Whitmore Amends Nanophase 13D, Updates Ownership Stake
Ticker: SLSN · Form: SC 13D/A · Filed: Feb 12, 2024 · CIK: 883107
Complexity: simple
Sentiment: neutral
Topics: insider-ownership, amendment, shareholder-update
TL;DR
**Big shareholder Bradford Whitmore just updated his Nanophase stake, watch for what's next!**
AI Summary
Bradford T. Whitmore, a significant shareholder of Nanophase Technologies Corporation, filed an Amendment No. 17 to his Schedule 13D on February 8, 2024. This filing updates his beneficial ownership of the company's common stock, par value $.01. For investors, this matters because significant changes in ownership by large shareholders like Whitmore can signal their evolving confidence in the company's future or potential strategic shifts, impacting stock perception and value.
Why It Matters
This filing indicates an update to a major shareholder's position, which can influence market sentiment and potentially signal future actions or strategic directions for Nanophase Technologies.
Risk Assessment
Risk Level: low — This is an amendment to an existing filing, indicating an update rather than a new, potentially disruptive event.
Analyst Insight
Investors should monitor future 13D filings from Bradford T. Whitmore for Nanophase Technologies to track any significant changes in his ownership, which could indicate his evolving view on the company's prospects or potential strategic moves.
Key Numbers
- Amendment No. 17 — Amendment Number (Indicates this is the 17th update to the original Schedule 13D filing by Bradford T. Whitmore.)
- 630079101 — CUSIP Number (Unique identifier for Nanophase Technologies Corporation's common stock.)
Key Players & Entities
- Bradford T. Whitmore (person) — the reporting person and significant shareholder
- Nanophase Technologies Corporation (company) — the issuer of the securities
- $0.01 (dollar_amount) — par value of common stock
- February 8, 2024 (date) — date of event requiring the filing
Forward-Looking Statements
- Bradford T. Whitmore will continue to be a significant shareholder in Nanophase Technologies Corporation. (Bradford T. Whitmore) — high confidence, target: 2025-02-08
- Further amendments to this Schedule 13D are likely if Whitmore's ownership percentage changes significantly. (Nanophase Technologies Corporation) — medium confidence, target: 2025-02-08
FAQ
Who filed this Schedule 13D/A?
This Schedule 13D/A (Amendment No. 17) was filed by Bradford T. Whitmore, whose business address is 5215 Old Orchard Road, Suite 620, Skokie, Illinois 60077.
What company's securities are the subject of this filing?
The subject company is Nanophase Technologies Corporation, located at 1319 Marquette Drive, Romeoville, IL 60446.
What is the title and CUSIP number of the class of securities involved?
The title of the class of securities is COMMON STOCK, par value $.01, and its CUSIP Number is 630079101.
When was the event that required this filing?
The date of the event which required the filing of this statement was February 8, 2024.
What type of filing is this and what does 'Amendment No. 17' signify?
This is an SC 13D/A filing, which is an amendment to a Schedule 13D. 'Amendment No. 17' signifies that this is the seventeenth update or change to the original Schedule 13D statement filed by Bradford T. Whitmore regarding his beneficial ownership in Nanophase Technologies Corporation.
Filing Details
This Form SC 13D/A (Form SC 13D/A) was filed with the SEC on February 12, 2024 by Bradford T. Whitmore regarding NANOPHASE TECHNOLOGIES Corp (SLSN).