BlackRock (NYSE: BLK) discloses 7.5% beneficial stake in Solid Power (SLDP)
Rhea-AI Filing Summary
BlackRock, Inc. filed an amended Schedule 13G reporting a significant ownership position in Solid Power Inc. Class A Stock. BlackRock reports beneficial ownership of 16,851,924 shares, representing 7.5% of the outstanding Class A shares.
BlackRock reports sole voting power over 16,499,483 shares and sole dispositive power over 16,851,924 shares, with no shared voting or dispositive power. Various underlying clients and investors have rights to dividends or sale proceeds, but no single such person holds more than five percent of Solid Power’s outstanding common shares.
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Key Figures
Shares beneficially owned: 16,851,924 shares
Percent of class: 7.5%
Sole voting power: 16,499,483 shares
+3 more
6 metrics
Shares beneficially owned
16,851,924 shares
Beneficial ownership of Solid Power Class A Stock reported by BlackRock
Percent of class
7.5%
Portion of Solid Power Class A represented by BlackRock’s holdings
Sole voting power
16,499,483 shares
Shares for which BlackRock has sole power to vote or direct the vote
Shared voting power
0 shares
Shares for which BlackRock has shared voting power
Sole dispositive power
16,851,924 shares
Shares for which BlackRock can solely direct disposition
Shared dispositive power
0 shares
Shares for which BlackRock has shared dispositive power
Key Terms
beneficially owned, sole voting power, sole dispositive power, dispositive power, +1 more
5 terms
beneficially owned financial
"this reflects the securities beneficially owned, or deemed to be beneficially owned"
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 16,499,483.00"
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 16,851,924.00"
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.
dispositive power financial
"power to dispose or to direct the disposition of"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Schedule 13G regulatory
"This schedule has been filed pursuant to Schedule 13G"
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 Solid Power (SLDP) does BlackRock’s stake represent?
BlackRock’s reported position represents 7.5% of the Class A shares of Solid Power. This percentage is based on the company’s outstanding common shares and reflects a sizable institutional ownership stake.
Who ultimately benefits from BlackRock’s Solid Power (SLDP) holdings?
The filing states that various persons have rights to dividends or sale proceeds from the Solid Power shares managed by BlackRock. However, no one person’s interest exceeds five percent of Solid Power’s total outstanding common shares.
What is the nature of BlackRock’s filing regarding Solid Power (SLDP)?
BlackRock submitted an amended Schedule 13G as a reporting parent holding company. The filing aggregates securities beneficially owned by certain BlackRock business units, excluding units disaggregated under SEC Release No. 34-39538.