SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Disclose 4.3% Stake in Rallybio Corp
Beneficial Ownership Report
FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, disclosing a beneficial ownership of 4.3% of Rallybio Corp's common stock as of December 31, 2024.
Summary
- FMR LLC and Abigail P. Johnson jointly reported beneficial ownership of 1,766,701 shares of Rallybio Corp's common stock.
- This ownership represents 4.3% of the total outstanding common stock of Rallybio Corp.
- The filing is an Amendment No. 4 to a Schedule 13G, indicating an update to previously reported beneficial ownership.
- FMR LLC holds sole voting power and sole dispositive power over all 1,766,701 shares.
- Abigail P. Johnson, as a Director, Chairman, and Chief Executive Officer of FMR LLC, and a predominant owner of FMR LLC's voting shares, is also deemed to beneficially own these shares with sole dispositive power.
- The reporting persons certified that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of Rallybio Corp.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing (Schedule 13G) reporting beneficial ownership, which typically does not convey strong positive or negative sentiment regarding the issuer's performance or outlook. It simply states a factual ownership position.
Positives
- FMR LLC, a prominent institutional investor, continues to hold a significant stake in Rallybio Corp, which may be viewed as a sign of ongoing investment interest.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Provides transparency regarding significant institutional ownership, which can influence market perception and liquidity.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date of Power of Attorney for FMR LLC. |
| 2023-01-10 | Date of previous Schedule 13G filing by FMR LLC (referenced for Power of Attorney accession number). |
| 2023-01-26 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 2023-01-31 | Date of previous Schedule 13G filing by FMR LLC (referenced for Abigail P. Johnson's Power of Attorney accession number). |
| 2024-12-31 | Date of event which requires filing of this statement (reporting period end date). |
| 2025-02-11 | Signature date of the Schedule 13G Amendment No. 4 filing. |
Keywords
Rallybio Corp, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing
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