JPMorgan reports 6.3% stake in LB Pharmaceuticals
JPMorgan Chase & Co. has filed a Schedule 13G reporting a passive ownership stake in LB Pharmaceuticals Inc. common stock.
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Rhea-AI Filing Summary
JPMorgan Chase & Co. has filed a Schedule 13G reporting a passive ownership stake in LB Pharmaceuticals Inc. common stock. The firm reports beneficial ownership of 1,611,482 shares, representing 6.3% of the company’s outstanding common stock as of the event date.
JPMorgan has sole voting power over 1,471,295 shares and sole dispositive power over 1,611,482 shares, with no shared voting or dispositive power. The filing is certified as being made in the ordinary course of business and states that the securities are not held for the purpose of changing or influencing control of LB Pharmaceuticals.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What ownership stake does JPMorgan Chase & Co. report in LBRX?
Is JPMorgan’s position in LBRX reported as passive or active?
When did JPMorgan’s LBRX ownership level triggering this filing occur?
Which JPMorgan entities are associated with the LBRX holdings?
What type of reporting person is JPMorgan in this LBRX Schedule 13G?
AI-generated analysis. How Rhea-AI works. Not financial advice.