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

SEC announcement ·  Jan 2 13:00
Summary by Futu AI
Melissa Dongmin Ma, an affiliate of Baidu, Inc., is set to sell 466,530 American Depositary Shares (ADS), each representing eight ordinary shares of the company, with an aggregate market value of approximately $55.56 million. The planned sale date is January 2, 2024. These shares were originally acquired on January 1, 2005, through a private transaction with the issuer for services rendered. Over the past three months, Ma has sold a total of 253,470 securities, generating gross proceeds of nearly $31.16 million.
Melissa Dongmin Ma, an affiliate of Baidu, Inc., is set to sell 466,530 American Depositary Shares (ADS), each representing eight ordinary shares of the company, with an aggregate market value of approximately $55.56 million. The planned sale date is January 2, 2024. These shares were originally acquired on January 1, 2005, through a private transaction with the issuer for services rendered. Over the past three months, Ma has sold a total of 253,470 securities, generating gross proceeds of nearly $31.16 million.
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