FEDERATED HERMES Amends Dynavax Stake (SC 13G/A)

TL;DR

**FEDERATED HERMES still owns Dynavax shares, showing continued institutional interest.**

AI Summary

FEDERATED HERMES, INC. filed an amended SC 13G/A on January 18, 2024, indicating their ownership of DYNAVAX TECHNOLOGIES CORP common stock as of December 31, 2023. This is the 23rd amendment to their filing, showing a continued passive investment in Dynavax. This matters to investors because it confirms a major institutional investor maintains a position, suggesting a degree of confidence in the company, even if the exact change in their holding isn't detailed in this snippet.

Why It Matters

This filing confirms that a significant institutional investor, FEDERATED HERMES, INC., continues to hold a position in DYNAVAX TECHNOLOGIES CORP, which can be a positive signal for other investors.

Risk Assessment

Risk Level: low — This is a routine amendment filing by an institutional investor, indicating passive ownership, and does not suggest any immediate risk.

Analyst Insight

Investors should note that a major institutional investor, FEDERATED HERMES, INC., maintains a passive stake in DYNAVAX TECHNOLOGIES CORP, which could be a sign of long-term confidence, but this filing alone doesn't provide details on changes in their specific holding percentage.

Key Numbers

• 23 — Amendment Number (Indicates this is the 23rd amendment to FEDERATED HERMES, INC.'s Schedule 13G filing for DYNAVAX TECHNOLOGIES CORP.)
• 20231231 — Date of Event (The date as of which the ownership information is being reported.)

Key Players & Entities

• FEDERATED HERMES, INC. (company) — the institutional investor filing the SC 13G/A
• DYNAVAX TECHNOLOGIES CORP (company) — the subject company whose common stock is being reported
• December 31, 2023 (date) — the date of the event requiring the filing
• January 18, 2024 (date) — the filing date of the SC 13G/A
• Amendment No. 23 (number) — the number of times this specific filing has been amended

Forward-Looking Statements

• FEDERATED HERMES, INC. will continue to hold a significant, passive stake in DYNAVAX TECHNOLOGIES CORP. (FEDERATED HERMES, INC.) — medium confidence, target: 2024-12-31

FAQ

Filing Documents

• dvax1568-form.htm (SC 13G/A) — 104KB
• image_001.jpg (GRAPHIC) — 114KB
• image_002.jpg (GRAPHIC) — 116KB
• 0001623632-24-000038.txt ( ) — 423KB

Ownership

Item 4. Ownership Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. A. Federated Hermes, Inc. (a) Amount beneficially owned: 11,364,666 (b) Percent of class: 8.79% (c) Number of shares to which the person has: (i)Sole power to vote or to direct the vote: 11,364,666 (ii)Shared power to vote or to direct the vote: 0 (iii)Sole power to dispose or to direct the disposition of: 11,364,666 (iv)Shared power to dispose or to direct the disposition of: 0 B. Voting Shares Irrevocable Trust (a) Amount beneficially owned: 11,364,666 (b) Percent of class: 8.79% (c) Number of shares to which the person has: (i)Sole power to vote or to direct the vote: 11,364,666 (ii)Shared power to vote or to direct the vote: 0 (iii)Sole power to dispose or to direct the disposition of: 11,364,666 (iv)Shared power to dispose or to direct the disposition of: 0 C. Thomas R. Donahue (a) Amount beneficially owned: 11,364,666 (b) Percent of class: 8.79% (c) Number of shares to which the person has: (i)Sole power to vote or to direct the vote: 0 (ii)Shared power to vote or to direct the vote: 11,364,666 (iii)Sole power to dispose or to direct the disposition of: 0 (iv)Shared power to dispose or to direct the disposition of: 11,364,666 D. Ann C. Donahue (a) Amount beneficially owned: 11,364,666 (b) Percent of class: 8.79% (c) Number of shares to which the person has: (i)Sole power to vote or to direct the vote: 0 (ii)Shared power to vote or to direct the vote: 11,364,666 (iii)Sole power to dispose or to direct the disposition of: 0 (iv)Shared power to dispose or to direct the disposition of: 11,364,666 E. J. Christopher Donahue (a) Amount beneficially owned: 11,364,666 (b) Percent of class: 8.79% (c) Number of shares to which the person has: (i)Sole power to vote or to direct the vote: 0 (ii)Shared power to vote or t

Ownership of Five Percent or Less of a Class

Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: Instruction: Dissolution of a group requires a response to this item.

Ownership of More than Five Percent on Behalf of Another Person. NOT APPLICABLE

Item 6. Ownership of More than Five Percent on Behalf of Another Person. NOT APPLICABLE Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. See Exhibit “1” Attached

Identification and Classification of Members of the Group: NOT APPLICABLE

Item 8. Identification and Classification of Members of the Group: NOT APPLICABLE

Notice of Dissolution of Group: NOT APPLICABLE

Item 9. Notice of Dissolution of Group: NOT APPLICABLE

Certification

Item 10. Certification (a) The following certification shall be included if the statement is filed pursuant to §240.13d-1(b); 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 the purpose or effect. (b) The following certification shall be included if the statement is filed pursuant to §204.13d-1(c): By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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. 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. Date: January 17, 2024 By: /s/J. Christopher Donahue Name/Title: J. Christopher Donahue, as President of Federated Hermes, Inc. Date: January 17, 2024 By: /s/Thomas R. Donahue Name/Title Thomas R. Donahue individually and as Trustee of Voting Shares Irrevocable Trust Date: January 17, 2024 By: /s/Ann C. Donahue Name/Title: Ann C. Donahue individually and as Trustee of Voting Shares Irrevocable Trust Date: January 17, 2024 By: /s/J. Christopher Donahue Name/Title J. Christopher Donahue individually and as Trustee of Voting Shares Irrevocable Trust The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a

CLASSIFICATION OF REPORTING PERSONS

ITEM 3 CLASSIFICATION OF REPORTING PERSONS Identity and Classification of Each Reporting Person IDENTITY CLASSIFICATION UNDER ITEM 3 Federated Hermes Equity Funds (d) Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8) Federated Hermes Insurance Series (d) Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8) Federated Equity Management Company of Pennsylvania (e) Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940 Federated Global Investment Management Corp. (e) Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940 Federated Hermes, Inc. (g) parent Holding Company or control person, in accordance with Section 240.13d-1(b)(ii)(G) FII Holdings, Inc. (g) parent Holding Company or control person, in accordance with Section 240.13d-1(b)(ii)(G) Voting Shares Irrevocable Trust (g) parent Holding Company or control person, in accordance with Section 240.13d-1(b)(ii)(G) Thomas R. Donahue (g) parent Holding Company or control person, in accordance with Section 240.13d-1(b)(ii)(G) Ann C. Donahue (g) parent Holding Company or control person, in accordance with Section 240.13d-1(b)(ii)(G) J. Christopher Donahue (g) parent Holding Company or control person, in accordance with Section 240.13d-1(b)(ii)(G) Federated Hermes, Inc. (the “Parent”) is filing this schedule 13G because it is the parent holding company of Federated Equity Management Company of Pennsylvania and Federated Global Investment Management Corp. (the “Investment Advisers”), which act as investment advisers to registered investment companies and separate accounts that own shares of common stock in DYNAVAX TECHNOLOGIES CORPORATION (the “Reported Securities”). The Investment Advisers are wholly owned subsidiaries of FII Holdings, Inc., which is wholly owned subsidiary of Federated Her

View Full Filing

View this SC 13G/A filing on SEC EDGAR