Crosslink Crossover Fund VII Files Form 144 Notice to Sell $1.77M of Chime Financial
Chime Financial, Inc.
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Filing Summary
Form 144 Filing Alert Company: Chime Financial, Inc. (CIK: 0001795586) Insider: CROSSLINK CROSSOVER FUND VII, LP (Director) Proposed Sale: 53,508 Common Shares (~$1,773,662) Approximate Sale Date: 2026-09-10 Broker: Morgan Stanley Smith Barney LLC Executive Financial Services
Comprehensive Analysis
Executive Summary
On September 10, 2026, Crosslink Crossover Fund VII, L.P., categorized as a Director entity of Chime Financial, Inc., filed a Form 144 notice proposing the sale of 53,508 common shares with an estimated aggregate market value of $1,773,661.78 (approx. $33.15 per share).
Transaction Details
- Issuer: Chime Financial, Inc. (CIK:
0001795586) - Filing Person: Crosslink Crossover Fund VII, LP (CIK:
0001635991) - Relationship: Director
- Broker: Morgan Stanley Smith Barney LLC Executive Financial Services
- Proposed Sale Date: September 10, 2026
- Securities Offered: 53,508 shares of Common Stock
- Total Market Value: $1,773,661.78
- Shares Outstanding: 347,019,852 common shares
- Origin of Securities: Acquired on April 19, 2016, via private acquisition from the issuer for cash.
Market Impact & Significance
- Significance Level: Low
- Volume Relative to Float: The proposed sale represents approximately 0.015% of the 347,019,852 total shares outstanding, resulting in minimal dilution or market pressure.
- Context: The securities were acquired over 10 years prior (2016) during an early-stage private round, reflecting standard venture fund portfolio management and liquidity realization rather than an urgent exit.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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