SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Maintain Significant Stake in IPERIONX LTD
Beneficial Ownership Report
FMR LLC and Abigail P. Johnson have reported a continued beneficial ownership of 8.2% of IPERIONX LTD's common stock as of December 31, 2024, through an amended Schedule 13G filing.
Summary
- FMR LLC and Abigail P. Johnson jointly reported beneficial ownership of 26,017,582 shares of IPERIONX LTD's common stock.
- This ownership represents 8.2% of the total outstanding common stock of IPERIONX LTD.
- The filing, an Amendment No. 2 to Schedule 13G, reports the ownership status as of December 31, 2024.
- Fidelity International Discovery Fund, an entity under FMR LLC, is known to hold 22,329,668 shares, which constitutes 7.1% of IPERIONX LTD's common stock.
- The shares are stated to be acquired and held in the ordinary course of business, not for the purpose of changing or influencing the control of the issuer.
Sentiment
Score: 7
Explanation: The document is a routine beneficial ownership filing, indicating a significant institutional stake in the company. While not directly impacting operational performance, it reflects continued investment by a major financial entity, which can be viewed as a neutral to slightly positive signal.
Positives
- Significant institutional ownership by FMR LLC, a major financial entity, indicates continued investment and confidence in IPERIONX LTD.
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
NA
Stakeholder Impact
- Shareholders: Provides transparency regarding significant institutional ownership, which can be a factor in investor confidence.
Key Dates
| Date | Description |
|---|---|
| 01/03/2023 | Effective date of Power of Attorney for FMR LLC. |
| 01/10/2023 | Filing date of a previous Schedule 13G by FMR LLC (accession number: -23-000003). |
| 01/26/2023 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 01/31/2023 | Filing date of a previous Schedule 13G by FMR LLC (accession number: -23-000038). |
| 12/31/2024 | Date of event which requires filing of this statement (reporting date for beneficial ownership). |
| 02/11/2025 | Date of signing and filing of this Schedule 13G Amendment No. 2. |
Keywords
IPERIONX LTD, FMR LLC, Abigail P. Johnson, Schedule 13G, beneficial ownership, common stock, institutional investment, SEC filing, Fidelity International Discovery Fund
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