[144] Cango Inc. American SEC Filing
Cango Inc. (symbol: CANG) filing of a Form 144 notifies a proposed sale of 800,000 American Depositary Shares (ADS) on or about 09/09/2025. Each ADS represents two Class A ordinary shares. The filing lists Futu Securities International (Hong Kong) Ltd. as the broker and reports an aggregate market value of $3,784,000.00 for the ADS offered. The securities were originally acquired on 05/25/2018 under a company share incentive plan from Cango Inc., with 3,890,433 shares shown as acquired in that transaction. The form states the nature of payment as option exercise cost and indicates nothing to report for securities sold in the past three months.
Cango Inc. (simbolo: CANG) ha presentato un Form 144 relativo alla proposta di vendita di 800.000 American Depositary Shares (ADS) con data prevista intorno al 09/09/2025. Ciascun ADS rappresenta due azioni ordinarie di Classe A. Nel modulo viene indicato come intermediario Futu Securities International (Hong Kong) Ltd. e viene riportato un valore di mercato complessivo di $3.784.000,00 per gli ADS offerti. Le azioni erano state originariamente acquisite il 25/05/2018 tramite un piano di incentivazione azionaria di Cango Inc., con 3.890.433 azioni risultanti da quella transazione. Il modulo specifica la natura del pagamento come costo di esercizio di opzioni e dichiara che non ci sono state vendite di titoli negli ultimi tre mesi.
Cango Inc. (s铆mbolo: CANG) present贸 un Form 144 notificando la propuesta de venta de 800.000 American Depositary Shares (ADS) con fecha aproximada del 09/09/2025. Cada ADS representa dos acciones ordinarias Clase A. El formulario nombra a Futu Securities International (Hong Kong) Ltd. como corredor y reporta un valor de mercado agregado de $3.784.000,00 para los ADS ofrecidos. Los t铆tulos fueron adquiridos originalmente el 25/05/2018 bajo un plan de incentivos accionarios de Cango Inc., con 3.890.433 acciones registradas en esa operaci贸n. El formulario indica que la forma de pago es el coste de ejercicio de opciones y se帽ala que no hubo ventas de valores en los 煤ltimos tres meses.
Cango Inc.(膦呺旖旊摐: CANG)電� Form 144鞚� 鞝滌稖頃橃棳 800,000 氙戈淡鞓堩儊欤�(ADS)鞚� 毵る弰毳� 2025-09-09瓴� 鞝滌晥頄堧嫟瓿� 韱奠頄堨姷雼堧嫟. 臧� ADS電� 韥措灅鞀� A 氤错喌欤� 2欤茧ゼ 雮橅儉雰呺媹雼�. 鞝滌稖靹滊鞐愲姅 鞙勴儊欷戧皽鞚胳溂搿� Futu Securities International (Hong Kong) Ltd.臧� 旮办灛霅橃柎 鞛堨溂氅�, 鞝滉车霅� ADS鞚� 齑� 鞁滉皜 臧�旃橂姅 $3,784,000.00搿� 氤搓碃霅橃柎 鞛堨姷雼堧嫟. 頃措嫻 歃濌秾鞚� 鞗愲灅 2018-05-25鞐� Cango Inc.鞚� 欤检嫕 鞚胳劶韹半笇 頂岆灉鞚� 韱淀暣 旆摑霅橃棃鞙茧┌, 攴� 瓯半灅鞐愳劀 3,890,433欤缄皜 旆摑霅� 瓴冹溂搿� 響滌嫓霅橃柎 鞛堨姷雼堧嫟. 靹滌嫕鞐愲姅 歆�旮� 靹标博鞚� 鞓奠厴 頄夓偓 牍勳毄鞙茧 氇呾嫓頃橁碃 斓滉芳 3臧滌洈 雮� 毵る弰鞐� 雽�頃挫劀電� 氤搓碃頃� 靷暛 鞐嗢潓鞚措澕瓿� 鞝來榾 鞛堨姷雼堧嫟.
