Carlyle Group Files SC 13D for Cano Health
Ticker: CGABL · Form: SC 13D · Filed: Jul 8, 2024 · CIK: 1527166
| Field | Detail |
|---|---|
| Company | Carlyle Group Inc. (CGABL) |
| Form Type | SC 13D |
| Filed Date | Jul 8, 2024 |
| Risk Level | medium |
| Pages | 13 |
| Reading Time | 15 min |
| Key Dollar Amounts | $0.0001, $0.01, $25.30 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 13D-filing, ownership-change, investment-firm
Related Tickers: CANO
TL;DR
Carlyle Group just filed a 13D on Cano Health. Big player making a move.
AI Summary
Carlyle Group Inc. has filed an SC 13D, indicating a significant change in its holdings in Cano Health, Inc. The filing, dated July 8, 2024, details Carlyle's group members and their involvement with Cano Health, which is headquartered in Miami, FL. Cano Health was formerly known as Jaws Acquisition Corp. before a name change on January 21, 2020.
Why It Matters
This filing signals a potential shift in control or influence over Cano Health, Inc. by a major investment firm, which could impact the company's strategic direction and shareholder value.
Risk Assessment
Risk Level: medium — SC 13D filings often precede significant corporate actions or changes in control, which can introduce volatility and uncertainty for investors.
Key Players & Entities
- Carlyle Group Inc. (company) — Filing entity
- Cano Health, Inc. (company) — Subject company
- Jaws Acquisition Corp. (company) — Former name of subject company
- 20240708 (date) — Filing date
- 20200121 (date) — Date of name change for Cano Health
FAQ
What is the primary purpose of this SC 13D filing by Carlyle Group Inc.?
The filing indicates a significant change in beneficial ownership of Cano Health, Inc. by Carlyle Group Inc. and its group members.
Who are the listed group members of Carlyle Group Inc. involved in this filing?
The listed group members include CARLYLE CLO MANAGEMENT L.L.C., CARLYLE HOLDINGS I GP INC., CARLYLE HOLDINGS I GP SUB L.L.C., CARLYLE HOLDINGS I L.P., CARLYLE INVESTMENT MANAGEMENT L.L.C., CG SUBSIDIARY HOLDINGS L.L.C., and TC GROUP, L.L.C.
When was this SC 13D filing submitted to the SEC?
The filing was submitted on July 8, 2024.
What was Cano Health, Inc. formerly known as?
Cano Health, Inc. was formerly known as Jaws Acquisition Corp.
What is the business address of Cano Health, Inc.?
The business address of Cano Health, Inc. is 9725 NW 117TH AVENUE, SUITE 200, MIAMI, FL 33178.
Filing Stats: 3,783 words · 15 min read · ~13 pages · Grade level 10 · Accepted 2024-07-08 18:15:25
Key Financial Figures
- $0.0001 — relates to the Common Stock, par value $0.0001 per share (Common Stock), of Cano Healt
- $0.01 — ll of the Issuers class A common stock, $0.01 par value, and redeemable warrants were
- $25.30 — Stock, at an initial exercise price of $25.30 per share, exercisable for a 5-year per
Filing Documents
- d862620dsc13d.htm (SC 13D) — 171KB
- d862620dex991.htm (EX-99.1) — 12KB
- d862620dex992.htm (EX-99.2) — 12KB
- 0001193125-24-176400.txt ( ) — 196KB
above summarizes certain provisions of the Bankruptcy Plan and Shareholders Agreement and is
Item 4 above summarizes certain provisions of the Bankruptcy Plan and Shareholders Agreement and is incorporated herein by reference. A copy of each of these agreements is attached as an exhibit to this Schedule 13D and is incorporated herein by reference. Except as set forth herein, none of the Reporting Persons or Related Persons have any contracts, arrangements, understandings or relationships (legal or otherwise) with any person with respect to any securities of the Issuer, including but not limited to any contracts, arrangements, understandings or relationships concerning the transfer or voting of such securities, finders fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or losses, or the giving or withholding of proxies. Item7. Materials to be Filed as Exhibits Exhibit Number Description 1 Joint Filing Agreement. 2 Power of Attorney 3 Order of the Bankruptcy Court, dated June 28, 2024, confirming the Modified Fourth Amended Joint Chapter 11 Plan of Reorganization of Cano Health, Inc. and its Affiliated Debtors, including a copy of the Bankruptcy Plan (incorporated by reference to Exhibit 2.1 to the Issuers Current Report on Form 8-K filed July 1, 2024). 4 Shareholders Agreement of Cano Health, Inc., dated as of June 28, 2024 (incorporated by reference to Exhibit 10.1 to the Issuers Current Report on Form 8-K filed July 1, 2024). CUSIP No. 13781Y103 13D Page 15 of 16 pages
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date : July 8, 2024 The Carlyle Group Inc. By: /s/ Anne Frederick, attorney-in-fact Name: John Redett Title: Chief Financial Officer Carlyle Holdings I GP Inc. By: /s/ Anne Frederick, attorney-in-fact Name: John Redett Title: Managing Director and Chief Financial Officer Carlyle Holdings I GP Sub L.L.C. By: Carlyle Holdings I GP Inc., its sole member By: /s/ Anne Frederick, attorney-in-fact Name: John Redett Title: Managing Director and Chief Financial Officer Carlyle Holdings I L.P. By: /s/ Anne Frederick, attorney-in-fact Name: John Redett Title: Managing Director CG Subsidiary Holdings L.L.C. By: /s/ Anne Frederick, attorney-in-fact Name: John Redett Title: Managing Director TC Group, L.L.C. By: /s/ Anne Frederick, attorney-in-fact Name: John Redett Title: Managing Director CUSIP No. 13781Y103 13D Page 16 of 16 pages Carlyle Investment Management L.L.C. By: /s/ Anne Frederick, attorney-in-fact Name: John Redett Title: Chief Financial Officer Carlyle CLO Management L.L.C. By: Carlyle Investment Management L.L.C., its sole member By: /s/ Anne Frederick, attorney-in-fact Name: John Redett Title: Chief Financial Officer