144: Filer Information
| Filer CIK | 0001758419 |
| Filer CCC | XXXXXXXX |
| Is this a LIVE or TEST Filing? | LIVE
TEST
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Submission Contact Information | |
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| Phone | |
| E-Mail Address |
| Form 144 Filer Information |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144
NOTICE OF PROPOSED SALE OF SECURITIES
PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933 | |
FORM 144 |
| Filer CIK | 0001758419 |
| Filer CCC | XXXXXXXX |
| Is this a LIVE or TEST Filing? | LIVE
TEST
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Submission Contact Information | |
| Name | |
| Phone | |
| E-Mail Address |
| Name of Issuer | VNET Group Inc |
| SEC File Number | 001-35126 |
| Address of Issuer | Guanjie Building, Southeast 1st Floor 10# Jiuxianqiao East Road Beijing CHINA 100016 |
| Phone | 8610-84562121 |
| Name of Person for Whose Account the Securities are To Be Sold | Blackstone Tactical Opportunities Management Associates (Cayman) - NQ L.P. |
See the definition 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 definition. In addition, information shall be given
as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales
for the account of the person filing this notice.
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| Relationship to Issuer | Affiliate |
| Title of the Class of Securities To Be Sold | Name and Address of the Broker | Number of Shares or Other Units To Be Sold | Aggregate Market Value | Number of Shares or Other Units Outstanding | Approximate Date of Sale | Name the Securities Exchange |
|---|---|---|---|---|---|---|
| American Depositary Shares, each representing six Class A ordinary shares, par value US$0.00001 per share | Morgan Stanley & Co, LLC 1585 Broadway New York NY 10036 | 10402130 | 118376239 | 1513609283 | 03/17/2025 | NASDAQ |
| Title of the Class | Date you Acquired | Nature of Acquisition Transaction | Name of Person from Whom Acquired | Is this a Gift? | Date Donor Acquired | Amount of Securities Acquired | Date of Payment | Nature of Payment * |
|---|---|---|---|---|---|---|---|---|
| American Depositary Shares | 03/21/2021 | Conversion of Series A Preferred Shares of the Issuer previously purchased for cash pursuant to an Investment Agreement dated June 22, 2020. | Issuer | ![]() | 9084636 | 03/21/2021 | Conversion of Series A Preferred Shares | |
| American Depositary Shares | 06/08/2021 | Open Market Purchase | N/A | ![]() | 2217494 | 06/08/2021 | Cash |
| Nothing to Report | ![]() |
| Remarks | Blackstone Tactical Opportunities Management Associates(Cayman) - NQ L.P. is investment manager to certain funds (each a "Seller") that each entered into a variable price forward sale transaction relating to American Depositary Shares ("Shares") held by such Seller with Morgan Stanley Bank, N.A. ("MS") under a master confirmation (a "Master Confirmation"). Each Master Confirmation provides for settlement based on the volume-weighted average price of the Shares on scheduled valuation dates set forth in a supplemental confirmation. The broker named in this Form 144 will sell the Shares in the market in accordance with Rule 144 and applicable SEC staff interpretive guidance. Aggregate market value based on closing price of $11.38 for the Shares on 03/17/25. Issuer has 1,513,609,283 Class A ordinary shares outstanding as of 12/31/23 per Form 20-F filed on 04/26/24. |
| Date of Notice | 03/17/2025 |
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. | |
| Signature | Christopher J. James |
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001) | |