Millennium reports 3.2% Forte Biosciences (FBRX) stake in ownership filing
Rhea-AI Filing Summary
Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander report beneficial ownership of 655,199 shares of Forte Biosciences, Inc. common stock, representing 3.2% of the common stock class.
The reporting persons have no sole voting or dispositive power and instead report shared voting and shared dispositive power over all 655,199 shares. The securities are held by affiliated entities over which they exercise voting control or investment discretion, and they state this disclosure should not itself be construed as an admission of beneficial ownership. They also confirm ownership of 5 percent or less of the class.
Positive
- None.
Negative
- None.
Key Figures
Beneficial Ownership: 655,199 shares
Ownership Percentage: 3.2 %
Shared Voting Power: 655,199 shares
+3 more
6 metrics
Beneficial Ownership
655,199 shares
Amount beneficially owned by each reporting person in Forte Biosciences common stock
Ownership Percentage
3.2 %
Percent of Forte Biosciences common stock class reported owned
Shared Voting Power
655,199 shares
Shares over which the reporting persons have shared power to vote or direct the vote
Sole Voting Power
0 shares
Shares over which the reporting persons have sole power to vote or direct the vote
Shared Dispositive Power
655,199 shares
Shares over which the reporting persons have shared power to dispose or direct disposition
Sole Dispositive Power
0 shares
Shares over which the reporting persons have sole power to dispose or direct disposition
Key Terms
beneficially owned, shared voting power, dispositive power, percent of class, +1 more
5 terms
beneficially owned regulatory
"Amount beneficially owned: See response to Item 9 on each cover page."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
dispositive power regulatory
"Shared Dispositive Power 655,199.00"
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.
percent of class regulatory
"Percent of class: See response to Item 11 on each cover page."
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
Joint Filing Agreement regulatory
"Exhibit I: Joint Filing Agreement, dated as of July 15, 2026"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Forte Biosciences (FBRX) does Millennium hold?
The reporting persons state that their Forte Biosciences common stock holding represents 3.2% of the class. They also indicate that they own 5 percent or less of the outstanding class of this security.
Who are the reporting persons in this Forte Biosciences (FBRX) ownership report?
The Schedule 13G/A identifies three reporting persons: Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander. Each reports the same 655,199 shares and 3.2% beneficial ownership of Forte Biosciences common stock.
Where are the principal business offices of the reporting persons in the Forte Biosciences (FBRX) filing?
Millennium Management LLC and Millennium Group Management LLC list their principal business offices at 399 Park Avenue, New York, New York 10022. Israel A. Englander is listed care of Millennium Management LLC at the same address.