Affiliate sale notice: 3,750,000 shares proposed (NASDAQ: MLTX)

Rhea-AI Filing Summary

The filing discloses a proposed sale of 3,750,000 shares of Common Stock on NASDAQ. The record shows an aggregate offering price of $63,487,500.00 and a reported position of 71,727,875 shares with an as of date of 03/31/2026. The shares include 18,501,284 shares identified as merger consideration acquired on 04/05/2022.

Insights

Securities Counsel

Form 144 notifies the SEC of an affiliate's intent to sell registered shares.

Form 144 is a regulatory notice required when affiliates propose certain sales of restricted or control securities under Rule 144. The filing lists the proposed quantity, an aggregate offering price, and an ownership snapshot tied to a specific date.

Timing and execution method are not detailed in the excerpt; subsequent public sale activity will appear in broker reports or Form 4/Form 5 filings if applicable.

Key Figures

Shares proposed to be sold: 3,750,000 shares Aggregate offering price: $63,487,500.00 Reported position: 71,727,875 shares +1 more

4 metrics

Shares proposed to be sold 3,750,000 shares Listed under Securities To Be Sold

Aggregate offering price $63,487,500.00 Associated with the proposed sale

Reported position 71,727,875 shares Position listed with date <date>03/31/2026</date>

Merger consideration shares 18,501,284 shares Acquired on <date>04/05/2022</date> as merger consideration

Key Terms

Form 144, merger consideration, aggregate offering price

3 terms

Form 144 regulatory

"Proposed sale notice for affiliate sales of restricted/control stock"

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.

merger consideration financial

"Merger consideration relating to the Issuer's business combination"

Merger consideration is the total payment a company or buyer offers to shareholders of a target company in exchange for combining the two businesses, and can include cash, shares in the surviving company, debt assumption, or a mix of these. Investors care because the form and amount affect the deal’s value, tax consequences, immediate cash received versus future ownership, and the risk and upside of holding new shares — similar to choosing between cash now or stock that could grow later.

aggregate offering price financial

"63487500.00 listed next to the proposed sale quantity"

The aggregate offering price is the total dollar amount that will be raised if all the securities in an offering are sold at the stated offering price, before fees or expenses are taken out. Investors use it to gauge the size of the fundraising and its potential effects—such as how much cash the company will get and how much existing ownership might be reduced—similar to totaling every item’s price in a shopping cart to see the full bill.

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

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 Stock	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	3750000	63487500.00	71727875	03/31/2026	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	04/05/2022	Acquired upon the automatic conversion of private shares in connection with the consummation of the Issuer's business combination on April 5, 2022. The private shares were acquired and fully paid for on May 4, 2021.	Issuer			18501284	04/05/2022	Merger consideration relating to the Issuer's business combination which occurred on April 5, 2022

* 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

Nothing to Report

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 the MLTX Form 144 disclose?

The filing discloses a proposed sale of 3,750,000 shares of Common Stock and an aggregate offering price of $63,487,500.00. It also lists ownership and acquisition details with an as of date of 03/31/2026.

Who appears as the broker or placement agent in the MLTX Form 144?

The excerpt names Goldman Sachs & Co. LLC with an address at 200 West Street, New York. The filing shows broker identification but does not describe sales mechanics or timing in this excerpt.

Are these MLTX shares newly issued or from a prior merger?

The filing states 18,501,284 shares were acquired upon automatic conversion as merger consideration on 04/05/2022. That line ties a portion of the holdings to the issuer's business combination.

Does the Form 144 indicate when the sale will occur?

No specific sale date or execution timetable is provided in the excerpt. The document shows the proposed quantity and an as of date of 03/31/2026, but not the timing of transactions.

Will this Form 144 change MLTX's outstanding share count?

The filing reports an ownership snapshot of 71,727,875 shares as of 03/31/2026. It does not state any change to authorized or outstanding shares; it only notifies of a proposed affiliate sale.