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Sea Ltd (NYSE: SE) investor to sell 30,000 ADS via UBS

(Neutral)
(Neutral)
Form Type
144

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

  • None.
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
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"
Class A ordinary share financial
"ADS, each representing one Class A ordinary share"
A Class A ordinary share is a type of common stock a company issues that carries a specific set of rights—most often particular voting power, dividend terms, or transfer rules—distinct from other share classes. For investors it matters because those rights affect control over company decisions, how income is paid out, and how easy shares are to buy or sell; think of it like a tiered ticket that gives different access and influence at the same event.

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.

How many Sea Ltd (SE) shares are reported as outstanding in this Form 144?

The filing reports 566,956,729 shares outstanding for Sea Ltd. This figure provides context for the relative size of the proposed 30,000 ADS sale compared with the company’s total share base.

What prior transaction involving Sea Ltd (SE) shares is disclosed in the last three months?

The Form 144 notes that 30,000 Class A ordinary shares were transferred on 12/08/2023 via a distribution in kind by Peacebright Assets Limited, reported under securities sold during the past three months.

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.

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Learn about SEC filing dates

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