Millennium reports 5.2% stake in Forte Biosciences
Sentiment and the balance of points
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Rhea-AI Filing Summary
Forte Biosciences (Common Stock): A joint Schedule 13G filing states that Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander report shared voting and dispositive power over 1,062,182 shares, representing 5.2% of the class, with the cover date 06/04/2026. The filing explains these shares are held by entities subject to voting control and investment discretion by Millennium Management LLC and related managers. The filers executed a Joint Filing Agreement dated June 5, 2026 and provided the issuer address at 3060 Pegasus Park Drive, Building 6, Dallas, Texas 75247.
Insights
Millennium reports a passive 5.2% stake via shared control of 1,062,182 shares.
The filing lists shared voting and shared dispositive power over 1,062,182 shares (5.2% of the class) as of 06/04/2026. It attributes holdings to entities under Millennium's voting and investment discretion rather than direct sole ownership.
Governance implications hinge on whether this group coordinates future filings or transactions; subsequent SEC schedules or press releases would disclose any change in status or voting intentions.
Key Figures
Key Terms
Schedule 13G regulatory
Joint Filing Agreement legal
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does Millennium report in Forte Biosciences (FBRX)?
Who signed the Schedule 13G for FBRX?
Is there an agreement among the filers?
What address is listed for the issuer in the filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.