BlackRock Amends Lightwave Logic Stake Filing
Ticker: LWLG · Form: SC 13G/A · Filed: 2024-01-26T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock still owns Lightwave Logic shares, no major changes reported.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 26, 2024, indicating its ownership in Lightwave Logic, Inc. as of December 31, 2023. This amendment updates their previous filing, showing BlackRock continues to hold a significant, though passive, stake in the company. For investors, this means a major institutional player like BlackRock still sees value in Lightwave Logic, which can be a positive signal, but the filing itself doesn't reveal any new buying or selling activity, only a snapshot of their holdings at year-end.
Why It Matters
This filing confirms BlackRock's continued passive investment in Lightwave Logic, providing a degree of institutional validation for current and prospective shareholders.
Risk Assessment
Risk Level: low — This is a routine amendment filing by a large institutional investor, indicating no immediate or significant new risks.
Analyst Insight
Investors should note BlackRock's continued passive stake as a sign of institutional interest, but recognize this filing doesn't signal new buying or selling, so further research into Lightwave Logic's fundamentals is still crucial.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- Lightwave Logic, Inc. (company) — the subject company in which BlackRock holds shares
- December 31, 2023 (date) — the date of the event requiring this filing
- January 26, 2024 (date) — the date the SC 13G/A was filed
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: 1)' sections.
Which company is the subject of this filing?
The subject company is Lightwave Logic, Inc., as indicated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Lightwave Logic, Inc.'
Who is the entity that filed this SC 13G/A?
The entity that filed this amendment is BlackRock Inc., as stated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.'
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023, as specified under '(Date of Event Which Requires Filing of this Statement)'.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), indicated by the '[X] Rule 13d-1(b)' selection.
From the Filing
EDGAR Filing Documents for 0001086364-24-004675 This page uses Javascript. Your browser either doesn't support Javascript or you have it turned off. To see this page as it is meant to appear please use a Javascript enabled browser. SEC.gov EDGAR Latest Filings Filings search tools Filing Detail SEC Home Company Search Current Page Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] SEC Accession No. 0001086364-24-004675 Filing Date 2024-01-26 Accepted 2024-01-26 16:23:45 Documents 1 Document Format Files Seq Description Document Type Size 1 us5322751042_012624.txt SC 13G/A 11709 Complete submission text file 0001086364-24-004675.txt 13883 Mailing Address 369 INVERNESS PARKWAY SUITE 350 ENGLEWOOD CO 80112 Business Address 369 INVERNESS PARKWAY SUITE 350 ENGLEWOOD CO 80112 (720) 340-4949 Lightwave Logic, Inc. (Subject) CIK : 0001325964 (see all company filings) EIN. : 820497368 | State of Incorp.: NV | Fiscal Year End: 1231 Type: SC 13G/A | Act: 34 | File No.: 005-93900 | Film No.: 24568171 SIC : 3080 Miscellaneous Plastics Products (CF Office: 08 Industrial Applications and Services) Mailing Address 50 HUDSON YARDS NEW YORK NY 10001 Business Address 50 HUDSON YARDS NEW YORK NY 10001 212-810-5300 BlackRock Inc. (Filed by) CIK : 0001364742 (see all company filings) EIN. : 320174431 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G/A SIC : 6211 Security Brokers, Dealers & Flotation Companies (CF Office: 02 Finance)