BlackRock (LWLG holder) discloses 12.0M-share, 7.8% position in Lightwave Logic
Rhea-AI Filing Summary
BlackRock, Inc. reports beneficial ownership of 12,040,420 shares of Lightwave Logic, Inc. common stock on a Schedule 13G. This position represents 7.8% of the outstanding common shares.
BlackRock has sole voting power over 11,776,540 shares and sole dispositive power over all 12,040,420 shares, with no shared voting or dispositive power. Various underlying clients have rights to dividends or sale proceeds, but no single client holds more than five percent of Lightwave Logic’s outstanding common stock.
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Key Figures
Beneficial ownership: 12,040,420 shares
Ownership percentage: 7.8%
Sole voting power: 11,776,540 shares
+3 more
6 metrics
Beneficial ownership
12,040,420 shares
Shares of Lightwave Logic common stock beneficially owned by BlackRock, Inc.
Ownership percentage
7.8%
Percent of Lightwave Logic common stock class held by BlackRock, Inc.
Sole voting power
11,776,540 shares
Shares for which BlackRock has sole power to vote or direct the vote
Shared voting power
0
Shares for which BlackRock has shared power to vote or direct the vote
Sole dispositive power
12,040,420 shares
Shares for which BlackRock has sole power to dispose or direct disposition
Shared dispositive power
0
Shares for which BlackRock has shared power to dispose or direct disposition
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"this reflects the securities beneficially owned, or deemed to be beneficially owned"
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.
Sole Voting Power financial
"5 | Sole Voting Power 11,776,540.00 6 | Shared Voting Power"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 12,040,420.00 8 | Shared Dispositive Power"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G regulatory
"form_type":"SCHEDULE 13G"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Power of Attorney regulatory
"Exhibit 24: Power of Attorney Exhibit 99"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Lightwave Logic (LWLG) does BlackRock’s stake represent?
BlackRock’s position represents 7.8% of the class of Lightwave Logic common stock. This percentage is based on the company’s outstanding shares as referenced in the Schedule 13G ownership section.
What dispositive power does BlackRock hold in Lightwave Logic (LWLG)?
BlackRock has sole dispositive power over 12,040,420 shares and no shared dispositive power. This means it can dispose of or direct the disposition of all reported shares on its own.
Do BlackRock’s underlying clients individually own more than 5% of Lightwave Logic (LWLG)?
No underlying client is reported to have an interest in more than five percent of Lightwave Logic’s outstanding common shares. Various persons may receive dividends or sale proceeds, but none exceeds this threshold.
Who signed the Schedule 13G for BlackRock regarding Lightwave Logic (LWLG)?
The Schedule 13G was signed by Spencer Fleming, Managing Director at BlackRock. The signature is accompanied by referenced exhibits, including a Power of Attorney and subsidiary identification details.