First Wilshire reports 5.4% stake in SILC Ltd (SILC)
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
First Wilshire Securities Management, Inc. filed an amended Schedule 13G reporting its beneficial ownership in SILC Ltd ordinary shares. It reports beneficial ownership of 304,808 shares, representing 5.4% of the outstanding class as of the event date.
The firm has sole voting power over 288,608 shares and sole dispositive power over 304,808 shares, with no shared voting or dispositive power. It certifies the position was acquired and is held in the ordinary course of business and not for the purpose of changing or influencing control of SILC Ltd.
Positive
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FAQ
What stake in SILC (SILC) does First Wilshire report on this Schedule 13G/A?
First Wilshire reports beneficial ownership of 304,808 SILC Ltd ordinary shares, equal to 5.4% of the class. This makes it a significant shareholder, with the filing detailing its voting and dispositive power over these shares under SEC beneficial ownership rules.
Does First Wilshire seek to influence control of SILC (SILC) with this 5.4% stake?
No, First Wilshire certifies the SILC shares were acquired and are held in the ordinary course of business, not to influence control. The certification states the holdings are not connected with any transaction intended to change or influence the control of SILC Ltd.
Who is the reporting person for this SILC (SILC) Schedule 13G/A filing?
The reporting person is First Wilshire Securities Management, Inc., a California entity. The filing lists its principal business office at 1214 East Green Street, Suite 104, Pasadena, California, and identifies the securities as SILC Ltd ordinary shares with CUSIP M84116108.
What type of securities in SILC (SILC) are covered by this Schedule 13G/A?
The filing covers SILC Ltd “ORD” ordinary shares with CUSIP M84116108. These ordinary shares are the issuer’s equity securities in which First Wilshire reports beneficial ownership, including its voting and dispositive powers, under SEC Schedule 13G reporting requirements.