Welcome to our dedicated page for BlackRock Tech and Private Equity Term SEC filings (Ticker: BTX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Brooklyn is focused on exploring the role that cytokine-based therapy can have in treating patients with cancer, both as a single agent and in combination with other anti-cancer therapies. The company is also exploring opportunities to advance therapies using leading edge gene editing/cell therapy technology through its option agreements with Factor Bioscience and Novellus. Brooklyn’s most advanced program is studying the safety and efficacy of IRX-2 in patients with head and neck cancer. In a Phase 2A clinical trial in head and neck cancer, IRX-2 demonstrated an overall survival benefit. Additional studies are either underway or planned in other solid tumor cancer indications.Key take-away: A Schedule 4 filing shows that Saba Capital Management, L.P. and its founder Boaz Weinstein – previously 10 % owners of BlackRock Technology & Private Equity Term Trust (ticker BTX) – tendered 60,675,395 common shares to the issuer on 07/09/2025 under the fund’s tender-offer programme (transaction code J).
The shares were disposed of at a stated price of $7.49 per share. After the transaction, the reporting parties list 0 shares beneficially owned, signalling a complete exit from their prior position. Because the sellers had been classified as 10 % beneficial owners, the move materially changes BTX’s ownership structure and removes an activist-oriented shareholder from the register.
Section 16 requires prompt disclosure when insiders or 10 % holders change their stakes. Investors may interpret the filing as (1) confirmation that the tender offer successfully repurchased a large block and (2) a potential shift in future governance dynamics, given Saba’s historic involvement in closed-end fund activism. No derivative positions were reported in Table II.