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Abrdn Life Sciences Investors(HQL.US) 10% Shareholder Buys US$836.13K in Common Stock

moomoo News ·  May 7 17:50

$abrdn Life Sciences Investors (HQL.US)$ 10% Shareholder Saba Capital Management, L.P. purchased 60,874 shares of common stock on May 6, 7, 2024 at an average price of $13.74 for a total value of $836.13K.

This transaction involves other related parties: Weinstein Boaz.

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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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