ARK Investment Management Updates Cerus Corp Stake to 19.67M Shares

TL;DR

**ARK still holds a huge chunk of Cerus, signaling continued conviction.**

AI Summary

ARK Investment Management LLC, a prominent investment firm, has updated its holdings in Cerus Corporation (CERS) as of December 31, 2023. The filing, an SC 13G/A Amendment No. 6, shows ARK now beneficially owns 19,673,916 shares with sole voting power and 416,128 shares with shared voting power. This update is important for investors because it reveals ARK's continued significant stake in Cerus, indicating their ongoing conviction in the company's future, which could influence other investors' perceptions and potentially the stock price.

Why It Matters

This filing shows a major institutional investor's current position in Cerus, signaling their confidence (or lack thereof) and potentially influencing market sentiment and other investors' decisions.

Risk Assessment

Risk Level: low — This filing is a routine update of an institutional holding and does not inherently introduce new risks, but rather provides transparency.

Analyst Insight

An investor should note ARK's continued substantial holding in Cerus, but also recognize that this is a passive filing and doesn't signal an immediate buying or selling action. It's a data point for understanding institutional interest.

Key Numbers

• 19,673,916 — Sole Voting Power Shares (Number of shares ARK Investment Management LLC can vote independently for Cerus Corporation.)
• 416,128 — Shared Voting Power Shares (Number of shares ARK Investment Management LLC shares voting power over for Cerus Corporation.)
• 157085101 — CUSIP Number (Unique identification number for Cerus Corporation's common stock.)

Key Players & Entities

• ARK Investment Management LLC (company) — the reporting person and investment firm
• Cerus Corporation (company) — the subject company whose shares are being reported
• Delaware, United States (company) — place of organization for ARK Investment Management LLC
• December 31, 2023 (date) — date of the event requiring the filing

Forward-Looking Statements

• ARK Investment Management LLC will maintain a significant stake in Cerus Corporation throughout 2024. (ARK Investment Management LLC) — medium confidence, target: December 31, 2024

FAQ

Filing Documents

• tm244117d14_sc13ga.htm (SC 13G/A) — 51KB
• 0001104659-24-007684.txt ( ) — 53KB

(a) Name of issuer

Item 1(a) Name of issuer: Cerus Corporation

(b) Address of issuer's principal executive offices

Item 1(b) Address of issuer's principal executive offices: 1220 Concord Avenue, Suite 600 Concord, CA 94520

(a) Name of person filing

Item 2(a) Name of person filing: ARK Investment Management LLC

(b) Address or principal business office or, if none,

Item 2(b) Address or principal business office or, if none, residence: ARK Investment Management LLC 200 Central Avenue St. Petersburg, FL 33701

(c) Citizenship

Item 2(c) Citizenship: Delaware, United States

(d) Title of class of securities

Item 2(d) Title of class of securities: Common stock

(e) CUSIP No

Item 2(e) CUSIP No.: 157085101

If this statement is filed pursuant to §§ 240.13d-1(b) or

Item 3. If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8); (e) An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J); (k) Group, in accordance with § 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____ CUSIP No. 157085101 13G Page 4 of 5 Pages

Ownership

Item 4. Ownership (a)Amount beneficially owned: 20,914,326 (b)Percent of class: 11.54% (c)Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 19,673,916 (ii) Shared power to vote or to direct the vote: 416,128 (iii) Sole power to dispose or to direct the disposition of: 20,914,326 (iv) Shared power to dispose or to direct the disposition of: 0

Ownership of 5 Percent or Less of a Class

Item 5. Ownership of 5 Percent or Less of a Class. Not applicable.

Ownership of More than 5 Percent on Behalf of Another Person

Item 6. Ownership of More than 5 Percent on Behalf of Another Person. To the knowledge of the Reporting Person, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, a number of the shares which represents more than five percent of the number of outstanding class of the shares. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. Not applicable.

Identification and Classification of Members of the Group

Item 8. Identification and Classification of Members of the Group. Not applicable.

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group. Not applicable. CUSIP No. 157085101 13G Page 5 of 5 Pages

Certifications

Item 10. Certifications. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. The reporting persons agree that this statement is filed on behalf of each of them. Dated: January 29, 2024 ARK Investment Management LLC By: /s/ Kellen Carter Name: Kellen Carter Title: Chief Compliance Officer

View Full Filing

View this SC 13G/A filing on SEC EDGAR