Millennium discloses 4.9% Avalo Therapeutics (AVTX) stake in new Schedule 13G
Rhea-AI Filing Summary
Avalo Therapeutics, Inc. received a Schedule 13G showing that Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander report beneficial ownership of 905,798 shares of Avalo common stock, representing 4.9% of the class.
The filing notes that the reporting persons exceeded 5% beneficial ownership of Avalo’s common stock on January 28, 2026, but had reduced their holdings to 4.9% by the date of the statement. Voting and investment power over these shares is reported as shared, with no sole voting or dispositive power.
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FAQ
What does the Millennium Schedule 13G reveal about Avalo Therapeutics (AVTX)?
The Schedule 13G shows Millennium entities and Israel A. Englander report beneficial ownership of 905,798 Avalo shares, or 4.9% of the common stock. They report shared voting and dispositive power over all these shares, and no sole voting or dispositive authority.
Who are the reporting persons in the Avalo Therapeutics (AVTX) Schedule 13G?
The reporting persons are Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander. They file jointly, with the entities organized in Delaware and Mr. Englander a U.S. citizen, and provide a joint filing agreement as Exhibit I.
How large is Millennium’s reported stake in Avalo Therapeutics (AVTX)?
Millennium and associated reporting persons disclose 905,798 shares of Avalo common stock, representing 4.9% of the outstanding class. All reported shares are subject to shared voting and shared dispositive power, with no sole authority reported for any of the filers.
Did Millennium previously own more than 5% of Avalo Therapeutics (AVTX)?
Yes. The filing states the reporting persons acquired more than 5% beneficial ownership on January 28, 2026. By the date of the Schedule 13G, they report having reduced their beneficial ownership to 4.9% of Avalo’s outstanding common stock.
What certification do the filers make in the Avalo Therapeutics (AVTX) 13G?
They certify the securities were not acquired or held to change or influence control of Avalo and are not held in connection with any control-related transaction, other than activities solely related to a nomination under Rule 240.14a-11 as referenced in the certification language.