Insider sale
REMITLY GLOBAL, INC.
$474.44M
25.44M shares
MIH FINTECH INVESTMENTS B.V. plans to sell 25.44M shares of REMITLY GLOBAL, INC. valued at approximately $474.44M. Form 144 is a notice of intent to sell restricted or control securities — not a mandatory transaction. This filing provides advance warning of potential selling pressure.
Acquired upon Conversion of Series E Convertible Preferred Stock of the Issuer, which preferred stock was acquired in May 2019.
Conversion of Preferred Stock
Acquired upon Conversion of Series C Convertible Preferred Stock of the Issuer, which preferred stock was acquired in January 2019.
Conversion of Preferred Stock
Acquired upon Conversion of Series A Convertible Preferred Stock (1,262,230 shares) and Series C Convertible Preferred Stock of the Issuer (295,666 shares), which preferred stock was acquired in October 2020.
Conversion of Preferred Stock
Acquired upon Conversion of Seed Prime Convertible Preferred Stock of the Issuer, which preferred stock was acquired in October 2020.
Conversion of Preferred Stock
Acquired upon Conversion of Series F Convertible Preferred Stock of the Issuer, which preferred stock was acquired in August 2020.
Conversion of Preferred Stock
Acquired upon Conversion of Series D Convertible Preferred Stock of the Issuer, which preferred stock was acquired in December 2017.
Conversion of Preferred Stock
Private placement of common stock
Cash
Purchase of common stock
Cash
| Acquisition Date | Type | Amount Acquired | Gift |
|---|---|---|---|
9/27/2021 | Acquired upon Conversion of Series E Convertible Preferred Stock of the Issuer, which preferred stock was acquired in May 2019. Conversion of Preferred Stock | 1.68M | — |
9/27/2021 | Acquired upon Conversion of Series C Convertible Preferred Stock of the Issuer, which preferred stock was acquired in January 2019. Conversion of Preferred Stock | 1.32M | — |
9/27/2021 | Acquired upon Conversion of Series A Convertible Preferred Stock (1,262,230 shares) and Series C Convertible Preferred Stock of the Issuer (295,666 shares), which preferred stock was acquired in October 2020. Conversion of Preferred Stock | 1.56M | — |
9/27/2021 | Acquired upon Conversion of Seed Prime Convertible Preferred Stock of the Issuer, which preferred stock was acquired in October 2020. Conversion of Preferred Stock | 71.62K | — |
9/27/2021 | Acquired upon Conversion of Series F Convertible Preferred Stock of the Issuer, which preferred stock was acquired in August 2020. Conversion of Preferred Stock | 5.74M | — |
9/27/2021 | Acquired upon Conversion of Series D Convertible Preferred Stock of the Issuer, which preferred stock was acquired in December 2017. Conversion of Preferred Stock | 2.48M | — |
9/27/2021 | Private placement of common stock Cash | 581.39K | — |
12/15/2020 | Purchase of common stock Cash | 15K | — |
| Total | 13.44M | ||
Completed
Units to sell
12M
Market value
$191.76M
Planned — Approximate Date
Units to sell
13.44M
Market value
$282.68M
Units
25.44M
Value
$474.44M
| Date | Units to Sell | Approx. Market Value | Exchange | Status |
|---|---|---|---|---|
| Completed | ||||
3/12/2026 | 12M | $191.76M | — | Completed |
| Planned — Approximate Date | ||||
6/2/2026 | 13.44M | $282.68M | NASDAQ | Planned |
| Total | 25.44M | $474.44M | ||