BlackRock reports 6.4% stake in Tenax Therapeutics (TENX)
Rhea-AI Filing Summary
BlackRock, Inc. has reported a significant institutional position in Tenax Therapeutics Inc. common stock. BlackRock beneficially owns 1,708,335 shares of Tenax, representing 6.4% of the outstanding class as disclosed under a beneficial ownership report.
BlackRock holds sole voting power over 1,688,800 shares and sole dispositive power over 1,708,335 shares, with no shared voting or dispositive power. Various underlying clients and investors have rights to dividends or sale proceeds, but no single person has more than five percent of Tenax’s outstanding common shares.
Positive
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Key Figures
Beneficially owned shares: 1,708,335 shares
Percent of class: 6.4 %
Sole voting power: 1,688,800 shares
+2 more
5 metrics
Beneficially owned shares
1,708,335 shares
Common stock of Tenax Therapeutics beneficially owned by BlackRock
Percent of class
6.4 %
Portion of Tenax Therapeutics common stock class held by BlackRock
Sole voting power
1,688,800 shares
Shares for which BlackRock has sole power to vote
Shared voting power
0
Shares for which BlackRock has shared power to vote
Sole dispositive power
1,708,335 shares
Shares for which BlackRock can solely direct disposition
Key Terms
beneficially owned, sole voting power, sole dispositive power, parent holding company
4 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 1,688,800.00"
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 1,708,335.00"
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.
parent holding company financial
"If a parent holding company has filed this schedule"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Who ultimately benefits from BlackRock’s Tenax Therapeutics (TENX) holdings?
The filing states that various persons have rights to dividends or sale proceeds from Tenax shares held by BlackRock-related entities. However, no single person’s interest exceeds five percent of Tenax’s total outstanding common shares.
Where are Tenax Therapeutics (TENX) and BlackRock based according to the filing?
Tenax Therapeutics’ principal executive offices are at 101 Glen Lennox Drive, Suite 300, Chapel Hill, NC 27517. BlackRock’s principal business office is listed as 50 Hudson Yards, New York, NY 10001 in the ownership report.