Rigetti Computing (RGTI) holder files to sell warrants after prior stock sales
Filing Impact
Filing Sentiment
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.
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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.