ONON (NYSE: ONON) holder files Rule 144 to sell 49,800 shares
Rhea-AI Filing Summary
ONON filed a notice under Rule 144 for a proposed resale of restricted securities. The filing covers the planned sale of 49,800 Class A Ordinary Shares, which were acquired from the issuer in a private transaction on 12/21/2017. The shares are expected to be sold around 12/30/2025 through Goldman Sachs & Co. LLC on the NYSE. The filing notes that 296,675,361 Class A Ordinary Shares are outstanding. Over the past three months, the selling holder, Martin Hoffmann, has already sold multiple blocks of Class A Ordinary Shares, including 40,000 shares on 12/05/2025 for gross proceeds of 1,905,104.56 and 25,000 shares on 11/28/2025 for 1,099,825.00.
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FAQ
What does the ONON Rule 144 filing disclose?
The filing discloses that an existing holder has filed a Rule 144 notice to sell 49,800 restricted Class A Ordinary Shares of ONON on the open market through a broker.