SCHEDULE: Adage Capital Discloses 5.34% Stake in Adagio Medical
Beneficial Ownership Report
Adage Capital Management, L.P. and its principals have disclosed a 5.34% beneficial ownership stake in Adagio Medical Holdings, Inc.
Summary
- Adage Capital Management, L.P., along with Robert Atchinson and Phillip Gross, collectively reported beneficial ownership of 821,261 shares of Adagio Medical Holdings, Inc. Common Stock.
- This ownership represents 5.34% of Adagio Medical Holdings, Inc.'s outstanding Common Stock.
- The percentage is calculated based on 15,381,565 shares of Common Stock outstanding as of May 7, 2025, as reported in the company's Quarterly Report on Form 10-Q.
- The filing was made under Rule 13d-1(b), indicating the shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
Sentiment
Score: 5
Explanation: The filing is a factual disclosure of beneficial ownership and does not contain subjective information that would influence sentiment beyond a neutral reporting of an investment.
Future Outlook
NA
Industry Context
This filing is a standard disclosure of a significant ownership stake by an institutional investor in a publicly traded company. It does not provide specific insights into broader industry trends or competitive dynamics, but rather reflects an investment decision by Adage Capital Management in the medical device sector.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant institutional ownership, which can be viewed positively as a vote of confidence from a major investor.
- Investment Professionals: Offers data points for tracking institutional holdings and potential investment trends.
Key Dates
| Date | Description |
|---|---|
| 2025-05-07 | Date as of which 15,381,565 shares of Common Stock were outstanding, as reported in the Company's Form 10-Q. |
| 2025-05-15 | Date Adagio Medical Holdings, Inc. filed its Quarterly Report on Form 10-Q for the period ended March 31, 2025. |
| 2025-06-30 | Date of event which requires the filing of this statement. |
| 2025-08-12 | Date the Schedule 13G was signed and filed. |
Keywords
Adagio Medical Holdings, Adage Capital Management, Beneficial Ownership, SEC Filing, Common Stock, Institutional Investor, Medical Devices, Healthcare
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