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Rigetti Computing (RGTI) holder files to sell warrants after prior stock sales

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Rigetti Computing shareholder Michael Clifton has filed a notice to sell additional securities. The filing covers a planned sale of 50,000 Rigetti Computing warrants through broker Piper Sandler & Co. on Nasdaq, with an aggregate market value of $374,000.

These warrants were originally acquired on March 2, 2022 as sponsor promote warrants from the issuer. As context, over the prior three months Clifton sold 150,000 shares of common stock for $4,100,805 and 100,000 warrants for $1,644,030. Rigetti had 330,026,078 shares outstanding at the time referenced.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does Rigetti Computing (RGTI) Form 144 filed by Michael Clifton disclose?

The Form 144 discloses that Michael Clifton plans to sell 50,000 Rigetti Computing warrants on Nasdaq through Piper Sandler & Co. It also details his recent three‑month sales of common stock and warrants, including amounts sold and total gross proceeds received.

How many Rigetti Computing (RGTI) warrants are planned for sale under this Form 144?

The filing covers a planned sale of 50,000 Rigetti Computing warrants. These warrants are to be sold through Piper Sandler & Co. and have an aggregate market value of $374,000 based on the information given in the document’s securities information table.

What Rigetti Computing (RGTI) securities has Michael Clifton sold in the past three months?

Over the past three months, Michael Clifton sold 150,000 shares of Rigetti Computing common stock for gross proceeds of $4,100,805 and 100,000 Rigetti warrants for gross proceeds of $1,644,030, as reported in the Form 144 sales history section.

When and how did Michael Clifton acquire the Rigetti Computing (RGTI) warrants being sold?

The 50,000 Rigetti warrants were acquired on March 2, 2022 via a sponsor promote warrants transaction from the issuer. The filing notes both the acquisition date and that the full amount of 50,000 warrants was obtained in that single transaction.

On which exchange and through which broker will the Rigetti Computing (RGTI) warrants be sold?

The planned warrant sale is to occur on the Nasdaq exchange. Piper Sandler & Co., based in Minneapolis, is listed in the Form 144 as the broker handling the transaction for the 50,000 Rigetti Computing warrants to be sold.

How many Rigetti Computing (RGTI) shares were outstanding as referenced in the Form 144?

The document states that 330,026,078 shares of Rigetti Computing were outstanding for the class of securities referenced. This figure appears alongside the warrant sale details as part of the securities information table in the filing.
Rigetti Computing Inc

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United States
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