Wednesday, October 14, 2020 4:09:11 PM
Today 1:55 PM ET (Benzinga)Print
Shares of Hyliion Holdings Corp (NYSE: HYLN) were up sharply Wednesday after several SEC ownership filings were issued Tuesday after the market closed.
Axioma Ventures Stake: A 13D filing showed that venture cap firm Axioma Ventures owns a 10.8% stake in the company.
The venture cap firm was an early investor in Hyliion, leading a 2017 $21 million funding round. Axioma co-founder Howard Jenkins has been a director in Hyliion since 2016.
Related Link: Hyliion Struggles In First Day Of Post-SPAC Merger Trading
FJ Management Stake: A 13G filing showed that FJ Management owns a 5.4% stake in Hyliion.
At the time of its 2017 funding round, Hyliion highlighted FJ Management as a partner.
The FJ Management stake is interesting as it's being tied to Warren Buffett and Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B).
Buffett bought a 38.6% stake in Pilot Flying J in 2017. That stake will grow to 80% by the year 2023.
FJ Management owns 11.3% of Pilot Flying J and will own no stake in the company by 2023, with the Haslam family owning the remaining 20%.
Benzinga’s Take: Both of these companies were reported as shareholders at the time the SPAC deal was announced.
The filings could breathe new life into Hyliion shares, which are down 45% over the last month.
Shares of Hyliion traded up 6.6% to $28.25 at the time of publication.
Recent HYLN News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/18/2024 10:28:03 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/11/2024 09:32:39 PM
- Hyliion Awarded US Government Contract for Game-Changing KARNO Generator for the US Navy • Business Wire • 09/09/2024 12:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/03/2024 09:51:44 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/28/2024 09:58:16 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/28/2024 09:57:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/28/2024 09:57:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/28/2024 09:56:36 PM
- Hyliion Holdings to Present at the 2024 Gateway Conference on September 4, 2024 • GlobeNewswire Inc. • 08/27/2024 12:00:00 PM
- Hyliion and Jardine Engineering Corporation Sign Memorandum of Understanding to Explore the KARNO Generator's Potential in Asian Power Generation Markets • Business Wire • 08/19/2024 12:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/13/2024 09:48:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/13/2024 09:47:42 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/13/2024 09:46:37 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/13/2024 09:46:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/13/2024 09:45:23 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/13/2024 09:44:44 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/08/2024 09:57:16 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/08/2024 09:56:31 PM
- Hyliion Awarded Government Contract to Create a Megawatt-Scale Concept of the KARNO Generator Technology for the United States Navy • Business Wire • 08/08/2024 12:30:00 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 08/06/2024 09:01:03 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/06/2024 08:53:32 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/06/2024 08:52:36 PM
- Hyliion Holdings Reports Second-Quarter 2024 Financial Results • Business Wire • 08/06/2024 08:52:00 PM
- Hyliion Signs Letter of Intent with Flexnode to Deploy Up to 10 KARNO Generators to Power High-Performance Flexible Micro Data Centers • Business Wire • 08/05/2024 12:30:00 PM
- Hyliion Signs a Letter of Intent to Provide a 200kW KARNO Generator for a U.S. Energy RNG Fueling Station • Business Wire • 07/29/2024 12:30:00 PM
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