Millennium discloses 906,762-share Avalo Therapeutics (AVTX) position
Rhea-AI Filing Summary
Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander report beneficial ownership of 906,762 shares of Avalo Therapeutics, Inc. common stock, representing 4.9% of the class. They hold shared voting and dispositive power over these shares and no sole power.
The filing notes they briefly owned more than 5% of Avalo’s outstanding common stock on February 3, 2026, but were below the 5% threshold by the date of this statement. The reporting persons state the shares were not acquired to change or influence control of Avalo.
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FAQ
What ownership stake in Avalo Therapeutics (AVTX) does Millennium report?
Millennium and related reporting persons disclose beneficial ownership of 906,762 shares of Avalo Therapeutics common stock, equal to 4.9% of the class. They report shared voting and shared dispositive power over all these shares, with no sole voting or dispositive authority.
Who are the reporting persons in this Avalo Therapeutics (AVTX) Schedule 13G?
The Schedule 13G lists three reporting persons: Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander. The securities are held by entities subject to voting control and investment discretion of Millennium-managed entities and Mr. Englander, subject to the ownership disclaimers described.
When did Millennium cross the 5% ownership threshold in Avalo Therapeutics (AVTX)?
The filing states the reporting persons acquired beneficial ownership of more than 5% of Avalo’s outstanding common stock on February 3, 2026. By the date of this Schedule 13G, they had already reduced their holdings to 4.9% of the class, falling below the 5% reporting threshold.
Does Millennium intend to influence control of Avalo Therapeutics (AVTX)?
The certification explains the reported securities were not acquired and are not held for the purpose of changing or influencing control of Avalo Therapeutics. They also state the holdings are not in connection with any transaction having that purpose, except activities related to certain nomination rules.
Where are Avalo Therapeutics (AVTX) and Millennium’s principal offices located?
Avalo Therapeutics’ principal executive offices are at 1500 Liberty Ridge Drive, Suite 321, Wayne, Pennsylvania 19087. Millennium Management LLC and Millennium Group Management LLC list their principal business office as 399 Park Avenue, New York, New York 10022 in this ownership filing.