Janus Henderson Group (ACHV) reports 5,502,064 Achieve Life shares under management
Rhea-AI Filing Summary
Achieve Life Sciences, Inc. has a significant shareholder disclosure from Janus Henderson Group Ltd., which, through its affiliated asset managers, may be deemed the beneficial owner of 5,502,064 shares of common stock, including shares obtainable via warrants. This represents 5.4% of the outstanding common stock. The Janus Henderson asset managers hold shared voting and dispositive power over 5,502,064 shares and no sole power. Economic rights, including dividends and sale proceeds, belong to the underlying client accounts termed Managed Portfolios; only Janus Henderson Enterprise Fund Ltd. has rights over more than five percent of the common stock.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 5,502,064 shares
Percent of class: 5.4%
Shared voting power: 5,502,064 shares
+3 more
6 metrics
Shares beneficially owned
5,502,064 shares
Common stock of Achieve Life Sciences that may be deemed beneficially owned by Janus Henderson-affiliated asset managers
Percent of class
5.4%
Portion of Achieve Life Sciences common stock represented by the 5,502,064 shares
Shared voting power
5,502,064 shares
Shares of Achieve Life Sciences common stock over which Janus Henderson entities have shared power to vote
Shared dispositive power
5,502,064 shares
Shares of Achieve Life Sciences common stock over which Janus Henderson entities have shared power to dispose
Sole voting power
0 shares
Achieve Life Sciences shares over which Janus Henderson reports sole voting authority
Sole dispositive power
0 shares
Achieve Life Sciences shares over which Janus Henderson reports sole dispositive authority
Key Terms
beneficial owner, Managed Portfolios, dispositive power, Schedule 13G, +1 more
5 terms
beneficial owner financial
"the Asset Managers may be deemed to be the beneficial owner of 5,502,064 common stock"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Managed Portfolios financial
"retail separate accounts (collectively referred to herein as Managed Portfolios)"
dispositive power financial
"Shared Dispositive Power 5,502,064.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Schedule 13G regulatory
"this schedule, pursuant to (ii)(G), so indicate under Item 3(g)"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Power of Attorney legal
"Exhibit 24: Power of Attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
FAQ
What percentage of Achieve Life Sciences (ACHV) does Janus Henderson hold?
Janus Henderson-related asset managers may be deemed to beneficially own 5.4% of Achieve Life Sciences’ common stock, representing 5,502,064 shares, including shares obtainable through exercise of warrants on behalf of their client accounts.
What voting power does Janus Henderson report in Achieve Life Sciences (ACHV)?
Janus Henderson reports 0 shares with sole voting power and 5,502,064 shares with shared voting power in Achieve Life Sciences common stock, reflecting investment discretion exercised by its asset managers for client accounts.
Which Janus Henderson fund holds over 5% of Achieve Life Sciences (ACHV) economic rights?
Among the Managed Portfolios, only Janus Henderson Enterprise Fund Ltd. has the right to receive dividends or sale proceeds with respect to more than 5% of Achieve Life Sciences’ common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.