Summary by Moomoo AI
MBIA Inc., a financial services company, has been the subject of a Schedule 13G filing with the United States Securities and Exchange Commission, indicating a significant investment by Kahn Brothers Group Inc. The filing reveals that Kahn Brothers Group Inc. now beneficially owns 5,176,613 shares of MBIA Inc., which represents 10.10% of the company's common stock class. The shares are owned on behalf of Kahn Brothers' clients, who have the right to receive dividends or proceeds from the sale of these securities. The address of MBIA Inc.'s principal offices is listed as 1 Manhattanville Road, Suite 301, Purchase, NY, while Kahn Brothers Group Inc. operates out of 555 Madison Avenue, Suite 1303, New York, NY. The filing indicates a shared power to dispose of or direct the disposition of the shares held.
