BlackRock Amends OneSpan Stake, Files SC 13G/A on Dec 31 Holdings
Ticker: OSPN · Form: SC 13G/A · Filed: Jan 8, 2024 · CIK: 1044777
| Field | Detail |
|---|---|
| Company | Onespan Inc. (OSPN) |
| Form Type | SC 13G/A |
| Filed Date | Jan 8, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock updated its OneSpan holdings, signaling continued passive investment.**
AI Summary
BlackRock Inc. filed an amended Schedule 13G/A on January 8, 2024, indicating its ownership of OneSpan Inc. common stock as of December 31, 2023. This filing, Amendment No. 7, updates previous disclosures about BlackRock's passive investment in OneSpan. This matters to investors because BlackRock is a major institutional investor, and changes in its holdings can signal confidence or concerns about OneSpan's future performance, potentially influencing other investors.
Why It Matters
This filing shows BlackRock's continued, albeit passive, interest in OneSpan, which can be a positive signal for the stock's stability and institutional backing.
Risk Assessment
Risk Level: low — This is a routine amendment by a passive institutional investor, indicating no immediate significant risk or change in strategy.
Analyst Insight
Investors should note BlackRock's continued passive stake in OneSpan, but this filing alone doesn't suggest a need for immediate action. It's a routine update, not a signal of a major strategic shift.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- OneSpan Inc. (company) — the subject company whose common stock is being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 8, 2024 (date) — the filing date of the SC 13G/A
- Amendment No. 7 (number) — the specific amendment number of the filing
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 stated in the 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 7)' sections.
Who is the reporting person in this filing?
The reporting person is BlackRock Inc., as indicated under the 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.' section.
What is the name of the issuer whose securities are being reported?
The issuer is OneSpan Inc., as stated under the 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: OneSpan Inc.' and 'OneSpan Inc. (Name of Issuer)' sections.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023, as specified in the 'Date of Event Which Requires Filing of this Statement' section.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), as indicated by the '[X] Rule 13d-1(b)' checkbox.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 8, 2024 regarding OneSpan Inc. (OSPN).