Planet 13 (PLNH) schedules Rule 144 resale of 1M common shares

Rhea-AI Filing Summary

A holder of Planet 13 Holdings Inc. has filed a Form 144 notice to sell up to 1,000,000 common shares. The planned sale is to be executed through Garwood Securities on a Canadian exchange, with an indicated aggregate market value of $200,000.00. The notice states that there were 325,363,800 shares of the same class outstanding at the time referenced, which serves as a baseline figure for the company’s share count.

The shares to be sold were originally acquired on June 11, 2018 in a business combination with MM Development Company, Inc., via a transfer of ownership from Planet 13 Holdings Inc. The person for whose account the securities are to be sold represents that they are not aware of any undisclosed material adverse information about Planet 13’s current or prospective operations.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Shares	Garwood Securities 1250 East Diehl Rd Ste 115 Naperville IL 60563	1000000	200000.00	325363800	12/03/2025	Canadian Exchange

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Shares	06/11/2018	Business Combination with MM Development Company, Inc.	Planet 13 Holdings Inc.			11891000	06/11/2018	Transfer of Ownership

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Planet 13 (PLNH) Form 144 filing disclose?

The Form 144 filing discloses that a holder of Planet 13 Holdings Inc. intends to sell up to 1,000,000 common shares under Rule 144, providing advance notice of a planned resale of restricted or control securities.

How many Planet 13 (PLNH) shares are planned for sale and at what value?

The notice covers a proposed sale of 1,000,000 common shares of Planet 13 Holdings Inc., with an indicated aggregate market value of $200,000.00.

On which exchange and through which broker will the Planet 13 (PLNH) shares be sold?

The filing states that the common shares are to be sold on a Canadian exchange through Garwood Securities, located in Naperville, Illinois.

When were the Planet 13 (PLNH) shares being sold originally acquired?

The shares covered by the Form 144 were acquired on June 11, 2018 in a business combination with MM Development Company, Inc. via a transfer of ownership from Planet 13 Holdings Inc.

How many Planet 13 (PLNH) common shares were outstanding at the time referenced in the Form 144?

The Form 144 indicates that there were 325,363,800 common shares of Planet 13 Holdings Inc. outstanding for the class of securities referenced.

What representation does the selling holder make in the Planet 13 (PLNH) Form 144?

The person for whose account the securities are to be sold represents that they do not know of any material adverse information about Planet 13’s current or prospective operations that has not been publicly disclosed.