Bank of America drops below 10% voting rights threshold in Lakefront Biotherapeutics, holds 8.54%
BAC•Bank of America’s voting rights exposure in Lakefront Biotherapeutics fell below 10% on Oct. 2, to 8.54%. The holding included 254,604 shares and 5,371,394 equivalent financial instruments, based on 65,897,071 outstanding shares.
1. Voting rights disclosure
A regulatory disclosure filed on Oct. 6 showed that Bank of America’s Lakefront Biotherapeutics voting rights exposure fell below the 10% threshold on Oct. 2. Its 8.54% holding included 254,604 shares and 5,371,394 equivalent financial instruments.




