BlackRock Amends Perimeter Solutions Stake Filing

Ticker: PRM · Form: SC 13G/A · Filed: 2024-02-06T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, amendment, passive-investment

TL;DR

**BlackRock still owns Perimeter Solutions stock, signaling institutional confidence.**

AI Summary

BlackRock Inc. filed an amended SC 13G/A on February 6, 2024, indicating its ownership of Perimeter Solutions, SA's Common Stock as of December 31, 2023. This amendment, filed under Rule 13d-1(b), updates their previous disclosure regarding their stake in the company. For investors, this filing confirms BlackRock's continued significant, but passive, interest in Perimeter Solutions, SA, which can be a signal of institutional confidence in the stock.

Why It Matters

This filing shows BlackRock, a major institutional investor, continues to hold a significant position in Perimeter Solutions, SA, signaling their ongoing confidence in the company's prospects.

Risk Assessment

Risk Level: low — This is a routine amendment by a passive institutional investor and does not indicate any immediate negative or positive risk.

Analyst Insight

An investor should note BlackRock's continued passive institutional ownership as a sign of stability, but this filing alone doesn't suggest immediate buying or selling action. It's a data point for long-term confidence.

Key Players & Entities

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 indicated by 'FORM TYPE: SC 13G/A' and 'Amendment No: 1' in the filing.

Who is the reporting person in this filing?

The reporting person is BlackRock, Inc., as stated under '(1)Names of reporting persons. BlackRock, Inc.' in the filing.

What is the subject company whose securities are being reported?

The subject company is Perimeter Solutions, SA, as identified by '(Name of Issuer) Perimeter Solutions, SA' in the filing.

What is the date of the event that required this filing?

The date of the event which required this filing is December 31, 2023, as stated in the filing under '(Date of Event Which Requires Filing of this Statement) December 31, 2023'.

Under which rule was this Schedule 13G/A filed?

This Schedule 13G/A was filed under Rule 13d-1(b), indicated by the checked box '[X] Rule 13d-1(b)' in the filing.

From the Filing

EDGAR Filing Documents for 0001086364-24-006621 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. 0001086364-24-006621 Filing Date 2024-02-06 Accepted 2024-02-06 09:36:34 Documents 1 Document Format Files Seq Description Document Type Size 1 lu2391723694_020524.txt SC 13G/A 11760 Complete submission text file 0001086364-24-006621.txt 13595 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) Mailing Address 12E RUE GUILLAUME KROLL, L-1882 LUXEMBOURG N4 L-1882 Business Address 12E RUE GUILLAUME KROLL, L-1882 LUXEMBOURG N4 L-1882 000-000-0000 Perimeter Solutions, SA (Subject) CIK : 0001880319 (see all company filings) EIN. : 000000000 | State of Incorp.: N4 | Fiscal Year End: 1231 Type: SC 13G/A | Act: 34 | File No.: 005-93063 | Film No.: 24598377 SIC : 2800 Chemicals & Allied Products (CF Office: 08 Industrial Applications and Services)

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