RAKR shareholder plans sale of 837,997 common shares on OTC
Rhea-AI Filing Summary
A shareholder of RAKR has filed a notice of proposed sale under Rule 144 for up to 837,997 common shares. The filing lists an aggregate market value of $19,504.00 for these shares and indicates an approximate sale date of 01/05/2026 through the OTC market using broker Wilson-Davis in Salt Lake City, Utah. The filing also notes that 83,799,728 common shares were outstanding at the time referenced, providing context for the size of the planned sale. The shares to be sold were acquired on 01/08/2024 via a note conversion from the issuer in exchange for services rendered, with a payment date of 01/04/2024.
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FAQ
What does the RAKR Form 144 filing disclose?
The Form 144 filing for RAKR discloses that a shareholder intends to sell up to 837,997 common shares on the OTC market through broker Wilson-Davis.
How many RAKR shares are planned to be sold and what is their market value?
The filing reports that up to 837,997 common shares are to be sold, with an aggregate market value of $19,504.00 for those shares.
How many RAKR shares were outstanding at the time referenced in the Form 144?
The notice states that there were 83,799,728 common shares outstanding, giving context to the size of the proposed sale.
When were the RAKR shares to be sold acquired and how were they obtained?
The shares were acquired on 01/08/2024 via a note conversion from the issuer, in connection with services rendered, with a payment date of 01/04/2024.
On which market and through which broker are the RAKR shares expected to be sold?
The filing indicates an approximate sale date of 01/05/2026 and names the OTC market and broker Wilson-Davis, located in Salt Lake City, Utah.
What type of securities are covered in this RAKR Form 144 notice?
The notice covers common shares of RAKR, specifying the class as common stock in the securities information section.