Planned sale of 10,521 ADS by NIU Technologies (NASDAQ: NIU) shares
Rhea-AI Filing Summary
NIU Technologies has a notice of proposed sale under Rule 144 covering 10,521 American depositary shares (ADS), each representing 2 Class A ordinary shares. The ADS are scheduled for sale around 01/12/2026 on the NASDAQ through Citigroup Global Markets, with an aggregate market value of $35,350.56. The filing lists 79,803,472 shares or other units outstanding as context for the transaction. The securities to be sold were acquired on 01/12/2026 through the vesting of a company share incentive plan. By signing the notice, the selling party represents that they do not know of any undisclosed material adverse information about NIU Technologies’ current or prospective operations.
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FAQ
What does NIU (NIU) disclose in this Form 144 filing?
The filing discloses a planned Rule 144 sale of 10,521 ADS, each representing 2 Class A ordinary shares of NIU Technologies, to be sold on NASDAQ through Citigroup Global Markets.
When were the NIU (NIU) securities being sold acquired and how?
The ADS to be sold were acquired on 01/12/2026 through stock acquired under the company share incentive plan, described as vesting of a share incentive plan.
On which exchange will the NIU (NIU) ADS be sold and through which broker?
The planned sale is listed for the NASDAQ exchange, using Citigroup Global Markets as the broker.
What representation does the seller make in this NIU (NIU) Form 144?
The seller represents that they do not know any material adverse information about NIU Technologies’ current or prospective operations that has not been publicly disclosed.
What is Rule 144’s relevance to this NIU (NIU) transaction?
The notice states that the securities are being sold for the account of a person under Rule 144, which governs resales of restricted and certain control securities, including required disclosures like this planned sale.