Eli Lilly lists 1.05M-share stake in Scribe Therapeutics
ELI LILLY & Co reported its initial beneficial ownership in Scribe Therapeutics, Inc. (SCTX) as a 10% owner.
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Rhea-AI Filing Summary
ELI LILLY & Co reported its initial beneficial ownership in Scribe Therapeutics, Inc. (SCTX) as a 10% owner. It holds 1,054,828 shares of Common Stock on a direct basis. The company states that, after the closing of Scribe Therapeutics' initial public offering, it will cease to be a 10% owner and will no longer have Section 16 reporting obligations.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Key Figures
Key Terms
Section 16 reporting obligations regulatory
10% Owner regulatory
initial public offering financial
beneficial ownership financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Eli Lilly (LLY) report in this Form 3 regarding Scribe Therapeutics (SCTX)?
Will Eli Lilly (LLY) remain a 10% owner of Scribe Therapeutics (SCTX) after the IPO?
Does this Eli Lilly (LLY) Form 3 report any recent transactions in Scribe Therapeutics (SCTX) stock?
What is the significance of Section 16 reporting for Eli Lilly’s stake in Scribe Therapeutics (SCTX)?
AI-generated analysis. How Rhea-AI works. Not financial advice.