BlackRock (NYSE: BLK) discloses 5.5% beneficial stake in Gemini Space Station (GEMI)
Rhea-AI Filing Summary
BlackRock, Inc. reports beneficial ownership of Class A Stock of GEMINI SPACE STATION INC on a Schedule 13G. BlackRock and certain of its business units beneficially own 2,834,377 shares, representing 5.5% of the Class A Stock.
BlackRock has sole voting power over 2,798,659 shares and sole dispositive power over 2,834,377 shares, with no shared voting or dispositive power. Various underlying clients have rights to dividends or sale proceeds, but no single client holds more than five percent of the outstanding common shares.
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Key Figures
Beneficial ownership: 2,834,377 shares
Percent of class: 5.5%
Sole voting power: 2,798,659 shares
+3 more
6 metrics
Beneficial ownership
2,834,377 shares
Class A Stock beneficially owned by BlackRock, Inc.
Percent of class
5.5%
Percentage of Gemini Space Station Class A Stock beneficially owned
Sole voting power
2,798,659 shares
Shares over which BlackRock has sole power to vote
Sole dispositive power
2,834,377 shares
Shares over which BlackRock has sole power to dispose
Shared voting power
0 shares
Shares with shared power to vote or direct the vote
Shared dispositive power
0 shares
Shares with shared power to dispose or direct disposition
Key Terms
Schedule 13G, beneficially owned, sole voting power, sole dispositive power, +1 more
5 terms
Schedule 13G regulatory
"BlackRock, Inc. reports beneficial ownership of Class A Stock on a Schedule 13G."
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially owned financial
"this reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units"
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.
sole voting power financial
"Sole Voting Power 2,798,659.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"Sole Dispositive Power 2,834,377.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
parent holding company regulatory
"Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of GEMI does BlackRock, Inc. report owning on this Schedule 13G?
BlackRock, Inc. reports beneficial ownership of 5.5% of GEMINI SPACE STATION INC’s Class A Stock. This represents 2,834,377 shares as disclosed in the ownership section of the Schedule 13G.
What dispositive power does BlackRock, Inc. report over GEMI stock?
BlackRock, Inc. reports sole dispositive power over 2,834,377 GEMINI SPACE STATION INC Class A shares. It has no shared dispositive power, meaning decisions to sell or otherwise dispose of these shares rest with BlackRock’s reporting units.
Who signed the beneficial ownership report for GEMI on behalf of BlackRock?
Spencer Fleming, a Managing Director at BlackRock, Inc., signed the beneficial ownership report. The signature page confirms his role in executing the Schedule 13G filing on behalf of BlackRock.