SCHEDULE 13G: FMR LLC and Abigail P. Johnson Disclose 5.6% Passive Stake in Third Harmonics Bio Inc.
Beneficial Ownership Disclosure
FMR LLC and its affiliate Abigail P. Johnson have filed a Schedule 13G, reporting a passive beneficial ownership of 5.6% of the common stock of Third Harmonics Bio Inc. as of December 31, 2024.
Summary
- FMR LLC and Abigail P. Johnson, acting as reporting persons, have disclosed their beneficial ownership in Third Harmonics Bio Inc.
- As of December 31, 2024, FMR LLC and Abigail P. Johnson collectively beneficially own 2,536,540 shares of Third Harmonics Bio Inc.'s common stock.
- This ownership represents 5.6% of the total outstanding common stock of Third Harmonics Bio Inc.
- FMR LLC holds sole voting power over 2,533,560 shares and sole dispositive power over 2,536,540 shares.
- Abigail P. Johnson holds sole dispositive power over 2,536,540 shares, with no sole or shared voting power directly attributed.
- The filing indicates that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.
- The filing was made under Rule 13d-1(b), signifying a passive investment intent.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would indicate a positive or negative sentiment regarding the issuer's performance or outlook. It is a neutral regulatory filing.
Future Outlook
NA
Industry Context
This filing is a standard disclosure of a significant passive ownership stake by a major institutional investor, FMR LLC (Fidelity Management & Research Company LLC), and its principal, Abigail P. Johnson. It reflects an investment decision rather than operational or strategic insights into Third Harmonics Bio Inc. The filing itself does not provide broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders: The disclosure of a significant passive stake by a prominent institutional investor like FMR LLC may be viewed positively, indicating institutional confidence or interest in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date of Power of Attorney for FMR LLC and its direct and indirect subsidiaries. |
| 2023-01-26 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 2024-12-31 | Date of event which requires filing of this statement (reporting period end date). |
| 2025-02-11 | Date of filing of the Schedule 13G statement. |
Keywords
Schedule 13G, Beneficial Ownership, FMR LLC, Abigail P. Johnson, Third Harmonics Bio Inc, Common Stock, Institutional Investor, Passive Investment, SEC Filing
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