BlackRock Amends Atomera Stake, Maintains Passive Investment
Ticker: ATOM · Form: SC 13G/A · Filed: Jan 29, 2024 · CIK: 1420520
| Field | Detail |
|---|---|
| Company | Atomera Inc (ATOM) |
| Form Type | SC 13G/A |
| Filed Date | Jan 29, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock still owns Atomera stock, no big changes, just an update.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 29, 2024, indicating its ownership of Atomera Inc. common stock as of December 31, 2023. This filing, Amendment No. 3, updates previous disclosures about BlackRock's passive investment in Atomera, a semiconductor company. This matters to investors because BlackRock is a major institutional investor, and its continued, albeit passive, stake suggests a long-term, hands-off confidence in Atomera's business, which could be a positive signal for the stock's stability.
Why It Matters
BlackRock's continued passive ownership in Atomera Inc. signals a stable, long-term institutional interest, which can reassure investors about the company's foundational strength.
Risk Assessment
Risk Level: low — This filing is a routine update from a passive investor and does not indicate any immediate risk or significant change in strategy.
Analyst Insight
Investors should view this as a routine update, confirming BlackRock's continued, passive interest in Atomera. It doesn't suggest any immediate buy or sell action but reinforces the presence of a major institutional holder.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- Atomera Inc. (company) — the subject company whose common stock is being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 29, 2024 (date) — the filing date of the SC 13G/A
- 04965B100 (other) — CUSIP number for Atomera Inc. Common Stock
Forward-Looking Statements
- BlackRock will likely maintain its passive investment in Atomera Inc. for the foreseeable future. (BlackRock Inc.) — high confidence, target: 2025-12-31
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as indicated by 'FORM TYPE: SC 13G/A' and 'Amendment No: 3'.
Who is the 'subject company' in this filing?
The subject company is Atomera Inc., identified by 'COMPANY CONFORMED NAME: Atomera Inc' and 'Name of Issuer: ATOMERA INC'.
Who is the 'filer' or 'reporting person' in this document?
The filer or reporting person is BlackRock Inc., as stated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.'.
What is the 'Date of Event Which Requires Filing of this Statement'?
The date of the event which requires filing of this statement is December 31, 2023, as explicitly stated in the filing.
Under which rule is this Schedule 13G/A filed?
This Schedule 13G/A is filed under Rule 13d-1(b), indicated by the 'X' next to '[X] Rule 13d-1(b)'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 29, 2024 regarding Atomera Inc (ATOM).