Sea Ltd (NYSE: SE) investor to sell 30,000 ADS via UBS
Rhea-AI Filing Summary
Sea Ltd (symbol SE) has a notice of proposed sale under Rule 144 for 30,000 ADS, each representing one Class A ordinary share, through UBS Securities LLC on the NYSE. The filing lists an aggregate market value of approximately $3,583,500 for these securities and notes 566,956,729 shares outstanding. It also records that 30,000 Class A ordinary shares were previously transferred on 12/08/2023 as a distribution in kind by Peacebright Assets Limited.
Positive
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Negative
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Key Figures
ADS to be sold: 30,000 ADS
Aggregate market value: $3,583,500.00
Shares outstanding: 566,956,729 shares
+1 more
4 metrics
ADS to be sold
30,000 ADS
Proposed sale amount under Rule 144
Aggregate market value
$3,583,500.00
Value associated with 30,000 ADS proposed for sale
Shares outstanding
566,956,729 shares
Shares outstanding for the issuer as reported
Prior distribution in kind
30,000 Class A ordinary shares
Distribution in kind on 12/08/2023 by Peacebright Assets Limited
Key Terms
Rule 144, ADS, distribution in kind, Class A ordinary share
4 terms
Rule 144 regulatory
"has a notice of proposed sale under Rule 144 for 30,000 ADS"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
ADS financial
"ADS, each representing one Class A ordinary share"
Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.
distribution in kind financial
"30,000 Class A ordinary shares were previously transferred as a distribution in kind"
FAQ
What does Sea Ltd (SE) report in this Form 144 filing?
Sea Ltd reports a planned sale under Rule 144 of 30,000 ADS, each representing one Class A ordinary share, with an indicated aggregate market value of about $3,583,500, to be executed through UBS Securities LLC on the NYSE.
How many Sea Ltd (SE) ADS are proposed to be sold and on which market?
The filing proposes the sale of 30,000 ADS of Sea Ltd, each representing one Class A ordinary share. These securities are listed for trading on the NYSE, with UBS Securities LLC named in the filing.
What aggregate market value is associated with the Sea Ltd (SE) ADS sale in the Form 144?
The Form 144 lists an aggregate market value of about $3,583,500 for the 30,000 ADS of Sea Ltd proposed for sale, giving investors a sense of the approximate size of the potential secondary transaction.
Who is the broker or dealer named in Sea Ltd’s (SE) Form 144 transaction?
The filing identifies UBS Securities LLC, located at 1285 Avenue of the Americas, New York, NY 10019, in connection with the proposed sale of 30,000 ADS of Sea Ltd on the NYSE.
AI-generated analysis. How Rhea-AI works. Not financial advice.