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 31, 2024, indicating a significant ownership stake in DocuSign, Inc. The filing reveals that BlackRock now beneficially owns 23,933,516 shares of DocuSign's common stock, which represents 11.8% of the company's class of securities. This position gives BlackRock sole voting power over 21,925,750 shares and sole dispositive power over the entire 23,933,516 shares held. The filing was made in accordance with Rule 13d-1(b) under the Securities Exchange Act of 1934, which applies to certain large institutional investors. The address of DocuSign's principal executive offices is listed as 221 Main St., Suite 1550, San Francisco, CA 94105. BlackRock's filing indicates that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of DocuSign, nor in connection with any transaction having such purpose or effect.