share_log

Cassava Sciences | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-BlackRock, Inc.(7.2%)

SEC announcement ·  Jan 27 05:29
Summary by Futu AI
BlackRock, Inc., a major investment management corporation based in Delaware, has filed an amended Schedule 13G with the Securities and Exchange Commission on January 26, 2024, indicating a 7.2% ownership stake in Cassava Sciences, a biopharmaceutical company. The filing, which reflects the state of ownership as of December 31, 2023, shows that BlackRock possesses sole voting power over 2,987,094 shares and sole dispositive power over 3,037,415 shares of Cassava Sciences' common stock. This amendment is a routine disclosure required by financial regulations for entities that have significant ownership in public companies. The filing also includes a list of entities under BlackRock that beneficially own 5% or greater of the outstanding shares of Cassava Sciences, as well as a power of attorney document detailing the authorization of certain individuals to act on behalf of BlackRock in fulfilling reporting requirements.
BlackRock, Inc., a major investment management corporation based in Delaware, has filed an amended Schedule 13G with the Securities and Exchange Commission on January 26, 2024, indicating a 7.2% ownership stake in Cassava Sciences, a biopharmaceutical company. The filing, which reflects the state of ownership as of December 31, 2023, shows that BlackRock possesses sole voting power over 2,987,094 shares and sole dispositive power over 3,037,415 shares of Cassava Sciences' common stock. This amendment is a routine disclosure required by financial regulations for entities that have significant ownership in public companies. The filing also includes a list of entities under BlackRock that beneficially own 5% or greater of the outstanding shares of Cassava Sciences, as well as a power of attorney document detailing the authorization of certain individuals to act on behalf of BlackRock in fulfilling reporting requirements.
Helpful
Not Helpful

This announcement is a separate document:

Doc 1

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.