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Sunday, March 27, 2016 1:03:13 AM
Learn Why Cross & Co Just Purchased Cv Sciences, Inc Stake?
David Hannula | March 11, 2016
The New Cross & Co Holding in Cv Sciences, Inc
Cross & Co filed with the SEC SC 13G form for Cv Sciences, Inc. The form can be accessed here: 000114420416087594. As reported in Cross & Co’s form, the filler as of late owns 9.4% or 3,793,671 shares of the -company.
Cv Sciences, Inc stake is a new one for the and it was filed because of activity on July 21, 2015. We feel this shows Cross & Co’s positive view for the stock.
SEC Form 13G is required when the filer owns between (5% and 20%) of a company and plans to hold it only as a passive investor. In case the filler intend to exert control and the stake’s exceeds 20%, then 13D Form must be filed. These filings can NOT be a precursor to “change of control” events such as hostile takeovers, company breakups or others.
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