Planned sale of 349,610 USIO (NASDAQ: USIO) shares disclosed
Rhea-AI Filing Summary
A shareholder in USIO has filed a notice of intent to sell up to 349,610 shares of common stock under Rule 144. The planned sale is to be executed through Raymond James & Associates, Inc. on the Nasdaq, with an approximate sale date of 01/12/2026 and an aggregate market value of 489,454. The issuer has 27,307,839 shares outstanding of the same class of common stock. The seller acquired these 349,610 shares in an open market purchase on 10/01/2024, paid in cash on that date.
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Insights
USIO holder files Rule 144 to sell 349,610 shares via Nasdaq.
A holder of USIO common stock has filed a Rule 144 notice to potentially sell 349,610 shares, with an aggregate market value listed as 489,454. The sale is to be routed through Raymond James & Associates, Inc. on the Nasdaq, with an approximate sale date of
The filing also states that these shares were acquired in an open market purchase on
Rule 144 notices like this describe a potential secondary sale by an existing holder rather than a new issuance by the company. Actual sales volumes and timing will depend on market conditions and the holder’s execution decisions within the disclosed parameters.
FAQ
How many USIO shares are planned for sale under this Rule 144 notice?
The notice covers a potential sale of up to 349,610 shares of USIO common stock.
What is the aggregate market value of the USIO shares in this planned Rule 144 sale?
The filing reports an aggregate market value of 489,454 for the 349,610 USIO common shares listed for potential sale.
When were the USIO shares to be sold under Rule 144 originally acquired?
The 349,610 USIO common shares were acquired on 10/01/2024 through an open market purchase, with payment made in cash on that date.
When is the approximate sale date for the USIO shares in this Rule 144 filing?
The approximate date of sale disclosed is 01/12/2026, with the shares to be sold on the Nasdaq market.
Which broker is handling the planned Rule 144 sale of USIO common stock?
The filing lists Raymond James & Associates, Inc., located at 880 Carillon Parkway, St. Petersburg, FL 33716, as the broker for the planned sale.
How many USIO common shares are outstanding according to this Rule 144 notice?
The Rule 144 tables state that there are 27,307,839 shares of USIO common stock outstanding.