Goldman Sachs discloses trading position in Avadel Pharmaceuticals

Published 29/10/2025, 12:32
© Reuters

DUBLIN - Goldman Sachs & Co. LLC disclosed Wednesday its trading position in Avadel Pharmaceuticals PLC (NASDAQ:AVPL), revealing it holds a 1.75% long position and a 0.65% short position in the Irish pharmaceutical company.

According to a regulatory filing with the Irish Takeover Panel, Goldman Sachs held 1,709,916 shares in a long position and 635,737 shares in a short position as of October 28, 2025. The disclosure was made under Rule 38.5(b) of the Irish Takeover Panel Act.

The filing shows Goldman Sachs conducted several transactions on October 28, including purchases of 190 shares at $18.5650 per share. The firm also engaged in various securities lending transactions involving tens of thousands of shares.

Goldman Sachs is serving as an advisor to Avadel Pharmaceuticals, according to the disclosure. The filing indicates the investment bank holds derivatives including a swap position expiring in December 2025 and January 2026.

The disclosure was made in compliance with Irish takeover regulations that require principal traders connected to companies involved in potential takeover situations to report their dealings in relevant securities.

The filing was submitted to the Regulatory News Service (RNS) of the London Stock Exchange on October 29, 2025, as required by Irish financial regulations.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.