Schedule 13G: LG Innotek Reports 3,509,719 Shares (5.863%) in Aeva
Rhea-AI Filing Summary
LG Innotek Co., Ltd. reported a 5.8630% beneficial ownership stake in Aeva Technologies, Inc. common stock. The filing shows the Reporting Person is the record holder of 3,509,719 shares following an issuance on August 20, 2025, out of a stated 59,862,477 shares outstanding. LG Innotek reports sole voting and sole dispositive power over all 3,509,719 shares and confirms the ownership is not held to change or influence control of the issuer. The issuer's principal executive office is listed at 555 Ellis Street, Mountain View, CA.
Positive
- Material disclosure of a 5.8630% ownership stake in Aeva Technologies
- Clear voting and dispositive authority reported: sole voting power and sole dispositive power over all 3,509,719 shares
- Filer certifies passive intent (not acquired to change or influence control), consistent with Schedule 13G treatment
Negative
- None.
Insights
TL;DR: A 5.86% stake by LG Innotek is a material passive holding that could draw investor attention.
The Schedule 13G discloses LG Innotek holds 3,509,719 shares, representing 5.8630% of Aeva's common stock based on the filer’s stated outstanding share count of 59,862,477. The filing indicates sole voting and dispositive power over these shares and a certification that the stake is not intended to change or influence control. For investors, a >5% passive stake is material because it exceeds common institutional-reporting thresholds and may influence liquidity and shareholder composition, though the filer disclaims control intent.
TL;DR: The filing is a routine disclosure of a passive >5% ownership with no stated governance or control intentions.
The report follows Schedule 13G format for a non-control holder and explicitly certifies the shares were not acquired to affect control. The filer holds sole voting rights but affirms passive intent, which means Aeva’s board and governance structure are unlikely to change solely because of this position. Stake size is significant for monitoring shareholder engagement but is documented here as non-activist.