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 October 22, 2024, indicating a significant ownership stake in iRobot Corporation. The filing reveals that BlackRock now beneficially owns 2,290,860 shares of iRobot's common stock, which represents 7.6% of the company's class of securities. This amendment, which is the fourth of its kind, is required under the Securities Exchange Act of 1934 and reflects changes in ownership that necessitate public disclosure. The filing specifies that BlackRock has sole dispositive power over all the shares it owns, indicating that it has the authority to sell or otherwise dispose of the shares without consulting with or obtaining permission from any other party. The document also 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 iRobot Corporation.