure expectations under Rule 144.
The notice includes the customary seller representation regarding absence of undisclosed material adverse information and references trading-plan language. It identifies the broker and market, which supports transparency around execution. The filing does not disclose any related-party aggregation or prior sales in the past three months, as indicated by "Nothing to Report." No governance or compliance issues are raised by the content provided.