UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
FORM 144 /A
NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
ATTENTION: Transmit for filing 3 copies of this form concurrently with either placing an order with a broker to execute sale or executing a sale directly with a market maker. |
OMB APPROVAL | ||
OMB Number: 3235-0101 Expires: July 31, 2023 Estimated average burden hours per response 1.0 | |||
SEC USE ONLY | |||
DOCUMENT SEQUENCE NO.
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CUSIP NUMBER
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1 (a) NAME OF ISSUER (Please type or print)
Adagene Inc. |
(b) IRS IDENT. NO.
00-0000000 |
(c) S.E.C. FILE NO.
001-39997 |
WORK LOCATION |
1 (d) ADDRESS OF ISSUER STREET CITY STATE ZIP CODE
4F, Building C14, No. 218, Xinghu Street, Suzhou Industrial Park, Suzhou, China 215101 |
(e) TELEPHONE NO. | |
AREA CODE +86 |
NUMBER 512-8777-3632 |
2 (a) NAME OF PERSON FOR WHOSE ACCOUNT THE SECURITIES ARE TO BE SOLD |
(b) RELATIONSHIP TO ISSUER |
(c) ADDRESS STREET |
CITY | STATE | ZIP CODE | |
JSR Limited | Shareholder | Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands |
INSTRUCTION: The person filing this notice should contact the issuer to obtain the I.R.S. Identification Number and the S.E.C. File Number.
3 (a) | (b) | SEC USE ONLY |
(c) |
(d) |
(e) |
(f) |
(g) |
Title of the Class of Securities To Be Sold |
Name and Address of Each Broker Through Whom the Securities are to be Offered or Each Market Maker who is Acquiring the Securities |
Broker-Dealer File Number |
Number of Shares or Other Units To Be Sold (See instr. 3(c)) |
Aggregate Market Value (See instr. 3(d)) |
Number of Shares or Other Units Outstanding (See instr. 3(e)) |
Approximate Date of Sale (See instr. 3(f)) (MO. DAY YR.) |
Name of Each Securities Exchange (See instr. 3(g)) |
ADS, each representing 1.25 ordinary shares |
ViewTrade Securities, Inc. 7280 W Palmetto Park Rd., #310 Boca Raton, FL 33433 |
10,000 ADS |
$75,600 based on Dec 27, 2021 closing price of $7.56 |
43,852,894 ordinary shares as of Dec 31, 2020 |
On or after Jan 20, 2022 | NASDAQ |
INSTRUCTIONS: | ||
1. | (a) | Name of issuer |
(b) | Issuer’s I.R.S. Identification Number | |
(c) | Issuer’s S.E.C. file number, if any | |
(d) | Issuer’s address, including zip code | |
(e) | Issuer’s telephone number, including area code | |
2. | (a) | Name of person for whose account the securities are to be sold |
(b) | Such person’s relationship to the issuer (e.g., officer, director, 10% stockholder, or member of immediate family of any of the foregoing) | |
(c) | Such person’s address, including zip code |
3. | (a) | Title of the class of securities to be sold |
(b) | Name and address of each broker through whom the securities are intended to be sold | |
(c) | Number of shares or other units to be sold (if debt securities, give the aggregate face amount) | |
(d) | Aggregate market value of the securities to be sold as of a specified date within 10 days prior to the filing of this notice | |
(e) | Number of shares or other units of the class outstanding, or if debt securities the face amount thereof outstanding, as shown by the most recent report or statement published by the issuer | |
(f) | Approximate date on which the securities are to be sold | |
(g) | Name of each securities exchange, if any, on which the securities are intended to be sold |
Potential persons who are to respond to the collection of information contained in this form are not required to respond
unless the form displays a currently valid OMB control number.
TABLE I –– SECURITIES TO BE SOLD
Furnish the following information with respect to the acquisition of the securities to be sold
and with respect to the payment of all or any part of the purchase price or other consideration therefor:
Title of the Class |
Date you Acquired |
Nature of Acquisition Transaction |
Name of Person from Whom Acquired (If gift, also give date donor acquired) |
Amount of Securities Acquired |
Date of Payment |
Nature of Payment |
ordinary shares | Jan 19, 2016 | Investment |
Adagene Inc.
|
12,500 ordinary shares |
Jan 22, 2016
|
Cash
|
INSTRUCTIONS: If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.
TABLE II –– SECURITIES SOLD DURING THE PAST 3 MONTHS
Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.
Name and Address of Seller |
Title of Securities Sold |
Date of Sale |
Amount of Securities Sold |
Gross Proceeds |
N/A
|
N/A
|
N/A
|
N/A
|
N/A
|
REMARKS:
This Form 144/A is being filed to amend the Form 144 filed on December 27, 2021 to change the number of ADSs to be sold on Side 1, Item 3(c), aggregate market value on Side 1, Item 3(d), and approximate date of sale, on Side 1, Item 3(f).
INSTRUCTIONS:
See the defnition of “person” in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that defnition. In addition, information shall be given as to sales by all personswhose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person fling this notice.
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
December 28, 2021 |
DATE OF NOTICE |
DATE OF PLAN ADOPTION OR GIVING OF INSTRUCTION, IF RELYING ON RULE 10B5-1. |
/s/ Dongmei Ji |
(SIGNATURE) |
The notice shall be signed by the person for whose account the securities are to be sold. At least one copy of the notice shall be manually signed.
Any copies not manually signed shall bear typed or printed signatures.
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001) |