Form 4: Camac Capital, LLC Reports Acquisition of Gold Reserve Ltd Shares
SEC Form 4 Filing
Camac Capital, LLC, along with related entities and individuals, reports the acquisition of additional shares of Gold Reserve Ltd, resulting in a change in beneficial ownership.
Summary
- On April 24, 2025, Camac Capital, LLC acquired 19,700 shares of Gold Reserve Ltd at a price of $1.6 per share.
- Following the transaction, the total number of shares beneficially owned by Camac Capital, LLC and related entities is 9,605,428 shares held by Camac Fund II, LP and 10,589,030 shares held by Camac Fund, LP.
- The reporting persons include Camac Capital, LLC, Camac Partners, LLC, Eric Shahinian, Camac Fund, LP, and CAMAC FUND II, LP.
- These entities and individuals may be considered a 'group' for purposes of Section 13(d) of the Exchange Act.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard SEC filing reporting a change in ownership. The acquisition of shares could be seen as slightly positive, but without further context, it's difficult to assess the overall sentiment.
Positives
- The acquisition of additional shares indicates a potential increase in confidence in Gold Reserve Ltd by Camac Capital, LLC.
Industry Context
This filing reflects changes in ownership of Gold Reserve Ltd, which is common in the investment industry as funds and individuals adjust their holdings based on their investment strategies and market conditions.
Stakeholder Impact
- The change in ownership may have a minor impact on shareholders, depending on the overall market perception of Camac Capital, LLC's investment strategy.
Key Dates
| Date | Description |
|---|---|
| 04/24/2025 | Date of transaction: Acquisition of 19,700 shares of Gold Reserve Ltd. |
| 04/28/2025 | Date of signature for the Form 4 filings by Camac Capital, LLC, Camac Partners, LLC, Eric Shahinian, Camac Fund, LP, and Camac Fund II, LP. |
Keywords
beneficial ownership, Form 4, Gold Reserve Ltd, Camac Capital, share acquisition, securities
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