BlackRock (ACHR) discloses 51.09M shares, 6.9% stake in Archer Aviation
Rhea-AI Filing Summary
BlackRock, Inc. reports beneficial ownership of 51,092,109 shares (6.9%) of Archer Aviation Inc Class A stock. The filing lists sole voting power for 50,103,375 shares and sole dispositive power for 51,092,109 shares, attributed to certain Reporting Business Units of BlackRock, Inc.
The Schedule 13G/A amendment clarifies ownership details and includes Exhibit 99 for subsidiary identification; the filing is signed by Spencer Fleming, Managing Director.
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Insights
BlackRock discloses a 6.9% passive stake via Reporting Business Units.
The Schedule 13G/A shows 51,092,109 shares beneficially owned, with voting and dispositive powers concentrated in defined business units. This is a passive ownership disclosure consistent with large asset managers reporting aggregated positions.
Watch subsequent filings for any conversion to active reporting (Schedule 13D) or material changes in voting/dispositive power.
Filing emphasizes aggregation rules and identification of Reporting Business Units.
The cover language cites SEC Release No. 34-39538 to explain aggregated beneficial ownership by multiple internal business units. The filing also attaches Exhibit 99 for subsidiary identification per Item 7 requirements.
Stakeholders should note the stated ownership percentages and the signature block as formal attestation under Schedule 13G/A rules.
Key Figures
Key Terms
beneficially owned regulatory
sole dispositive power regulatory
Reporting Business Units regulatory
Schedule 13G/A regulatory
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