BlackRock, Inc. (SOLS) discloses 14.9M Solstice Advanced shares in amended 13G filing
Rhea-AI Filing Summary
BlackRock, Inc. filed an amended Schedule 13G/A reporting beneficial ownership of common stock of Solstice Advanced Materials Inc. BlackRock reports beneficial ownership of 14,901,946 shares of Solstice common stock, representing 9.4% of the outstanding class.
BlackRock has sole voting power over 14,385,182 shares and sole dispositive power over 14,901,946 shares, with no shared voting or dispositive power. Various underlying clients and funds have rights to dividends or sale proceeds, but no single person has an interest exceeding five percent of Solstice’s total outstanding common shares.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 14,901,946 shares
Percent of class: 9.4%
Sole voting power: 14,385,182 shares
+3 more
6 metrics
Shares beneficially owned
14,901,946 shares
Common stock of Solstice Advanced Materials Inc. reported by BlackRock, Inc.
Percent of class
9.4%
Portion of Solstice Advanced Materials common stock beneficially owned by BlackRock, Inc.
Sole voting power
14,385,182 shares
Shares of Solstice over which BlackRock, Inc. has sole power to vote
Sole dispositive power
14,901,946 shares
Shares of Solstice over which BlackRock, Inc. has sole power to dispose
Shared voting power
0
Shares of Solstice with shared power to vote reported by BlackRock, Inc.
Shared dispositive power
0
Shares of Solstice with shared power to dispose reported by BlackRock, Inc.
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, Schedule 13G, +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 14,385,182.00 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 14,901,946.00 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.
Schedule 13G regulatory
"If a parent holding company has filed this schedule, pursuant to (ii)(G), so indicate"
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.
Power of Attorney regulatory
"Exhibit Information Exhibit 24: Power of Attorney Exhibit 99: Item 7"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stake in Solstice Advanced Materials Inc. (SOLS) does BlackRock report in this Schedule 13G/A?
BlackRock reports beneficial ownership of 14,901,946 shares of Solstice Advanced Materials Inc. common stock, representing 9.4% of the outstanding class, based on the information provided in the Schedule 13G/A amendment.
How much voting power does BlackRock have in Solstice Advanced Materials Inc. (SOLS)?
BlackRock reports sole voting power over 14,385,182 Solstice shares and no shared voting power. It also reports sole dispositive power over 14,901,946 shares and no shared dispositive power.
What is the form of security BlackRock holds in Solstice Advanced Materials Inc. (SOLS)?
BlackRock’s reported position is in common stock of Solstice Advanced Materials Inc., identified by CUSIP 83443Q103, as disclosed under the title of class of securities in the ownership report.
Which entity filed the beneficial ownership report for Solstice (SOLS) and where is it organized?
The reporting person is BlackRock, Inc., a corporation organized in Delaware. The report aggregates securities beneficially owned by specified BlackRock business units and their subsidiaries and affiliates.
Who signed the BlackRock Schedule 13G/A for Solstice Advanced Materials Inc. (SOLS)?
The Schedule 13G/A was signed by Spencer Fleming, identified as a Managing Director. The signature is supported by a Power of Attorney attached as Exhibit 24.