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Coupang | 144: Notice of proposed sale of securities pursuant to Rule 144

SEC announcement ·  Mar 13 21:55
Summary by Moomoo AI
SVF Investments (UK) Ltd, a 10% stockholder in Coupang, Inc., is set to sell 15 million Class A Common shares valued at approximately $290.7 million on 03/13/2024. The shares were originally acquired on 11/30/2018, upon the automatic conversion of convertible preferred units just before Coupang's initial public offering. The preferred units were purchased directly from the issuer in November 2018 for cash. This upcoming sale follows a recent transaction by SVF Investments where they sold 31,614,154 shares for a total gross proceed of $600.9 million on 03/12/2024.
SVF Investments (UK) Ltd, a 10% stockholder in Coupang, Inc., is set to sell 15 million Class A Common shares valued at approximately $290.7 million on 03/13/2024. The shares were originally acquired on 11/30/2018, upon the automatic conversion of convertible preferred units just before Coupang's initial public offering. The preferred units were purchased directly from the issuer in November 2018 for cash. This upcoming sale follows a recent transaction by SVF Investments where they sold 31,614,154 shares for a total gross proceed of $600.9 million on 03/12/2024.
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