Zevia (ZVIA) holder files to sell 3.5M Class A shares via Rule 144
Rhea-AI Filing Summary
Zevia PBC has a shareholder planning to sell Class A common stock under Rule 144. The notice covers 3,500,000 shares with an aggregate market value of $7,175,000, to be sold through BMO Capital Markets on the NYSE, with 67,389,166 shares outstanding.
The shares trace back to a December 21, 2020 cash purchase of Series E Preferred Units in Zevia LLC, which were later converted into Zevia PBC Class A common stock in connection with the company’s IPO.
Positive
- None.
Negative
- None.