SCHEDULE 13G/A: The Production Board, LLC Discloses 11.7% Stake in STARCO BRANDS, INC.
Beneficial Ownership Report
The Production Board, LLC has filed an amended Schedule 13G, revealing a beneficial ownership of 11.7% of STARCO BRANDS, INC.'s Class A Common Stock.
Summary
- The Production Board, LLC reported beneficial ownership of 91,447,397 shares of STARCO BRANDS, INC. Class A Common Stock.
- This stake represents 11.7% of the total 784,192,034 Class A Common Stock shares outstanding as of May 20, 2025.
- The filing is an Amendment No. 1 to a Schedule 13G, indicating an update to a previously reported ownership position.
- The Production Board, LLC holds sole voting power and sole dispositive power over 91,444,397 shares, with no shared voting or dispositive power.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing (Schedule 13G) disclosing beneficial ownership, which is inherently neutral in tone. It provides factual information about a significant stake without discussing company performance or future prospects.
Positives
- Increased transparency regarding significant institutional ownership in STARCO BRANDS, INC.
- A substantial stake by The Production Board, LLC (11.7%) could signal confidence in the company's long-term prospects from a major investor.
Future Outlook
NA
Industry Context
This filing indicates a significant institutional investment in STARCO BRANDS, INC., a consumer products company. Such disclosures are common in the financial industry, reflecting changes in major shareholder positions and providing transparency to the market regarding significant equity stakes.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional investor's stake, which could be viewed positively as a vote of confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 05/20/2025 | Date of event which requires filing of this statement; also the date as of which 784,192,034 shares of Class A common stock were reported outstanding in the Issuer's Form 10-Q. |
| 05/21/2025 | Date of signing of the Schedule 13G Amendment No. 1. |
Keywords
STARCO BRANDS INC, The Production Board LLC, Schedule 13G, beneficial ownership, Class A Common Stock, institutional ownership, SEC filing, equity stake
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