Yuanbao holder to sell 323,914 ADRs on Nasdaq
A 10% stockholder of Yuanbao Inc. filed to sell 323,914 ADRs under Rule 144, with an aggregate market value of about $4.4 million.
Rhea-AI Filing Summary
Yuanbao Inc. (YB) has a notice filed under Rule 144 for a planned resale of its securities. Lunar Link Limited, identified as a 10% stockholder, plans to sell 323,914 American Depositary Receipts (ADRs) of Yuanbao Inc. through Morgan Stanley Smith Barney LLC on NASDAQ, with an aggregate market value of $4,418,186.96.
The filing states that these 323,914 ADRs were acquired on October 19, 2023 in a Private Acquisition from Issuer/Affiliate for cash from Yuanbao Inc. Shares outstanding are listed as 32,391,451 ADRs, and the approximate date of sale is given as September 10, 2026.
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Key Figures
Key Terms
Rule 144 regulatory
ADR financial
aggregate market value financial
Private Acquisition from Issuer/Affiliate financial
FAQ
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What does the Form 144 filing mean for Yuanbao Inc. (YB)?
How many Yuanbao Inc. (YB) ADRs are planned to be sold and what is their value?
When and how did the seller acquire the Yuanbao Inc. (YB) ADRs?
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On which exchange will the Yuanbao Inc. (YB) ADRs be sold and through which broker?
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