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 July 8, 2024, indicating a change in its holdings in Butterfly Network, Inc. According to the filing, BlackRock now beneficially owns 2,203,389 shares of Butterfly Network's common stock, which represents 1.2% of the company's class of securities. This amendment marks a decrease in ownership, as BlackRock has reported that it no longer holds more than 5% of Butterfly Network's securities. The filing was made under Rule 13d-1(b) of the Securities Exchange Act of 1934, which applies to certain institutional investors. The address for Butterfly Network's principal executive offices is listed as 1600 District Avenue, Burlington, MA 01803. The filing includes a certification by BlackRock, stating that the securities were acquired in the ordinary course of business and not with the purpose of changing or influencing the control of the issuer.