BlackRock (NYSE: BLK) discloses 6.6% ownership of EverSpin Technologies (MRAM)
Rhea-AI Filing Summary
BlackRock, Inc. filed a Schedule 13G reporting a passive ownership stake in EVERSPIN TECHNOLOGIES INC common stock. BlackRock reports beneficial ownership of 1,553,140 shares, representing 6.6% of the outstanding common stock.
BlackRock has sole voting power over 1,532,470 shares and sole dispositive power over 1,553,140 shares, with no shared voting or dispositive power. The filing notes that various underlying clients may receive dividends or sale proceeds, but no single client has more than five percent of EverSpin’s outstanding common shares.
Positive
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Negative
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Key Figures
Beneficially owned shares: 1,553,140 shares
Percent of class: 6.6%
Sole voting power: 1,532,470 shares
+3 more
6 metrics
Beneficially owned shares
1,553,140 shares
Common stock beneficially owned by BlackRock, Inc.
Percent of class
6.6%
Portion of EverSpin common stock class held by BlackRock
Sole voting power
1,532,470 shares
Shares for which BlackRock has sole power to vote
Shared voting power
0 shares
Shares for which BlackRock has shared voting power
Sole dispositive power
1,553,140 shares
Shares for which BlackRock can solely direct disposition
Shared dispositive power
0 shares
Shares for which BlackRock has shared dispositive power
Key Terms
Schedule 13G, beneficially owned, sole voting power, sole dispositive power, +1 more
5 terms
Schedule 13G regulatory
"BlackRock, Inc. filed a Schedule 13G reporting a passive ownership stake"
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.
beneficially owned financial
"reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units"
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
"Sole Voting Power 1,532,470.00"
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
"Sole Dispositive Power 1,553,140.00"
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.
percent of class financial
"Percent of class: 6.6 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stake does BlackRock report in EVERSPIN TECHNOLOGIES INC (MRAM)?
BlackRock reports beneficial ownership of 1,553,140 shares of EVERSPIN TECHNOLOGIES INC common stock, representing 6.6% of the class. This makes BlackRock a significant institutional holder with a passive reporting status under Schedule 13G.
Where is EVERSPIN TECHNOLOGIES INC headquartered as noted in this filing?
EVERSPIN TECHNOLOGIES INC’s principal executive offices are at 5670 W. Chandler Boulevard, Suite 130, Chandler, AZ 85226. This address identifies the issuer’s main business location in the Schedule 13G.