RDW (RDW) holder details planned 739,077-share Rule 144 stock sale
Rhea-AI Filing Summary
RDW stockholder(s) filed a notice of proposed sale under Rule 144 covering 739,077 common shares to be sold through Merrill Lynch on the NYSE, with an approximate aggregate market value of $7,265,126.91. These shares were originally acquired from the issuer in a cash private placement on December 29, 2021.
Over the prior three months, AE Red Holdings, LLC sold 776,556 common shares on January 6, 2026 for $8,110,291.85 and 363,909 shares on January 7, 2026 for $3,669,958.94. Edge Autonomy Ultimate Holdings, LP sold 1,085,507 common shares on January 6, 2026 for $11,336,952.61 and 508,690 shares on January 7, 2026 for $5,130,050.14, against a total of 165,150,783 common shares outstanding.
Positive
- None.
Negative
- None.
FAQ
What representation does the RDW seller make in signing the Form 144 notice?
By signing, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.