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Royce & Associates reports 4.38% CPI Aerostructures (NYSE: CVU) stake

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Royce & Associates filed an amended Schedule 13G reporting beneficial ownership of 577,202 shares of CPI Aerostructures, Inc. common stock, representing 4.38% of the class.

Royce & Associates has sole voting and sole dispositive power over these shares, with no shared authority. The firm certifies that the securities are held in the ordinary course of business and not to change or influence control of CPI Aerostructures. An exhibit explains that the shares are held in client accounts of Royce & Associates, an investment adviser affiliated with Franklin Resources, and that Royce & Associates disclaims pecuniary and group ownership beyond its investment management role.

Positive

  • None.

Negative

  • None.





Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G





SCHEDULE 13G



ROYCE & ASSOCIATES LP
Signature:Daniel A. O'Byrne
Name/Title:Vice President
Date:01/26/2026
Exhibit Information

The securities reported herein are beneficially owned by one or more registered investment companies or other managed accounts that are investment management clients of Royce & Associates, LP ("RALP"), an indirect majority owned subsidiary of Franklin Resources, Inc.("FRI"). When an investment management contract (including a sub advisory agreement) delegates to RALP investment discretion or voting power over the securities held in the investment advisory accounts that are subject to that agreement, FRI treats RALP as having sole investment discretion or voting authority, as the case may be, unless the agreement specifies otherwise. Accordingly, RALP reports on Schedule 13G that it has sole investment discretion and voting authority over the securities covered by any such investment managementagreement, unless otherwise noted in this Item 4. As a result, for purposes of Rule 13d 3 under the Act, RALP may be deemed to be the beneficial owner of the securities reported in this Schedule 13G. Beneficial ownership by investment management subsidiaries and other affiliates of FRI is being reported in conformity with the guidelines articulated by the SEC staff in Release No. 3439538 (January 12, 1998) relating to organizations, such as FRI, where related entities exercise voting and investment powers over the securities being reported independently from eachother. The voting and investment powers held by RALP are exercised independently from FRI(RALP's parent holding company) and from all other investment management subsidiaries of FRI (FRI, its affiliates and investment management subsidiaries other than RALP are, collectively, "FRI affiliates"). Furthermore, internal policies and procedures of RALP and FRI affiliates establish informational barriers that prevent the flow between RALP and the FRI affiliates of information that relates to the voting and investment powers over the securities owned by their respective investment management clients. Consequently, RALP and the FRI affiliates report the securities over which they hold investment and voting power separately from each other for purposes of Section 13 of the Act. Charles B. Johnson and Rupert H. Johnson, Jr. (the "Principal Shareholders") may each own in excess of 10% of the outstanding common stock of FRI and are the principal stockholders of FRI (see FRI's Proxy Statement-Stock Ownership of Certain Beneficial Owners). However, because RALP exercises voting and investment powers on behalf of its investment management clients independently of FRI affiliates, beneficial ownership of the securities reported by RALP is not attributed to the Principal Shareholders. RALP disclaims any pecuniary interest in any of the securities reported in this Schedule 13G. In addition, the filing of this Schedule 13G on behalf of RALP should not be construed as an admission that it is, and it disclaims that it is, the beneficial owner, as defined in Rule 13d 3, of any of such securities. Furthermore, RALP believes that it is not a "group" with FRI affiliates, the Principal Shareholders, or their respective affiliates within the meaning of Rule 13d 5 under the Act and that none of them is otherwise required to attribute to any other the beneficial ownership of the securities held by such person or by any persons or entities for whom or for which RALP or the FRI affiliates provide investment management services.

FAQ

What stake in CPI Aerostructures (CVU) does Royce & Associates report?

Royce & Associates reports beneficial ownership of 577,202 shares of CPI Aerostructures, Inc. common stock, representing 4.38% of the class.

Does Royce & Associates have voting control over its CVU shares?

Royce & Associates reports sole power to vote and sole power to dispose of all 577,202 CPI Aerostructures shares, with no shared voting or dispositive power.

Is Royce & Associates seeking to influence control of CPI Aerostructures (CVU)?

Royce & Associates certifies the securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing control of CPI Aerostructures.

Who ultimately benefits from the CPI Aerostructures shares reported by Royce & Associates?

The securities are beneficially owned by one or more registered investment companies and other managed accounts that are investment management clients of Royce & Associates, LP, which disclaims any pecuniary interest in the reported shares.

How is Royce & Associates related to Franklin Resources in this CVU filing?

Royce & Associates, LP is described as an indirect majority owned subsidiary of Franklin Resources, Inc., but it states that its voting and investment powers over the reported CPI Aerostructures securities are exercised independently from Franklin Resources and its other affiliates.

What percentage threshold does this Schedule 13G/A reference for Royce & Associates in CVU?

The filing states that Royce & Associates’ 4.38% holding represents ownership of 5 percent or less of the class of CPI Aerostructures common stock.
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