Summary by Moomoo AI
Bilibili's affiliate, Saber Lily Limited, plans to sell 908,300 American Depositary Shares (ADS), each representing one Class Z ordinary share, on 12/03/2024. The aggregate market value of these shares is approximately $16.7 million.The shares to be sold were acquired through private transactions. On 09/13/2018, 800,000 shares were acquired from The Fortuna Trust, and on 09/30/2020, an additional 108,300 shares were acquired from the issuer itself. These transactions were part of private agreements, with the latter involving shares of a private company as payment.No securities have been sold by Saber Lily Limited in the past three months, indicating this is a new transaction for the affiliate.
