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OPI (NASDAQ: OPI) holder plans 1,000,000-share resale via BTIG on NASDAQ

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

OPI has a notice of proposed resale covering up to 1,000,000 Common Shares of Beneficial Interest, to be sold through BTIG, LLC on NASDAQ by 08/06/2026. The shares were received directly from the issuer pursuant to a Bankruptcy Court Order dated 06/17/2026, with an associated value of $19,710,000.00.

Positive

  • None.

Negative

  • None.
Shares proposed for resale 1,000,000 shares Common Shares of Beneficial Interest covered by the Form 144 notice
Associated share value $19,710,000.00 Value associated with the 1,000,000 Common Shares of Beneficial Interest
Proposed sale completion date 08/06/2026 Date by which the covered shares are proposed to be sold on NASDAQ
Date shares received 06/17/2026 Shares received directly from issuer pursuant to Bankruptcy Court Order
Common Shares of Beneficial Interest financial
"Common Shares of Beneficial Interest | BTIG, LLC 350 BUSH STREET..."
Common Shares of Beneficial Interest are units that represent ownership in a company or organization, like owning a piece of a pie. They give investors voting rights and a chance to share in profits, making them important for those looking to invest and have a say in how the organization is run.
Bankruptcy Court Order regulatory
"06/17/2026 | Bankruptcy Court Order. | The shares were received..."
Form 144 regulatory
"144: Securities Information Common Shares of Beneficial Interest..."
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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What does the Form 144 filing for OPI disclose?

The filing discloses a proposed resale of 1,000,000 Common Shares of Beneficial Interest of OPI through BTIG, LLC on NASDAQ, with an associated value of $19,710,000.00 and a proposed sale completion by 08/06/2026.

How many OPI shares are covered by this Form 144 notice?

The notice covers up to 1,000,000 Common Shares of Beneficial Interest. These shares are proposed for resale via BTIG, LLC on NASDAQ, with an associated value of $19,710,000.00 as referenced in the filing.

What is the stated value of the OPI shares in the Form 144 filing?

The filing lists an associated value of $19,710,000.00 for the 1,000,000 Common Shares of Beneficial Interest. This figure provides a reference value for the proposed resale of the OPI shares.

Who is handling the proposed sale of OPI shares in this Form 144?

The proposed resale of OPI shares is to be handled by BTIG, LLC, located at 350 Bush Street, 9th Floor, San Francisco, CA 94104. The shares are expected to be traded on NASDAQ according to the filing.

How were the OPI shares in this Form 144 obtained?

The 1,000,000 OPI Common Shares of Beneficial Interest were received directly from the issuer pursuant to a Bankruptcy Court Order dated 06/17/2026, as specified in the remarks section of the filing.

What key dates are associated with the OPI Form 144 filing?

Key dates include 06/17/2026, when the shares were received under a Bankruptcy Court Order, and 08/06/2026 as the date by which the 1,000,000 OPI shares are proposed to be sold on NASDAQ.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature