Sprott Inc. (IAUX) reports 37.8M i-80 Gold shares under shared control
Rhea-AI Filing Summary
Sprott Inc. and its subsidiary Sprott Asset Management USA Inc. report beneficial ownership of i-80 Gold Corp. common shares. Each reports holding 37,776,350 common shares, representing 5.3% of the outstanding class.
Both entities report no sole voting or dispositive power and instead have shared voting and shared dispositive power over 37,776,350 shares. All of these securities are directly owned by advisory clients of Sprott Asset Management USA Inc., and none of those clients is deemed to beneficially own more than 5% of the common shares. The reporting persons disclaim beneficial ownership except to the extent of their pecuniary interest.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 37,776,350 shares
Shares beneficially owned: 37,776,350 shares
Ownership percentage: 5.3%
+3 more
6 metrics
Shares beneficially owned
37,776,350 shares
Beneficially owned by Sprott Inc.
Shares beneficially owned
37,776,350 shares
Beneficially owned by Sprott Asset Management USA Inc.
Ownership percentage
5.3%
Percent of i-80 Gold Corp. common shares for each reporting person
Shared voting power
37,776,350 shares
Shares with shared power to vote or direct the vote for each reporting person
Sole voting power
0 shares
Shares with sole power to vote for each reporting person
Shared dispositive power
37,776,350 shares
Shares with shared power to dispose or direct the disposition for each reporting person
Key Terms
beneficially owned, shared voting power, shared dispositive power, pecuniary interest, +1 more
5 terms
beneficially owned financial
"Amount beneficially owned: Sprott Inc. - 37,776,350"
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.
pecuniary interest financial
"disclaims beneficial ownership...except to the extent of his, her or its pecuniary interest"
parent holding company financial
"Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company"
FAQ
What percentage of i-80 Gold Corp. (IAUX) does Sprott report owning?
Sprott Inc. and Sprott Asset Management USA Inc. each report beneficial ownership of 5.3% of i-80 Gold Corp.’s common shares, representing 37,776,350 shares, with shared voting and dispositive power over those shares held for advisory clients.
Do Sprott Inc. and Sprott Asset Management USA Inc. disclaim beneficial ownership of IAUX?
Yes. Each reporting person disclaims beneficial ownership of the i-80 Gold Corp. securities except to the extent of its pecuniary interest, and the report is not deemed an admission of beneficial ownership for any purpose.
AI-generated analysis. How Rhea-AI works. Not financial advice.