Summary by Futu AI
On February 23, 2024, Yaletown Bros. Ventures Ltd, along with individuals Matthew Friesen and Bradley Friesen, filed an Amendment No. 4 to Schedule 13D with the SEC, indicating changes in their ownership of Bruush Oral Care Inc. common shares. The group, which had previously reported ownership stakes ranging from 63% to 82%, now holds approximately 2.8% of the company's common shares, amounting to 2,810,602 shares. This change follows a series of open market transactions between February 16 and February 22, 2024, where the Reporting Persons sold a total of 2,919,500 shares. The transactions included the sale of shares at prices ranging from $0.0575 to $0.0825. The Friesens, through Yaletown Bros. Ventures Ltd, have ceased to be the beneficial owner of more than five percent of Bruush Oral Care's common shares. This filing represents the final amendment to the Schedule 13D for the Reporting Persons, signaling a significant reduction in their investment in the company.