share_log

Marvell Technology | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-BlackRock, Inc.(7.0%)

SEC announcement ·  Feb 13 05:21
Summary by Futu AI
On December 31, 2023, BlackRock, Inc., a Delaware-based investment management corporation, filed an amended Schedule 13G/A with the Securities and Exchange Commission (SEC), indicating a significant ownership stake in Marvell Technology, Inc. The filing revealed that BlackRock now beneficially owns 60,534,116 shares of Marvell Technology's common stock, which represents approximately 7.0% of the company's class of securities. This position grants BlackRock sole voting power over 54,965,303 shares and sole dispositive power over the entire 60,534,116 shares they own. The filing was made in accordance with Rule 13d-1(b) under the Securities Exchange Act of 1934, which applies to parent holding companies or control persons. The address of Marvell Technology's principal executive offices is listed as 1000 N. West Street, Suite 1200, Wilmington, DE 19801. The filing, dated February 12, 2024, includes a certification by BlackRock that the securities were acquired in the ordinary course of business and not with the purpose of changing or influencing the control of Marvell Technology.
On December 31, 2023, BlackRock, Inc., a Delaware-based investment management corporation, filed an amended Schedule 13G/A with the Securities and Exchange Commission (SEC), indicating a significant ownership stake in Marvell Technology, Inc. The filing revealed that BlackRock now beneficially owns 60,534,116 shares of Marvell Technology's common stock, which represents approximately 7.0% of the company's class of securities. This position grants BlackRock sole voting power over 54,965,303 shares and sole dispositive power over the entire 60,534,116 shares they own. The filing was made in accordance with Rule 13d-1(b) under the Securities Exchange Act of 1934, which applies to parent holding companies or control persons. The address of Marvell Technology's principal executive offices is listed as 1000 N. West Street, Suite 1200, Wilmington, DE 19801. The filing, dated February 12, 2024, includes a certification by BlackRock that the securities were acquired in the ordinary course of business and not with the purpose of changing or influencing the control of Marvell Technology.
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.