SCHEDULE 13G/A: BlackRock Discloses 1.8% Stake in AGENUS INC Common Stock
Schedule 13G Amendment
BlackRock, Inc. has filed an amended Schedule 13G, disclosing a 1.8% beneficial ownership stake in AGENUS INC's common stock as of June 30, 2025.
Summary
- BlackRock, Inc. reported beneficial ownership of 503,986 shares of AGENUS INC common stock.
- This ownership represents 1.8% of the total class of AGENUS INC's common stock.
- BlackRock, Inc. holds sole voting power over 501,763 shares and sole dispositive power over 503,986 shares.
- No shared voting or dispositive power was reported.
- The filing is an Amendment No. 1 to a previous Schedule 13G.
- The filing confirms that BlackRock's interest in AGENUS INC common stock is less than five percent of the total outstanding common shares for any single person.
Sentiment
Score: 5
Explanation: The document is a factual regulatory filing disclosing ownership, with no inherent positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
The document does not provide any forward-looking statements or guidance regarding AGENUS INC's future operations or financial performance.
Industry Context
This filing reflects a routine disclosure by a major institutional investor, BlackRock, Inc., regarding its passive ownership stake in AGENUS INC. It is a standard regulatory requirement for investors holding significant positions in publicly traded companies.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Update | BlackRock, Inc. executed a new Power of Attorney on January 21, 2025, revoking a previous one dated April 30, 2023. This new power of attorney authorizes specific individuals to execute and file documents related to ownership or control-person reporting requirements on behalf of BlackRock and its affiliates. | 2025-01-21 | This is an internal corporate governance update for BlackRock, Inc. to streamline its regulatory filing processes, not directly impacting AGENUS INC's corporate governance. |
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional investor's stake in AGENUS INC, which can influence market perception and trading activity.
Key Dates
| Date | Description |
|---|---|
| 1998-01-12 | Date of SEC Release No. 34-39538, referenced for disaggregation of beneficial ownership. |
| 2023-04-30 | Date of the previously revoked Power of Attorney. |
| 2025-01-21 | Date of execution for the current Power of Attorney. |
| 2025-06-30 | Date of event which required the filing of this statement. |
| 2025-07-16 | Date the Schedule 13G was signed by BlackRock, Inc. |
Keywords
BlackRock, AGENUS INC, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Investment Management
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