RAKR (RAKR) insider plans sale of 837,997 common shares under Rule 144
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
An affiliate of RAKR has filed a notice of intent to sell common shares under Rule 144. The notice covers 837,997 common shares to be sold through RBC Direct Investing on the OTC market, with an aggregate market value of 18,268.00. The issuer has 83,779,728 shares of this class outstanding.
The seller acquired the shares on 01/02/2025 through a conversion of a promissory note from the issuer, relating to services rendered under a consulting agreement, with an acquisition amount shown as 837,799 shares and a payment date of 01/08/2024. By signing the notice, the seller represents that they are not aware of undisclosed material adverse information about the issuer’s current or prospective operations.
Positive
- None.
Negative
- None.
FAQ
What amount of RAKR securities was acquired in the conversion transaction?
The acquisition table shows an amount of securities acquired of 837,799 common shares in the conversion of the promissory note.
What representation does the seller make about information on RAKR?
By signing the notice, the seller represents that they do not know any material adverse information about RAKR’s current or prospective operations that has not been publicly disclosed.