They held a 10% position in UNXL, according to that release. They are notifying the market of their intent to sell at $5.25, as part of the public release.

What I don't get is, if that is a set price they receive (5.25), or a base price that they are willing to take.

If so, do the market makers buy it from them at the set price and then redistribute it to the market, making money on the arbitrage, or does Raptor just dump it on the market.

The process is intriguing. They have to declare since they have such a large position, relatvie to the float.

The market seems to be focused on the company's future and not on this one time sell.