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 5,300,000. Revolve had 40,415,438 common shares outstanding, providing context for the size of this planned sale.
The shares to be sold were originally acquired on 06/06/2019 directly from the issuer in a public offering, with 200,000 shares purchased and paid for on that date. Over the past three months, MMMK Development has already sold a total of 90,000 Revolve shares in two transactions, generating gross proceeds of 600,451.75 and 1,782,876.27. The filer represents that they are not aware of any undisclosed material adverse information about Revolve.
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FAQ
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 12/02/2025 for gross proceeds of 600,451.75, and 66,848 shares on 12/03/2025 for gross proceeds of 1,782,876.27.
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.