Spectrum Pharmaceutecals Inc (SPPI)

[antihama]

BlackRock beneficially owns 10% or more of Spectrum Pharma. As I was perusing the 8ks to see if I could find if Spectrum bought anymore shares of CASI, I read this about Blackrock from an 8k dated Oct 13th

“(tt) “ Designated Holder ” shall mean BlackRock, Inc., together with all of its Affiliates and Associates (“ BlackRock ”), until the earliest of (a) such time as BlackRock ceases to beneficially own 10% or more of the Common Shares of the Company, (b) such time as BlackRock, Inc. or any Parent (as defined in Rule 12b-2 of the General Rules and Regulations under the Exchange Act, as in effect on the date of this Agreement) is subject to a change of control as determined by the Board of Directors in its sole discretion, or (c) such time as BlackRock reports or is required to report on Schedule 13D (or any successor or comparable report) its beneficial ownership of Common Shares of the Company.”

I didn't know that or more precisely, I knew Blackrock owned a chunk of Spectrum but didn't realize it was 10% or more. Good to have them on our side me thinks.