[144] QuantaSing Group Limited American SEC Filing

Rhea-AI Filing Summary

QuantaSing Group Limited (QSG) filed a Form 144 signaling an intent to sell up to 5,926 American Depositary Receipts (ADRs) through Morgan Stanley Smith Barney on or about 06/25/2025.

The proposed sale carries an aggregate market value of $54,557.72, equating to roughly 0.0019 % of the company’s 311,328,381 shares outstanding. The shares were originally acquired on 04/23/2018 via a private purchase from the issuer for cash. No other sales by this holder have occurred during the past three months.

Given the very small size relative to QuantaSing’s float, the notice appears immaterial to valuation or liquidity and is largely a routine compliance disclosure under Rule 144.

Insights

Securities Analyst

Tiny insider sale; negligible market impact.

The Form 144 covers only 5,926 ADRs worth about $55k—far below the 1 % threshold typically deemed material. With no prior three-month sales and confirmation of no undisclosed adverse information, this looks like a standard liquidity move rather than a bearish signal. I assign a neutral rating because the transaction is too small to affect price or ownership structure.

Corporate Governance Expert

Routine compliance filing, no governance concerns.

The filer meets Rule 144 holding-period requirements and uses a well-known broker, indicating normal corporate practice. Missing filer identity details limit transparency but are legally acceptable. There are no red flags regarding control, board influence, or undisclosed information, so the governance impact is neutral.

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

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
ADR	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	5926	54557.72	311328381	06/25/2025	NASDAQ

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 *
ADR	04/23/2018	Private Acquisition from Issuer/Affiliate	Issuer			5926	04/23/2018	Cash

* 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

How many QuantaSing Group (QSG) ADRs are being proposed for sale?

The Form 144 covers 5,926 ADRs.

What is the aggregate market value of the QSG ADRs to be sold?

The filing lists an aggregate value of $54,557.72.

What percentage of QuantaSing’s outstanding shares does the sale represent?

Approximately 0.0019 % of the 311,328,381 shares outstanding.

When is the approximate sale date for these ADRs?

The sale is expected on or about June 25, 2025.

Which broker is handling the proposed ADR sale?

Morgan Stanley Smith Barney LLC Executive Financial Services is named as the broker.

Have there been any other insider sales in the past three months?

The Form 144 states "Nothing to Report" for prior three-month sales.