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UiPath | SC 13G: Statement of acquisition of beneficial ownership by individuals-BlackRock, Inc.(5.4%)

SEC ·  Oct 24 05:10

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 5.4% ownership stake in UiPath, Inc., a company specializing in robotic process automation software. The filing indicates that BlackRock has sole dispositive power over 25,049,697 shares of UiPath's Class A Common Stock. This stake does not grant BlackRock any sole or shared voting power, suggesting a passive investment position. The address for UiPath's principal executive offices is listed as One Vanderbilt Avenue, 60th Floor, New York, NY 10017. The filing was made in accordance with Rule 13d-1(b) of the SEC, which applies to certain institutional investment managers like BlackRock. The document was signed by Spencer Fleming, Attorney-In-Fact for BlackRock, Inc., on October 23, 2024.
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 5.4% ownership stake in UiPath, Inc., a company specializing in robotic process automation software. The filing indicates that BlackRock has sole dispositive power over 25,049,697 shares of UiPath's Class A Common Stock. This stake does not grant BlackRock any sole or shared voting power, suggesting a passive investment position. The address for UiPath's principal executive offices is listed as One Vanderbilt Avenue, 60th Floor, New York, NY 10017. The filing was made in accordance with Rule 13d-1(b) of the SEC, which applies to certain institutional investment managers like BlackRock. The document was signed by Spencer Fleming, Attorney-In-Fact for BlackRock, Inc., on October 23, 2024.

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