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Ronald David Miller, a director and significant shareholder of StartEngine Crowdfunding, Inc. (OTC:STGC), recently sold shares of the company, according to a filing with the Securities and Exchange Commission. The stock, currently trading at $0.15, has seen a significant decline of about 72% over the past year, with a 52-week trading range of $0.10 to $0.55. The transactions, dated February 10, 2025, involved the sale of 24,607 shares of common stock, with prices ranging from $0.00 to $1.25 per share. The total value of the sales amounted to $27,058. Despite recent market challenges, StartEngine has shown strong revenue growth of over 90% in the last twelve months. For comprehensive insider trading analysis and additional financial metrics, consider exploring InvestingPro.
Following these transactions, Miller, who holds his shares through The Ronald David Miller Trust, retains ownership of 74,600,621 shares. The sales were conducted under an offering statement qualified under Regulation A, as noted in the filing. The company maintains a healthy liquidity position with a current ratio of 1.21, indicating sufficient assets to cover short-term obligations.
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