OFAL (NASDAQ) affiliate notifies SEC of 1.73M-share resale plan
Rhea-AI Filing Summary
OFAL affiliate submitted a Form 144 to sell 1,730,000 shares of Common Stock. The filing lists 05/27/2026 and shows multiple recent dispositions by Tricore Foundation LLC through agent Yuanyi Wen, including sales on 05/26/2026 (153,511 shares) and 05/22/2026 (117,769 shares). The filing records the class as Founders Shares.
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Insights
Form 144 notifies the market of an affiliate's proposed resale of common shares.
Form 144 is a notice required when an affiliate intends to sell restricted or control stock in reliance on Rule 144. The filing here lists 1,730,000 shares and recent completed dispositions by an affiliated entity on 05/26/2026 and other dates.
Timing and methods of any future sales are not detailed in the excerpt; subsequent filings or broker reports would show actual resale activity and cash‑flow treatment.