Cango Inc. (symbole聽: CANG) a d茅pos茅 un Form 144 signalant la proposition de vente de 800聽000 American Depositary Shares (ADS) aux alentours du 09/09/2025. Chaque ADS repr茅sente deux actions ordinaires de classe A. Le dossier indique Futu Securities International (Hong Kong) Ltd. comme courtier et rapporte une valeur de march茅 agr茅g茅e de 3聽784聽000,00 $ pour les ADS offerts. Les titres ont 茅t茅 initialement acquis le 25/05/2018 dans le cadre d鈥檜n plan d鈥檌ncitation en actions de Cango Inc., avec 3听890听433 actions inscrites lors de cette op茅ration. Le formulaire pr茅cise que la nature du paiement est un co没t d鈥檈xercice d鈥檕ptions et indique qu鈥檌l n鈥檡 a rien 脿 d茅clarer concernant des ventes de titres au cours des trois derniers mois.
Cango Inc. (Ticker: CANG) hat eine Form 144 eingereicht, die den geplanten Verkauf von 800.000 American Depositary Shares (ADS) zum oder um den 09.09.2025 ank眉ndigt. Jede ADS entspricht zwei Stammaktien der Klasse A. Im Formular wird Futu Securities International (Hong Kong) Ltd. als Broker genannt und ein aggregierter Marktwert von $3.784.000,00 f眉r die angebotenen ADS angegeben. Die Wertpapiere wurden urspr眉nglich am 25.05.2018 im Rahmen eines Mitarbeiterbeteiligungsplans von Cango Inc. erworben; in dieser Transaktion sind 3.890.433 Aktien ausgewiesen. Das Formular nennt die Zahlungsart als 翱辫迟颈辞苍蝉补耻蝉眉产耻苍驳蝉办辞蝉迟别苍 und vermerkt, dass in den letzten drei Monaten keine Wertpapierverk盲ufe zu melden sind.
- None.
- Proposed sale of 800,000 ADS (aggregate value $3,784,000) is disclosed, indicating insider-originated supply to the market
- Securities were originally acquired under a company share incentive, showing these are insider-originated shares subject to Rule 144 resale
Insights
TL;DR: Insider proposes to sell 800,000 ADS via broker; filing complies with Rule 144 disclosure requirements.
The Form 144 provides the required notice for a proposed sale under Rule 144: it identifies the class (ADS), the broker (Futu Securities International (Hong Kong) Ltd.), the number of ADS to be sold (800,000), the aggregate market value ($3,784,000), and the approximate sale date (09/09/2025). The filing also documents acquisition details (05/25/2018, company share incentive) and the nature of payment (option exercise cost). No sales in the prior three months are reported. From a compliance perspective, the form contains the standard elements needed to proceed with a Rule 144 sale.
TL;DR: This is a routine insider sale notice; materiality to the issuer is limited based on facts disclosed.
The notice documents a proposed disposal of 800,000 ADS鈥攅ach representing two Class A shares鈥攚ith an aggregate stated market value of $3.78M. The securities were acquired under a company share incentive plan in 2018. The filing includes a representation that the seller is unaware of undisclosed material adverse information. No contrary details (such as planned acceleration of sales or prior short-interval disposals) are included. Based solely on the disclosed facts, the filing appears to be a routine Rule 144 transaction rather than a corporate governance event affecting operations.
Cango Inc. (simbolo: CANG) ha presentato un Form 144 relativo alla proposta di vendita di 800.000 American Depositary Shares (ADS) con data prevista intorno al 09/09/2025. Ciascun ADS rappresenta due azioni ordinarie di Classe A. Nel modulo viene indicato come intermediario Futu Securities International (Hong Kong) Ltd. e viene riportato un valore di mercato complessivo di $3.784.000,00 per gli ADS offerti. Le azioni erano state originariamente acquisite il 25/05/2018 tramite un piano di incentivazione azionaria di Cango Inc., con 3.890.433 azioni risultanti da quella transazione. Il modulo specifica la natura del pagamento come costo di esercizio di opzioni e dichiara che non ci sono state vendite di titoli negli ultimi tre mesi.
Cango Inc. (s铆mbolo: CANG) present贸 un Form 144 notificando la propuesta de venta de 800.000 American Depositary Shares (ADS) con fecha aproximada del 09/09/2025. Cada ADS representa dos acciones ordinarias Clase A. El formulario nombra a Futu Securities International (Hong Kong) Ltd. como corredor y reporta un valor de mercado agregado de $3.784.000,00 para los ADS ofrecidos. Los t铆tulos fueron adquiridos originalmente el 25/05/2018 bajo un plan de incentivos accionarios de Cango Inc., con 3.890.433 acciones registradas en esa operaci贸n. El formulario indica que la forma de pago es el coste de ejercicio de opciones y se帽ala que no hubo ventas de valores en los 煤ltimos tres meses.
