[SCHEDULE 13G/A] uniQure N.V. SEC Filing
uniQure N.V. (QURE): Nantahala and its principals report a 3.75% beneficial stake. As of June 30, 2025, Nantahala Capital Management, LLC and its managing members, Wilmot B. Harkey and Daniel Mack, may be deemed beneficial owners of 2,051,852 ordinary shares, representing 3.75% of the outstanding class. The filing states that all reported shares are held by funds and separately managed accounts under Nantahala's control and that the Reporting Persons have shared voting and shared dispositive power over those shares, with no sole voting or dispositive power reported. The filing is made under Schedule 13G classification for an investment adviser and indicates the position is held in the ordinary course of business and not for the purpose of changing control.
- Transparent disclosure of beneficial ownership by an investment adviser and its principals
- Stake size (2,051,852 shares) is clearly quantified, enabling investor visibility
- Filed under Schedule 13G, indicating a passive investment posture rather than an activist intent
- Stake is below 5%, limiting immediate governance or control influence
- No sole voting or dispositive power reported, reducing direct influence over company decisions
Insights
TL;DR: A passive 3.75% stake disclosed by an investment adviser; not an activist or control position.
The Schedule 13G shows Nantahala and two managing members collectively beneficially own 2,051,852 ordinary shares (3.75%). Classification under the 13G investment-adviser provision and the certification that the position is held in the ordinary course of business indicate a passive holding rather than an intent to influence control. Shared voting and dispositive power are reported, which is typical when shares are held through funds or managed accounts. For investors, this is a disclosure of a meaningful institutional stake but below common 5% thresholds that often trigger heightened market attention or control presumptions.
TL;DR: Reporting shows coordinated beneficial ownership but no sole control; governance impact appears limited.
The filing attributes shared voting and disposition rights to Nantahala and its principals, reflecting control via managed vehicles rather than direct individual control. At 3.75% of the class, this stake is material enough to warrant disclosure but is unlikely alone to change governance outcomes or trigger takeover defenses. The explicit certification that the shares are not held to influence control reinforces the passive posture required for a 13G filing by an investment adviser.