Sio Capital reports ownership of 2,934,027 Anteris shares (8.14%)
Rhea-AI Filing Summary
Anteris Technologies Global Corp. disclosed that Sio Capital Management, LLC beneficially owned 2,934,027 shares of the issuer's common stock, representing 8.14% of the class based on 36,062,087 shares outstanding. Sio reports no sole voting or dispositive power and instead holds these shares with shared voting and shared dispositive power. The filing describes Sio as a Delaware-registered investment adviser acting for affiliated funds that directly hold the shares, and notes that Sio GP, LLC and Michael Castor may be deemed to have control but expressly disclaim beneficial ownership.
Positive
- Sio Capital Management beneficially owns 2,934,027 shares, representing 8.14% of the outstanding common stock
- Shares are held with shared voting and shared dispositive power, indicating managed positions for affiliated funds
Negative
- None.
Insights
TL;DR Sio holds an 8.14% stake (2.93M shares), disclosed as an investment-adviser position rather than an activist stake.
This Schedule 13G/A shows a material institutional position: 2,934,027 shares with shared voting and dispositive power and 0 shares held with sole authority. As a 13G filing by an investment adviser, the position appears passive and held on behalf of affiliated funds. The disclosure is important for investor ownership tables and signals a concentrated holder, but the filing contains no indication of an intent to change control.
TL;DR Ownership structure shows adviser-managed funds with shared control; GP and an individual are referenced but disclaim ownership.
The filing clarifies that voting and dispositive decisions are exercised through Sio as adviser to record owners, and that Sio GP, LLC and Michael Castor may be deemed to have control though they disclaim beneficial ownership. This distinction matters for governance analysis because legal attribution of voting power can differ from economic ownership; the record indicates centralized advisory discretion but not an asserted control position.