Institutional Holder BAF Reports 3.46M BIOX Shares (5.52%)
Rhea-AI Filing Summary
BAF Latam Credit Fund B.V. reports beneficial ownership of 3,461,430 ordinary shares of Bioceres Crop Solutions Corp. (BIOX), representing 5.52% of the class based on the issuer's reported outstanding share count of 62,712,602. The filing states BAF holds sole voting power and sole dispositive power over the disclosed shares.
The statement was submitted on Schedule 13G and includes an Item 10 certification that the securities were not acquired to change or influence control of the issuer, indicating the filer describes the position as passive under the Schedule 13G framework.
Positive
- BAF disclosed beneficial ownership of 3,461,430 shares, representing 5.52% of BIOX's outstanding class.
- Sole voting and sole dispositive power over the disclosed shares is explicitly reported.
- Filed on Schedule 13G with Item 10 certification stating the position was not acquired to change control, clarifying passive intent.
Negative
- None.
Insights
TL;DR: BAF reports a passive, >5% stake in BIOX with full voting and dispositive powers over 3.46M shares.
From a capital markets perspective this Schedule 13G discloses a material minority holding: 3,461,430 shares (5.52%). The filing explicitly records sole voting and dispositive authority for those shares, which means BAF can exercise voting rights on that block but has certified the position as passive under Schedule 13G. The disclosure improves transparency around shareholder composition but does not, by itself, signal an intent to change control.
TL;DR: Ownership crosses the 5% reporting threshold and is documented as passive with a formal certification against control-seeking.
The filing identifies BAF Latam Credit Fund B.V. as a non-U.S. entity organized in the Netherlands holding sole voting and dispositive power over the disclosed shares. The use of Schedule 13G and the Item 10 certification are procedurally consistent with a passive investor disclosure. This provides clarity for governance registers about a concentrated, but non-controlling, shareholder position.