Large CRML (NASDAQ: CRML) Rule 144 filing covers 5M shares at $73.8M

Rhea-AI Filing Summary

A holder of CRML ordinary shares has filed a notice of proposed sale under Rule 144. The notice covers 5,000,000 ordinary shares, to be sold through BMO Capital Markets Corp. on the NASDAQ. The filing lists an aggregate market value of $73,800,000 for these shares. It also notes that 121,464,807 shares of this class were outstanding and that the seller acquired the 5,000,000 shares from the issuer on 02/27/2024, with payment made on the same date.

Insights

Equity capital markets analyst

Large Rule 144 sale notice for 5,000,000 CRML shares.

The filing indicates that a holder of CRML ordinary shares has filed a Rule 144 notice covering 5,000,000 shares, with an aggregate market value of $73,800,000.00. The broker named is BMO Capital Markets Corp., and the shares are listed for sale on NASDAQ. The notice is a regulatory step that permits public resale of restricted or control securities, subject to Rule 144 conditions.

The securities to be sold were acquired from the issuer on 02/27/2024, with the same date listed for payment and an acquisition amount of 5,000,000 ordinary shares. The document also states that 121,464,807 shares of this class were outstanding, providing context for the size of the proposed sale. Actual market impact, if any, would depend on whether, when, and how these shares are sold under the plan described.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Ordinary Shares	BMO Capital Markets Corp. 151 West 42nd Street New York, NY 10036	5000000	73800000.00	121464807	01/14/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Ordinary Shares	02/27/2024	See Note 2	Issuer			5000000	02/27/2024	See Note 2

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the CRML Form 144 filing disclose?

It discloses that a holder of CRML ordinary shares has filed a Rule 144 notice to sell 5,000,000 shares on NASDAQ through BMO Capital Markets Corp..

How many CRML shares are covered by this planned Rule 144 sale?

The notice covers 5,000,000 ordinary shares of CRML, with an aggregate market value of $73,800,000 as stated in the filing.

How many CRML shares were outstanding according to this notice?

The filing states that 121,464,807 ordinary shares were outstanding for the class of securities referenced in the notice.

When were the CRML shares proposed for sale originally acquired?

The securities to be sold, 5,000,000 ordinary shares, were acquired from the issuer on 02/27/2024, with the same date listed for payment.

Which broker is handling the proposed CRML share sale under Rule 144?

The filing names BMO Capital Markets Corp., located at 151 West 42nd Street, New York, NY 10036, as the broker for the proposed sale on NASDAQ.

On which exchange are the CRML shares in the Form 144 expected to trade?

The notice identifies NASDAQ as the securities exchange where the 5,000,000 ordinary shares of CRML are proposed to be sold.