Avenir reports 8.3% Cytosorbents (CTSO) ownership stake in 13G/A
Rhea-AI Filing Summary
Avenir Corporation and James H. Rooney report significant ownership in Cytosorbents Corp. They disclose beneficial ownership of 5,230,099 shares of Cytosorbents common stock, representing about 8.3% of the outstanding class.
The filing states they share voting and dispositive power over these shares. Avenir is described as a Virginia-based investment adviser, and Rooney is its portfolio manager and shareholder. They certify the position was acquired and is held in the ordinary course of business and not for the purpose of changing or influencing control of Cytosorbents.
Positive
- None.
Negative
- None.