Cango Inc.(膦呺旖旊摐: CANG)電� Form 144鞚� 鞝滌稖頃橃棳 800,000 氙戈淡鞓堩儊欤�(ADS)鞚� 毵る弰毳� 2025-09-09瓴� 鞝滌晥頄堧嫟瓿� 韱奠頄堨姷雼堧嫟. 臧� ADS電� 韥措灅鞀� A 氤错喌欤� 2欤茧ゼ 雮橅儉雰呺媹雼�. 鞝滌稖靹滊鞐愲姅 鞙勴儊欷戧皽鞚胳溂搿� Futu Securities International (Hong Kong) Ltd.臧� 旮办灛霅橃柎 鞛堨溂氅�, 鞝滉车霅� ADS鞚� 齑� 鞁滉皜 臧�旃橂姅 $3,784,000.00搿� 氤搓碃霅橃柎 鞛堨姷雼堧嫟. 頃措嫻 歃濌秾鞚� 鞗愲灅 2018-05-25鞐� Cango Inc.鞚� 欤检嫕 鞚胳劶韹半笇 頂岆灉鞚� 韱淀暣 旆摑霅橃棃鞙茧┌, 攴� 瓯半灅鞐愳劀 3,890,433欤缄皜 旆摑霅� 瓴冹溂搿� 響滌嫓霅橃柎 鞛堨姷雼堧嫟. 靹滌嫕鞐愲姅 歆�旮� 靹标博鞚� 鞓奠厴 頄夓偓 牍勳毄鞙茧 氇呾嫓頃橁碃 斓滉芳 3臧滌洈 雮� 毵る弰鞐� 雽�頃挫劀電� 氤搓碃頃� 靷暛 鞐嗢潓鞚措澕瓿� 鞝來榾 鞛堨姷雼堧嫟.
Cango Inc. (symbole聽: CANG) a d茅pos茅 un Form 144 signalant la proposition de vente de 800聽000 American Depositary Shares (ADS) aux alentours du 09/09/2025. Chaque ADS repr茅sente deux actions ordinaires de classe A. Le dossier indique Futu Securities International (Hong Kong) Ltd. comme courtier et rapporte une valeur de march茅 agr茅g茅e de 3聽784聽000,00 $ pour les ADS offerts. Les titres ont 茅t茅 initialement acquis le 25/05/2018 dans le cadre d鈥檜n plan d鈥檌ncitation en actions de Cango Inc., avec 3听890听433 actions inscrites lors de cette op茅ration. Le formulaire pr茅cise que la nature du paiement est un co没t d鈥檈xercice d鈥檕ptions et indique qu鈥檌l n鈥檡 a rien 脿 d茅clarer concernant des ventes de titres au cours des trois derniers mois.
Cango Inc. (Ticker: CANG) hat eine Form 144 eingereicht, die den geplanten Verkauf von 800.000 American Depositary Shares (ADS) zum oder um den 09.09.2025 ank眉ndigt. Jede ADS entspricht zwei Stammaktien der Klasse A. Im Formular wird Futu Securities International (Hong Kong) Ltd. als Broker genannt und ein aggregierter Marktwert von $3.784.000,00 f眉r die angebotenen ADS angegeben. Die Wertpapiere wurden urspr眉nglich am 25.05.2018 im Rahmen eines Mitarbeiterbeteiligungsplans von Cango Inc. erworben; in dieser Transaktion sind 3.890.433 Aktien ausgewiesen. Das Formular nennt die Zahlungsart als 翱辫迟颈辞苍蝉补耻蝉眉产耻苍驳蝉办辞蝉迟别苍 und vermerkt, dass in den letzten drei Monaten keine Wertpapierverk盲ufe zu melden sind.
FAQ
What does the Form 144 filed for CANG disclose?
When were the ADS being sold originally acquired according to the filing?
Does the Form 144 report any securities sold by the seller in the past three months?
What broker is named in the filing for the proposed sale?
What is the stated nature of payment for the acquisition in the Form 144?
