Gilead Sciences (CYPH) discloses 0% beneficial stake in Cypherpunk Technologies
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
Cypherpunk Technologies Inc. (CYPH) is the subject of an amended Schedule 13G filing by Gilead Sciences, Inc. covering its holdings of Cypherpunk common stock, par value $0.001 per share, CUSIP 52187K200.
Gilead now reports beneficial ownership of 0 shares of Cypherpunk common stock, representing 0% of the class, with no sole or shared voting or dispositive power. The filing states that Gilead's ownership is now "5 percent or less" of the class.
Gilead certifies that any securities referenced were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Cypherpunk, nor in connection with any transaction intended to have that effect.
Positive
- None.
Negative
- None.
FAQ
What does Gilead Sciences report about its ownership of Cypherpunk Technologies (CYPH)?
Gilead Sciences reports beneficial ownership of 0 shares of Cypherpunk Technologies common stock, representing 0% of the class. The Schedule 13G/A confirms Gilead has no sole or shared voting or dispositive power over CYPH shares.
Why did Gilead Sciences file an amended Schedule 13G/A for CYPH?
Gilead filed the amended Schedule 13G/A to report that it now beneficially owns 0 shares, or 0% of Cypherpunk’s common stock. The filing reflects that its holdings have fallen to 5 percent or less of the class.
What class of securities does the Gilead filing cover for Cypherpunk Technologies (CYPH)?
The filing covers Cypherpunk Technologies’ common stock, with a par value of $0.001 per share and CUSIP number 52187K200. All reported ownership and percentage figures in the Schedule 13G/A relate specifically to this class.
Does Gilead Sciences seek to influence control of Cypherpunk Technologies (CYPH)?
Gilead certifies that any Cypherpunk securities referenced were acquired and are held in the ordinary course of business. It states they were not acquired or held to change or influence control of Cypherpunk or in any transaction designed for that purpose.