SCHEDULE 13G: BlackRock Discloses 5.9% Passive Stake in Celcuity Inc.

BlackRock, Inc. has filed a Schedule 13G, reporting a 5.9% beneficial ownership stake in Celcuity Inc. as of December 31, 2024.

Summary

• BlackRock, Inc. reported beneficial ownership of 2,179,064 shares of Celcuity Inc. Common Stock.
• This ownership represents 5.9% of the total outstanding shares of Celcuity Inc.'s Common Stock.
• The event requiring this filing occurred on December 31, 2024.
• BlackRock, Inc. holds sole voting power over 2,159,428 shares and sole dispositive power over 2,179,064 shares.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Celcuity Inc.
• BlackRock, Inc. is classified as a parent holding company (HC) for the purpose of this filing.
• Several BlackRock subsidiaries are identified as part of the reporting group, with BlackRock Investment Management, LLC specifically noted as beneficially owning 5% or greater of the outstanding shares.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing (Schedule 13G) disclosing a passive ownership stake. It contains no positive or negative operational news about the issuer, Celcuity Inc., nor does it indicate any strategic intent from the reporting entity, BlackRock, Inc., beyond ordinary course investment.

Future Outlook

NA

Management Comments

• "The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11."

Industry Context

This is a routine disclosure by a major global asset manager, BlackRock, indicating a significant but passive ownership stake in a publicly traded company, Celcuity Inc. It reflects BlackRock's typical investment strategy of holding diversified portfolios, often through index or passively managed funds, rather than an active strategic move related to Celcuity's operations or industry trends.

Stakeholder Impact

• Shareholders of Celcuity Inc. are informed of BlackRock's significant passive ownership stake, which may provide some stability given BlackRock's long-term investment horizon.
• No direct impact on employees, customers, suppliers, or creditors of Celcuity Inc. is indicated by this routine ownership disclosure.

Key Dates

Keywords

Celcuity Inc., BlackRock, Inc., Schedule 13G, beneficial ownership, common stock, institutional investor, passive stake, SEC filing