Jade Biosciences (NASDAQ: JBIO) has 6.8% stake held by Bellevue
Rhea-AI Filing Summary
Bellevue Group AG, through its wholly owned subsidiary Bellevue Asset Management AG, reported a significant passive ownership stake in Jade Biosciences, Inc. common stock. They beneficially own 3,341,103 shares, representing 6.8% of the outstanding common stock, with shared voting and dispositive power over all of these shares.
The filing states that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Jade Biosciences. Bellevue and its subsidiary certify that the information provided is true, complete, and correct.
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FAQ
What ownership stake in JBIO does Bellevue Group report on this Schedule 13G?
Bellevue Group reports beneficial ownership of 3,341,103 shares of Jade Biosciences, Inc. common stock, representing 6.8% of the outstanding class. The filing shows Bellevue and its subsidiary share both voting and dispositive power over all of these reported shares.
Is Bellevue Group’s stake in Jade Biosciences (JBIO) a passive investment?
Yes. Bellevue certifies the securities were acquired and are held in the ordinary course of business as a passive investment. The filing states they were not acquired and are not held to change or influence control of Jade Biosciences, nor in connection with any such transaction.
Who are the reporting persons on the Jade Biosciences (JBIO) Schedule 13G?
The reporting persons are Bellevue Group AG and its wholly owned subsidiary, Bellevue Asset Management AG, both organized in Switzerland. The statement is filed jointly, reflecting their shared voting and dispositive power over the same block of Jade Biosciences common shares.
What regulatory status does Bellevue Asset Management claim in this JBIO filing?
The filing identifies Bellevue as a parent holding company or control person with its subsidiary Bellevue Asset Management AG. It notes classification under provisions for non-U.S. institutions regulated by the Swiss Financial Market Supervisory Authority (FINMA), supporting its eligibility to file on Schedule 13G.