Revolve (NYSE: RVLV) holder MMMK Development files to sell 200,000 shares under Rule 144
Rhea-AI Filing Summary
MMMK Development, Inc. has filed a notice of proposed sale for 200,000 shares of Revolve Inc. common stock under Rule 144. The shares are planned to be sold through Goldman Sachs & Co. LLC on the NYSE, with an indicated aggregate market value of
The shares to be sold were originally acquired on
Positive
- None.
Negative
- None.
FAQ
What does MMMK Development plan to do in this Form 144 related to RVLV?
MMMK Development, Inc. has notified regulators that it plans to sell 200,000 shares of Revolve Inc. common stock under Rule 144. This is a proposed secondary sale by an existing holder, not a new share issuance by Revolve.
How large is the planned MMMK Development share sale compared with Revolve (RVLV) shares outstanding?
The notice states that Revolve had 40,415,438 common shares outstanding. MMMK Development’s planned sale involves 200,000 shares, giving investors a sense of scale relative to the total share count.
When and how did MMMK Development acquire the Revolve (RVLV) shares it plans to sell?
The filing shows the 200,000 shares of Revolve common stock were acquired on
Which broker will handle MMMK Development’s planned sale of Revolve (RVLV) stock?
The proposed sales are to be executed through Goldman Sachs & Co. LLC, located at 200 West Street, New York, NY 10282, with the shares listed for trading on the NYSE.
What recent Revolve (RVLV) stock sales has MMMK Development already completed?
During the past three months, MMMK Development sold 23,152 shares of Revolve common stock on
Does the MMMK Development Form 144 for RVLV make any representation about undisclosed bad news?
The signer represents that they do not know of any material adverse information about Revolve’s current or prospective operations that has not been publicly disclosed, as required in the notice.
Is the MMMK Development transaction a new capital raise for Revolve (RVLV)?
No. The notice describes a planned resale of existing shares held by MMMK Development under Rule 144. It does not describe Revolve issuing new shares or raising new capital.