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Archer Aviation | SC 13G: Statement of acquisition of beneficial ownership by individuals-STATE STREET CORPORATION(5.82%)

SEC announcement ·  Jan 24 21:49
Summary by Futu AI
State Street Corporation has filed an initial Schedule 13G with the United States Securities and Exchange Commission (SEC) on December 31, 2023, indicating a significant ownership stake in Archer Aviation Inc. According to the filing, State Street Corporation has shared voting power over 14,461,890 shares and shared dispositive power over 14,796,322 shares of Archer Aviation's common stock. This represents a substantial portion of the company, as detailed in the SEC filing. The filing was made in accordance with Rule 13D-1(B) under the Securities Exchange Act of 1934. The report also includes a certification that the shares were acquired in the ordinary course of business and not with the purpose of changing or influencing the control of Archer Aviation. The filing includes a list of subsidiaries of State Street Corporation that beneficially own the securities, all of which are classified as investment advisors.
State Street Corporation has filed an initial Schedule 13G with the United States Securities and Exchange Commission (SEC) on December 31, 2023, indicating a significant ownership stake in Archer Aviation Inc. According to the filing, State Street Corporation has shared voting power over 14,461,890 shares and shared dispositive power over 14,796,322 shares of Archer Aviation's common stock. This represents a substantial portion of the company, as detailed in the SEC filing. The filing was made in accordance with Rule 13D-1(B) under the Securities Exchange Act of 1934. The report also includes a certification that the shares were acquired in the ordinary course of business and not with the purpose of changing or influencing the control of Archer Aviation. The filing includes a list of subsidiaries of State Street Corporation that beneficially own the securities, all of which are classified as investment advisors.
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