FMR LLC reports 11.2% stake in Soleno Therapeutics
FMR LLC filed Amendment No. 2 to a Schedule 13G/A reporting beneficial ownership of 5,768,409.61 shares of common stock of Soleno Therapeutics Inc., representing 11.2% of the class as of the cover date.
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Rhea-AI Filing Summary
FMR LLC filed Amendment No. 2 to a Schedule 13G/A reporting beneficial ownership of 5,768,409.61 shares of common stock of Soleno Therapeutics Inc., representing 11.2% of the class as of the cover date. The filing lists sole voting power of 5,583,298 shares and sole dispositive power of 5,768,409.61. The filing identifies Abigail P. Johnson in her capacity related to FMR LLC and references a power of attorney and an associated 13d-1(k) agreement in Exhibit 99.
Insights
Large institutional holding disclosed: FMR LLC holds 11.2% of Soleno common stock.
FMR LLC reports beneficial ownership of 5,768,409.61 shares, with sole voting power listed as 5,583,298 and sole dispositive power equal to the full holding. The filing is an amendment to a Schedule 13G/A, indicating reporting under passive or qualifying investor status.
Watch for any subsequent amendments or Schedule 13D that would signal active acquisition intent; this filing includes a referenced 13d-1(k) agreement and a power of attorney.
Disclosure clarifies voting and dispositive authority within FMR-related reporting.
The filing attributes both voting and dispositive powers to FMR LLC and separately lists Abigail P. Johnson in a role tied to dispositive authority. A power of attorney dated April 13, 2026, and Exhibit 99 are cited to establish representative authority.
For further clarity, the referenced exhibits would show whether holdings are held for funds or clients; the filing states no other single person holds >5% beneficial interest.
Key Figures
Key Terms
Schedule 13G/A regulatory
Beneficially owned financial
Sole dispositive power financial
13d-1(k) agreement regulatory
Power of Attorney legal
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does FMR LLC report in SLNO?
Does the filing indicate any single person other than FMR LLC owns more than 5% of SLNO?
What exhibits or authorizations are referenced in the SLNO filing?
Is this Schedule 13G/A an initial filing or an amendment for SLNO?
AI-generated analysis. How Rhea-AI works. Not financial advice.