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SHMD (NASDAQ) Form 144: 10,000-share proposed sale, de‑SPAC exchange noted

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

SHMD: Notice of proposed sale of Ordinary Shares The excerpt is a Form 144 filing showing proposed sale activity tied to Ordinary Shares listed on Nasdaq. It records a 10,000 share line item with a value of $72,400.00 and references an exchange of 177,084 shares dated 04/30/2024 described as "Exchange of shares in connection with de-SPAC business combination" with SCHMID GROUP N.V/PEGASUS DIGITAL MOBILITY ACQ CORP. Dates appearing include 04/30/2024 and 05/20/2026. The filing lists the securities as "Merger consideration" or "Securities exchange / Merger consideration."

Positive

  • None.

Negative

  • None.

Insights

Form 144 documents proposed resale tied to a de-SPAC exchange; timing and proceeds treatment are not fully detailed here.

The excerpt lists a proposed sale of 10,000 shares valued at $72,400.00 and separately shows 177,084 shares exchanged on 04/30/2024 as merger consideration. The language identifies the event as a securities exchange in a de‑SPAC business combination.

Filing mechanics such as who will receive proceeds, the method of sale, and whether resale is subject to lockups or Rule 144 volume limits are not shown in the excerpt; subsequent disclosures or broker documentation would specify execution and settlement details.

Proposed sale 10,000 shares Form 144 line item associated with Nasdaq listing
Listed value $72,400.00 Value shown alongside the 10,000-share line (05/20/2026)
De‑SPAC exchange 177,084 shares Exchange dated 04/30/2024 described as merger consideration
Exchange date 04/30/2024 Date tied to the 177,084-share exchange in connection with the de‑SPAC
Filing reference date 05/20/2026 Date appearing adjacent to security line items in the excerpt
Exchange counterparties SCHMID GROUP N.V / PEGASUS DIGITAL MOBILITY ACQ CORP Named parties in the merger/exchange line
Form 144 regulatory
" "Filer Information" and form heading showing proposed sale notice"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
de‑SPAC business combination financial
" "Exchange of shares in connection with de-SPAC business combination""
Merger consideration financial
" "Securities exchange / Merger consideration""
Merger consideration is the total payment a company or buyer offers to shareholders of a target company in exchange for combining the two businesses, and can include cash, shares in the surviving company, debt assumption, or a mix of these. Investors care because the form and amount affect the deal’s value, tax consequences, immediate cash received versus future ownership, and the risk and upside of holding new shares — similar to choosing between cash now or stock that could grow later.

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

FAQ

What does SHMD's Form 144 filing report?

It reports a proposed sale of 10,000 Ordinary Shares with a listed value of $72,400.00. The excerpt also references an exchange of 177,084 shares on 04/30/2024 tied to a de‑SPAC business combination.

Does the filing state how proceeds will be used?

The excerpt does not state a use of proceeds. It classifies the securities as "Merger consideration" and "Securities exchange / Merger consideration" without mentioning recipient treatment or intended use of sale proceeds.

Which transaction dates are shown in the SHMD excerpt?

The excerpt shows two dates: 04/30/2024 for the share exchange in connection with the de‑SPAC business combination and 05/20/2026 associated with the filing line for the Ordinary Shares.

How many shares were exchanged in the de‑SPAC transaction?

The excerpt lists an exchange of 177,084 shares on 04/30/2024, described as part of the de‑SPAC business combination involving SCHMID GROUP N.V and PEGASUS DIGITAL MOBILITY ACQ CORP.

Is the Form 144 an executed sale or a notice of proposed sale for SHMD?

Form 144 is a notice of proposed sale. The excerpt shows proposed sale reporting (the 10,000 share line and associated value) and records prior exchange activity; execution details are not included here.