SCHEDULE: Awassi Capital Group Discloses 2.41% Passive Stake in IREN Limited

The Awassi Capital Trust #2, Awassi Capital Holdings 2 Pty Ltd, and Daniel John Roberts collectively reported a 2.41% beneficial ownership stake in IREN Limited's Ordinary Shares as a passive investment group.

Summary

• The Awassi Capital Trust #2, Awassi Capital Holdings 2 Pty Ltd (ACN 629 819 978), and Daniel John Roberts are the reporting persons in this Schedule 13G/A filing.
• The reporting group beneficially owns 6,251,247 Ordinary Shares of IREN Limited.
• This ownership represents 2.41% of the class of IREN Limited's Ordinary Shares.
• All reporting persons share both voting and dispositive power over the 6,251,247 shares.
• The filing is an Amendment No. 2 to Schedule 13G, indicating an update to previously reported beneficial ownership information.
• The reporting persons are organized under the laws of Australia or are citizens of Australia.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not convey positive or negative sentiment regarding the issuer's performance or prospects.

Positives

• Disclosure of a significant beneficial ownership stake by a group of Australian entities and an individual, indicating investor interest in IREN Limited.

Negatives

• The filing indicates a passive investment, meaning the reporting persons do not intend to influence or control the issuer's management or operations.

Risks

• NA

Future Outlook

The filing is a beneficial ownership report and does not contain forward-looking statements or guidance regarding IREN Limited's operations or financial performance.

Industry Context

This Schedule 13G filing is a routine disclosure of beneficial ownership and does not provide specific industry context or analysis.

Stakeholder Impact

• Shareholders: Increased transparency regarding a significant passive investor group's stake in the company.

Next Steps

• Future amendments to this Schedule 13G will be filed if there are material changes in the beneficial ownership stake or the investment intent of the reporting group.

Key Dates

Keywords

IREN Limited, Ordinary Shares, Schedule 13G, beneficial ownership, passive investment, Awassi Capital, Daniel John Roberts, SEC filing