OSW Files Form 144/A to Sell 10,000 Shares Valued at $219,200
Rhea-AI Filing Summary
OneSpaWorld Holdings Limited (OSW) filed a Form 144/A reporting a proposed sale of 10,000 common shares, representing part of its holdings, with an approximate aggregate market value of $219,200. The filing states there are 102,697,235 shares outstanding and lists an approximate sale date of 08/18/2025 on NASDAQ. The shares were acquired in a private placement on 03/19/2019 from OneSpaWorld Holdings Limited, with 10,000 shares paid for in cash on 09/19/2019. The filer certifies no undisclosed material adverse information and indicates no securities sold in the past three months.
Positive
- None.
Negative
- None.
Insights
TL;DR Routine insider/affiliate sale notice; small relative size versus outstanding shares and fully documented acquisition.
This Form 144/A documents a proposed disposition of 10,000 common shares valued at approximately $219,200 against 102.7 million shares outstanding, which is immaterial on a percentage basis (~0.0097%). The filing supplies acquisition details (private placement 03/19/2019; cash payment 09/19/2019) and an intended sale date of 08/18/2025, and confirms no sales in the prior three months. From a market-impact perspective this appears procedural and unlikely to move share price given the small size.
TL;DR Compliance-focused disclosure; includes required provenance and certification language, reducing legal risk for filer.
The filing includes the required provenance of the shares and payment details, and reiterates the signature representation that no undisclosed material adverse information exists. Such thorough disclosure aligns with Rule 144 requirements and supports adherence to insider-sale regulations. The absence of recent sales is noted, and the clearly stated broker information aids traceability of the transaction.