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Aerovate(AVTE.US) 10% Shareholder Buys US$1.55 Million in Common Stock

Moomoo News ·  Jun 20 18:36

$Aerovate (AVTE.US)$ 10% Shareholder RA CAPITAL MANAGEMENT, L.P. purchased 928.11K shares of common stock on Jun 17, 2024 at an average price of $1.67 for a total value of $1.55 million.

This transaction involves other related parties: RA Capital Healthcare Fund LP, RA Capital Nexus Fund, L.P., Kolchinsky Peter and Shah Rajeev M..

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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