Millennium entities disclose 3.43M shares in SAB Biotherapeutics (SABS)
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary
SAB Biotherapeutics (SABS) reports that Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander disclose shared beneficial ownership of 3,432,153 shares of Common Stock, representing 5.1% of the class. The filing is a joint Schedule 13G statement dated April 30, 2026.
The percent of the class was calculated using 66,934,576 shares outstanding as of March 17, 2026 per the issuer's prospectus supplement. The reported shares are held through entities over which the reporting persons have shared voting and dispositive power, and a Joint Filing Agreement is attached.
Positive
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Key Figures
Reported shares: 3,432,153 shares
Percent of class: 5.1%
Shares outstanding used: 66,934,576 shares
3 metrics
Reported shares
3,432,153 shares
shared beneficial ownership reported on Schedule 13G
Percent of class
5.1%
percent calculated per Schedule 13G cover pages
Shares outstanding used
66,934,576 shares
as of March 17, 2026 prospectus supplement
Key Terms
Schedule 13G, beneficially owned, shared dispositive power
3 terms
Schedule 13G regulatory
"If a group has filed this schedule pursuant to"
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
"Amount beneficially owned: See response to Item 9"
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.
FAQ
What does the Schedule 13G filed for SABS show?
The filing shows Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander report shared beneficial ownership of 3,432,153 shares representing 5.1% of SABS common stock, per the Schedule 13G dated April 30, 2026.
How was the 5.1% ownership percentage for SABS calculated?
The percentage uses a denominator of 66,934,576 shares outstanding as stated in SAB Biotherapeutics' prospectus supplement dated March 17, 2026, which the Schedule 13G references for its calculation.
What agreement governs the joint filing for SABS?
A Joint Filing Agreement dated April 30, 2026 among Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander is attached as Exhibit I to the Schedule 13G.