Newegg affiliate plans $3.7M stock sale via UBS
Newegg Commerce, Inc. (NEGG) is the issuer of common stock that Tekhill USA LLC, identified as an affiliate, intends to sell under Rule 144.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Newegg Commerce, Inc. (NEGG) is the issuer of common stock that Tekhill USA LLC, identified as an affiliate, intends to sell under Rule 144. The notice covers up to 229,248 common shares of Newegg to be sold through UBS Financial Services Inc., with an aggregate market value of $3,732,157.44. Newegg had 20,974,000 common shares outstanding as of the filing reference, and the shares to be sold were acquired from the issuer in a merger on May 19, 2021. Tekhill USA LLC has already sold smaller blocks of Newegg shares in the prior three months.
Key Figures
Key Terms
Rule 144 regulatory
affiliate regulatory
aggregate market value financial
attorney-in-fact regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Form 144 filed for NEGG by Tekhill USA LLC disclose?
Who signed the NEGG Form 144 for Tekhill USA LLC?
AI-generated analysis. How Rhea-AI works. Not financial advice.