Summary by Futu AI
On September 30, 2024, BlackRock, Inc., a Delaware-based investment management corporation, filed a Schedule 13G with the Securities and Exchange Commission (SEC), disclosing a 7.2% ownership stake in Nu Holdings Ltd Class A common stock, which translates to 266,236,594 shares. This filing indicates that BlackRock has sole voting power over 245,505,611 shares and sole dispositive power over all 266,236,594 shares. The filing was made in accordance with Rule 13d-1(b) of the Securities Exchange Act of 1934, which applies to certain large institutional investment managers. The address of Nu Holdings Ltd's principal executive offices is listed as Rua Capote Valente, 39, Pinheiros, Sao Paulo, Brazil. The filing also includes a certification by BlackRock, Inc. that the shares were acquired in the ordinary course of business and not with the purpose of changing or influencing the control of Nu Holdings Ltd. The document was signed by Spencer Fleming, Attorney-In-Fact for BlackRock, Inc., on November 8, 2024.