Summary by Futu AI
BlackRock, Inc., a major investment management corporation based in Delaware, has filed an amended Schedule 13G/A with the Securities and Exchange Commission on September 10, 2024, indicating a change in its holdings in UiPath, Inc. The filing reveals that BlackRock now beneficially owns 23,731,183 shares of UiPath's Class A Common Stock, which represents 4.8% of the class. This marks a decrease from a previous holding, as BlackRock has checked the box indicating it now owns 5 percent or less of the class of securities. The filing was made under Rule 13d-1(b), designating BlackRock as a parent holding company or control person. The address of UiPath's principal executive offices is listed as One Vanderbilt Avenue, 60th Floor, New York, NY 10017. The filing includes a certification that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.