Capital World Investors reports 0.2% Zai Lab (ZLAB) stake
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
Capital World Investors, a division of Capital Research and Management Company and its affiliates, reports beneficial ownership of 1,723,600 shares of Zai Lab Ltd. common stock. This represents 0.2% of the 1,119,628,030 shares it believes are outstanding.
The firm has sole voting and dispositive power over these shares and no shared power. It states the position is held in the ordinary course of business and not for the purpose of changing or influencing control of Zai Lab, and that it owns less than five percent of the class.
Positive
- None.
Negative
- None.
FAQ
What percentage of Zai Lab (ZLAB) does Capital World Investors report owning?
Capital World Investors reports owning 0.2% of Zai Lab’s common stock. This corresponds to beneficial ownership of 1,723,600 shares out of 1,119,628,030 shares it believes are outstanding, and reflects ownership of less than five percent of the class.
Does Capital World Investors seek to influence control of Zai Lab (ZLAB)?
No. Capital World Investors certifies the Zai Lab shares were acquired and are held in the ordinary course of business. It states they were not acquired and are not held to change or influence control of Zai Lab, consistent with a passive investment position.
What type of filing did Capital World Investors make regarding Zai Lab (ZLAB)?
Capital World Investors filed an amended Schedule 13G reporting its beneficial ownership in Zai Lab. Schedule 13G is used for passive holdings, and this amendment reflects its current position and confirms ownership of 5 percent or less of the class.
Who signed the Zai Lab (ZLAB) Schedule 13G/A for Capital World Investors?
The filing was signed by Timothy J. Moon, identified as Vice President and Senior Counsel of Capital Research and Management Company. The signature section certifies, after reasonable inquiry, that the information provided about the Zai Lab holdings is true, complete, and correct.