BrilliA's controlling shareholder selling entire stake of 14.2M Class A shares

BrilliA (NYSE:BRIA [https://seekingalpha.com/symbol/BRIA]) has issued a prospectus for a stock sale [https://seekingalpha.com/filing/10308512] where its controlling shareholder, Salim Podiono, is selling all 14.2 million of his Class A shares.

BrilliA has a unique share structure: Class A shares grant one vote per share, while Class B shares grant 20 votes per share, but has no economic interest beyond a return of capital if the company closes.

MORE ON BRILLIA INC

* Historical earnings data for BrilliA Inc [https://seekingalpha.com/symbol/BRIA/earnings]
* Financial information for BrilliA Inc [https://seekingalpha.com/symbol/BRIA/income-statement]