BlackRock (NYSE: BLK) discloses 1.0% beneficial ownership in Skinhealth Systems (SKIN)
Rhea-AI Filing Summary
BlackRock, Inc. filed Amendment No. 1 to a Schedule 13G reporting its beneficial ownership of Class A Stock of SKINHEALTH SYSTEMS INC. BlackRock reports beneficial ownership of 1,301,291 shares, representing 1.0% of the outstanding Class A Stock.
BlackRock has sole voting power and sole dispositive power over all 1,301,291 shares, with no shared voting or dispositive power. Various persons have rights to receive dividends or proceeds from these shares, but no individual person has an interest in more than five percent of the total outstanding common shares.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 1,301,291 shares
Percent of class: 1.0%
Sole voting power: 1,301,291 shares
+3 more
6 metrics
Beneficially owned shares
1,301,291 shares
Class A Stock of SKINHEALTH SYSTEMS INC. reported by BlackRock, Inc.
Percent of class
1.0%
Percentage of SKINHEALTH SYSTEMS INC. Class A Stock beneficially owned by BlackRock
Sole voting power
1,301,291 shares
Shares over which BlackRock has sole power to vote or direct the vote
Shared voting power
0 shares
Shares over which BlackRock has shared power to vote
Sole dispositive power
1,301,291 shares
Shares over which BlackRock has sole power to dispose or direct disposition
Shared dispositive power
0 shares
Shares over which BlackRock has shared power to dispose
Key Terms
beneficially owned, sole voting power, sole dispositive power, percent of class, +1 more
5 terms
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 1,301,291.00 6 | Shared Voting Power 0.00"
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 1,301,291.00 8 | Shared Dispositive Power 0.00"
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
"(b) | Percent of class: 1.0 %"
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.
Schedule 13G regulatory
"In accordance with SEC Release No. 34-39538 (January 12, 1998), this reflects the securities"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of SKIN (SKINHEALTH SYSTEMS INC.) does BlackRock currently report owning?
BlackRock reports beneficial ownership of 1.0% of SKINHEALTH SYSTEMS INC. Class A Stock. This corresponds to 1,301,291 shares over which it has sole voting and dispositive power, as disclosed in Amendment No. 1 to its Schedule 13G.
Why does SKIN’s filing state ownership of 5 percent or less of a class?
The filing states ownership of 5 percent or less because BlackRock’s reported stake in SKINHEALTH SYSTEMS INC. Class A Stock is 1.0%. This falls below the 5% threshold while still requiring ongoing Schedule 13G reporting as a qualified institutional investor.
What type of security in SKIN does BlackRock report holding in this Schedule 13G/A?
BlackRock reports beneficial ownership of Class A Stock of SKINHEALTH SYSTEMS INC. The filing identifies the security as Class A Stock with CUSIP 88331L108, and all reported ownership figures relate to that class of shares.