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BURBANK, CA—Aubrey Chernick, a significant shareholder of StartEngine Crowdfunding, Inc. (OTC:STGC), recently sold shares valued at $45,692. The transactions, disclosed in a regulatory filing, took place on December 30, 2024. The sale comes as STGC trades near $0.15, down roughly 72% over the past year, though the company has shown strong revenue growth of 90% in the last twelve months.
Chernick sold a total of 42,167 shares of common stock. The sale included 36,554 shares at $1.25 per share and an additional 5,613 shares categorized as Bonus Shares, which were sold at $0 per share. These sales were conducted through SE Agoura Investment LLC, an entity indirectly owned by Chernick. According to InvestingPro, the company's overall financial health score is currently rated as weak, with additional insights available to subscribers.
Following these transactions, Chernick retains ownership of 2,903,455 shares of StartEngine Crowdfunding. The shares were sold under an offering statement qualified under Regulation A. The stock currently trades between its 52-week range of $0.10 to $0.55.
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