BlackRock (OPFI) discloses 6.8% passive stake in OppFi Class A
Rhea-AI Filing Summary
OppFi Inc. received an amended ownership report from BlackRock, Inc., which filed Amendment No. 1 to a Schedule 13G for OppFi’s Class A stock. BlackRock reports beneficial ownership of 1,883,407 Class A shares, representing 6.8% of the class. It has sole power to vote 1,858,043 shares and sole power to dispose of 1,883,407 shares, with no shared voting or dispositive power.
BlackRock describes itself as a holding company and states that these securities are held in the ordinary course of business, not for the purpose of changing or influencing control of OppFi. Various underlying clients have rights to dividends or sale proceeds from OppFi shares managed by BlackRock, but no single client has more than five percent of the total outstanding common shares.
Positive
- None.
Negative
- None.