Menlo Inflection II Files Form 144 for Proposed $19.69M Sale in Chime Financial

Form 144 Filing Analysis: Chime Financial, Inc.

Overview

On September 10, 2026, Menlo Inflection II, L.P. (formerly Menlo Special Opportunities Fund II, L.P.) submitted a Form 144 filing declaring an intent to sell 569,755 shares of Common Stock of Chime Financial, Inc. through Merrill Lynch. The estimated aggregate market value of the proposed disposition is $19,685,035.25, representing an implied share price of approximately $34.55.

Origin of Shares & Dilution Context

• Acquisition Source: The shares were originally acquired directly from the issuer in a private placement transaction on May 16, 2018, paid in cash.
• Share Count Impact: The 569,755 shares represent approximately 0.16% of the issuer's 347,019,852 total outstanding common shares.
• Prior 3-Month Activity: The reporting shareholder reported no securities sold in the preceding 3 months.

Market Impact & Significance

• Significance Rating: Medium
• The proposed sale reflects typical portfolio liquidity management by an early-stage venture investor (Menlo Ventures affiliate) holding shares for over eight years. While the dollar value is substantial at nearly $20 million, the relative percentage of total shares outstanding is minimal and unlikely to create structural supply overhang.