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Miller Lee, a major shareholder of StartEngine Crowdfunding Inc. (NASDAQ:STGC), has sold a portion of his holdings in the company. According to a recent SEC filing, Lee disposed of 24,607 shares of common stock on February 10. The stock currently trades at $0.15, down significantly from its 52-week high of $0.55. The sales were executed at prices ranging from $0.00 to $1.25 per share, totaling approximately $27,058. Following these transactions, Lee retains an ownership of 74,600,621 shares, held indirectly through The Lee Miller Trust UA 09/05/2020. The sales were made under a qualified offering statement pursuant to Regulation A. Despite recent price weakness, InvestingPro data shows the company achieved impressive revenue growth of 90% in the last twelve months, with liquid assets exceeding short-term obligations. For deeper insights into STGC’s valuation and 8 additional key metrics, check out InvestingPro.
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