abrdn Inc. (ELOX) discloses 400,000-share, 9.91% holding in Eloxx
Rhea-AI Filing Summary
Aberdeen Group plc and its subsidiary abrdn Inc. report beneficial ownership of Eloxx Pharmaceuticals Inc. common stock. They state beneficial ownership of 400,000 shares of common stock, representing 9.91% of the class.
Both Aberdeen Group plc and abrdn Inc. report 0 shares with sole voting or dispositive power and 400,000 shares with shared voting and shared dispositive power. The filing notes that abrdn Inc. beneficially owns these shares on behalf of underlying clients, with Aberdeen Group plc as the parent and abrdn Holdings Limited as the intermediate holding company.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 400,000 shares
Percent of class: 9.91%
Shared voting power: 400,000 shares
+3 more
6 metrics
Shares beneficially owned
400,000 shares
Amount beneficially owned by Aberdeen Group plc and abrdn Inc.
Percent of class
9.91%
Percentage of Eloxx common stock class beneficially owned
Shared voting power
400,000 shares
Shares with shared power to vote or direct the vote
Shared dispositive power
400,000 shares
Shares with shared power to dispose or direct disposition
Sole voting power
0 shares
Shares with sole power to vote or direct the vote
Sole dispositive power
0 shares
Shares with sole power to dispose or direct disposition
Key Terms
beneficially owns, shared voting power, shared dispositive power, dispositive power, +1 more
5 terms
beneficially owns financial
"abrdn Inc. beneficially owns on behalf of our underlying clients 5% or greater"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
dispositive power financial
"Sole Dispositive Power 0.00 8 | Shared Dispositive Power 400,000.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
parent holding company financial
"Aberdeen Group plc is the parent company."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Eloxx Pharmaceuticals Inc (ELOX) does abrdn report owning?
abrdn reports beneficial ownership of 9.91% of Eloxx’s common stock. This represents 400,000 shares of common stock, as disclosed in the Schedule 13G ownership section for Aberdeen Group plc and abrdn Inc.
Which abrdn entities are listed as reporting persons for Eloxx (ELOX) in this Schedule 13G?
The Schedule 13G lists Aberdeen Group plc and abrdn Inc. as reporting persons. Aberdeen Group plc is identified as the parent company, with abrdn Holdings Limited as the intermediate holding company for abrdn Inc.