Summary by Futu AI
Sun Brothers LLC, an affiliate of Coupang Inc. managed by Benjamin Sun, is set to sell 700,000 Class A Common Shares of Coupang on June 17, 2024. The shares, valued at approximately $14,443,600, were originally acquired in a private transaction directly from the issuer on December 30, 2020. This sale represents a significant transaction for Sun Brothers LLC, which had acquired a total of 2,869,421 shares on the same date as part of an investment. There have been no reported sales of securities by Sun Brothers LLC in the past three months prior to this notice.