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monday.com | 144: Notice of proposed sale of securities pursuant to Rule 144

SEC announcement ·  Feb 15 06:49
Summary by Futu AI
Insight Venture Partners (Delaware) IX, L.P., a major stockholder with a 10% stake in Monday.Com Ltd., is set to sell 11,742 ordinary shares of the company. The sale, scheduled for 02/14/2024, is expected to yield an aggregate market value of approximately $2,524,530. The shares were originally acquired on 03/21/2017 through a stock conversion prior to Monday.com's IPO, with the securities wired to the portfolio company. Over the past three months, Insight Venture Partners has sold a total of 3,073,524 shares, generating gross proceeds of over $537 million.
Insight Venture Partners (Delaware) IX, L.P., a major stockholder with a 10% stake in Monday.Com Ltd., is set to sell 11,742 ordinary shares of the company. The sale, scheduled for 02/14/2024, is expected to yield an aggregate market value of approximately $2,524,530. The shares were originally acquired on 03/21/2017 through a stock conversion prior to Monday.com's IPO, with the securities wired to the portfolio company. Over the past three months, Insight Venture Partners has sold a total of 3,073,524 shares, generating gross proceeds of over $537 million.
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