[SCHEDULE 13G/A] United States Antimony Corporation SEC Filing
Rhea-AI Filing Summary
Schedule 13G/A Amendment No. 1: Individual investor Kenneth M Reed has filed an updated beneficial-ownership report for United States Antimony Corp (UAMY).
- Shares owned: 1,507,985 common shares
- Ownership percentage: 1.26 % of the outstanding class
- Voting/Dispositive power: Sole power over all reported shares; no shared power
- The filer certifies the holdings are passive and not intended to influence control of the issuer, consistent with Rule 13d-1(c).
- Because the stake is below the 5 % threshold, the filing mainly serves to formalize current ownership and maintain regulatory compliance.
No financial performance data, strategic transactions, or managerial changes are disclosed in this document. The filing’s market impact is expected to be minimal due to the relatively small stake and passive intent.
Positive
- None.
Negative
- None.
Insights
TL;DR: Passive holder discloses 1.26 % stake; immaterial for valuation.
The amendment shows Kenneth M Reed owns 1.508 million UAMY shares with sole voting and dispositive authority. At just 1.26 % of the float, the position is far below any control threshold and unlikely to affect governance or liquidity. The passive certification confirms no activist agenda. For investors, the disclosure has negligible impact on earnings outlook or strategic direction, and does not alter the supply-demand dynamics in a meaningful way.
TL;DR: Routine ownership update; no governance consequences.
This Schedule 13G/A is primarily a compliance exercise. The filer’s holdings are under 5 %, triggering the “less-than-five-percent” disclosure without intent to influence control. There are no group affiliations, no shared voting arrangements, and no indication of coordinated action. From a governance perspective, board composition, proxy matters, and takeover defenses remain unaffected.