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Submissions in pages > 1 not available when identifying company by ticker #144

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TristanJanicki opened this issue Nov 6, 2024 · 3 comments
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question Further information is requested

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@TristanJanicki
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TristanJanicki commented Nov 6, 2024

So I have this code here

set_identity('tristan@pocket-quant.com')
ticker = "BLK"
c = Company(ticker)
print(c.category)
filing = c.get_filings(accession_number='0000950170-22-022155').latest(1)
reportDate = filing.report_date

And it throws this exception

File "/utils/test-edgartools.py", line 11, in <module> reportDate = filing.report_date ^^^^^^^^^^^^^^^^^^ AttributeError: 'NoneType' object has no attribute 'report_date'

However when I use this code with the CIK instead of the ticker it works

ticker = "0001364742"
c = Company(ticker)
...

This submission is on page 2 of BLKs submissions api response so I'm guessing it has to do with that.

https://data.sec.gov/submissions/CIK0001364742-submissions-002.json

@dgunning
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dgunning commented Nov 6, 2024

There are 2 Blackrocks, which is why the discrepancy

blackrock

@TristanJanicki
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Do you know what explains this?

@dgunning
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From Perplexity.ai

The relationship between BlackRock Inc. and BlackRock Finance Inc. is the result of a recent corporate restructuring. Here are the key points:

Corporate Restructuring: BlackRock underwent a significant change in its corporate structure following its acquisition of Global Infrastructure Partners8.

Name Change: As part of this restructuring, the original BlackRock Inc. was renamed BlackRock Finance Inc8.

New Public Entity: A new company (referred to as "NewCo" in the press release) was created and became the publicly listed entity, taking on the name BlackRock Inc8.

Continuation of Business: Despite these changes, the core business and operations of BlackRock remain essentially the same. The company continues to be one of the world's largest investment management firms, with over $11.5 trillion in assets under management as of December 31, 20234.

Leadership: The leadership structure appears to have remained stable through this transition, with Larry Fink continuing as Chairman and CEO of the new BlackRock Inc6.

Purpose of Restructuring: While not explicitly stated, such corporate restructurings are often done for strategic, financial, or operational reasons, potentially to optimize the company's structure following the major acquisition of Global Infrastructure Partners.

This restructuring essentially means that the entity formerly known as BlackRock Inc. is now BlackRock Finance Inc., while the publicly traded company that investors interact with continues to be called BlackRock Inc., albeit as a newly formed entity. The core business, assets, and operations of the company remain largely unchanged from an external perspective.

@dgunning dgunning added the question Further information is requested label Nov 14, 2024
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