BlackRock reports 4.3% stake in Gogo Inc
BlackRock, Inc. filed an amended Schedule 13G reporting its beneficial ownership in Gogo Inc common stock.
Rhea-AI Filing Summary
BlackRock, Inc. filed an amended Schedule 13G reporting its beneficial ownership in Gogo Inc common stock. BlackRock reports beneficial ownership of 5,820,204 shares of Gogo common stock, representing 4.3% of the outstanding class. Of these, 5,711,873 shares are subject to sole voting power and all 5,820,204 shares are subject to sole dispositive power, with no shared voting or dispositive power reported.
The ownership is held through certain business units of BlackRock and its subsidiaries, which are aggregated for reporting, while other BlackRock units may be disaggregated. Various underlying clients and investors have rights to dividends or sale proceeds from these shares, but no single person has an interest in more than five percent of Gogo’s total outstanding common shares. The report is signed by a Managing Director of BlackRock under a Power of Attorney.
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Key Figures
Key Terms
beneficially owned financial
Sole Voting Power financial
Sole Dispositive Power financial
parent holding company financial
Power of Attorney regulatory
FAQ
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What percentage of Gogo Inc (GOGO) does BlackRock’s stake represent?
How much voting power does BlackRock have in Gogo Inc (GOGO)?
Does any single BlackRock client hold more than 5% of Gogo Inc (GOGO)?
Why is BlackRock’s Gogo Inc (GOGO) ownership described as 5 percent or less?
AI-generated analysis. How Rhea-AI works. Not financial advice.