SCHEDULE 13G/A: Ingalls & Snyder Discloses 7.2% Stake in Omeros Corp
Schedule 13G Filing
Investment firm Ingalls & Snyder LLC has disclosed a 7.2% beneficial ownership stake in Omeros Corp, holding 4,161,315 shares as of December 31, 2024.
Summary
- Ingalls & Snyder LLC reported beneficial ownership of 4,161,315 shares of Omeros Corp common stock.
- This ownership represents 7.2% of Omeros Corp's outstanding common stock.
- The shares are held under shared dispositive power, primarily in accounts managed under investment advisory contracts.
- The reported share count includes the assumed conversion of $1,395,000 of Omeros 5.25% bonds due February 15, 2026.
- Ingalls & Snyder LLC, a registered broker-dealer and investment adviser, certified that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Omeros Corp.
Sentiment
Score: 5
Explanation: The document is a neutral, factual disclosure of a significant ownership stake by an investment firm. It does not contain positive or negative performance data or forward-looking statements from the issuer.
Positives
- A significant stake (7.2%) by an established investment firm like Ingalls & Snyder LLC could signal confidence in Omeros Corp's long-term prospects.
- The holding is for investment purposes in the ordinary course of business, not for activist control, which suggests a stable institutional investor.
Future Outlook
NA
Industry Context
This filing indicates a significant institutional investment in a publicly traded company. Such disclosures are common for firms managing client assets and reflect their investment strategies within the relevant sector.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder, potentially influencing market perception of institutional confidence.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires filing of this statement (reporting period end). |
| 02/15/2026 | Maturity date for Omeros 5.25% bonds, conversion of which is assumed in the share count. |
| 02/21/2025 | Date of filing signature. |
Keywords
Omeros Corp, Ingalls & Snyder LLC, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, SEC Filing, OMER, Investment Advisory
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