Karyopharm gets 5.7% passive stake from Millennium
Millennium-affiliated entities and Israel A. Englander report a 5.7% beneficial stake in Karyopharm Therapeutics common stock, all held with shared voting and dispositive power.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Karyopharm Therapeutics Inc. (KPTI) has a significant shareholder group led by Integrated Core Strategies (US) LLC, Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander reporting beneficial ownership of 1,297,297 shares of common stock. This position represents 5.7% of Karyopharm’s outstanding common stock.
For each reporting person, there is no sole voting or dispositive power and 1,297,297 shares of shared voting and shared dispositive power. The securities are held by entities subject to voting control and investment discretion by Millennium Management LLC and/or other investment managers controlled by Millennium Group Management LLC and Mr. Englander, and the reporting persons state this should not be construed as an admission of beneficial ownership of those securities.
Key Figures
Key Terms
beneficially owned financial
dispositive power financial
Schedule 13G regulatory
Joint Filing Agreement regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What percentage of Karyopharm Therapeutics (KPTI) does this 13G filing represent?
What disclaimer about beneficial ownership do the Millennium entities and Israel A. Englander include for KPTI stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.