Icahn Entities Amend CVR Energy Stake Filing
Ticker: CVI · Form: SC 13D/A · Filed: Jan 10, 2025 · CIK: 1376139
Sentiment: neutral
Topics: activist-investor, filing-amendment, ownership-change
Related Tickers: CVRG
TL;DR
Icahn's group updated their CVR Energy filing on Jan 10, 2025. Watch this space.
AI Summary
Carl C. Icahn, through various entities including Icahn Enterprises L.P., has filed an amendment to their Schedule 13D concerning CVR Energy Inc. The filing, dated January 10, 2025, indicates a change in their beneficial ownership of CVR Energy Inc. stock. Specific details regarding the exact percentage change or dollar amounts are not provided in this excerpt, but the filing signifies an update to their holdings.
Why It Matters
This filing updates the market on Carl Icahn's significant stake in CVR Energy, potentially signaling future strategic moves or changes in his investment approach.
Risk Assessment
Risk Level: medium — Changes in filings by major activist investors like Carl Icahn can precede significant corporate actions, introducing uncertainty.
Key Players & Entities
- Carl C. Icahn (person) — Beneficial owner and filer
- Icahn Enterprises L.P. (company) — Filing entity
- CVR Energy Inc. (company) — Subject company
- 20250110 (date) — Filing date
FAQ
What specific changes in beneficial ownership are detailed in this SC 13D/A filing for CVR Energy Inc.?
This excerpt does not provide specific details on the exact percentage or number of shares changing beneficial ownership, only that an amendment was filed on January 10, 2025.
Which entities are listed as group members filing this amendment?
The group members listed include AMERICAN ENTERTAINMENT PROPERTIES CORP., BECKTON CORP., CARL C. ICAHN, ICAHN ENTERPRISES G.P. INC., ICAHN ENTERPRISES L.P., and IEP ENERGY HOLDING LLC.
What is the Central Index Key (CIK) for CVR Energy Inc. according to this filing?
The Central Index Key for CVR Energy Inc. is 0001376139.
What is the business address for CVR Energy Inc. as stated in the filing?
The business address for CVR Energy Inc. is 2277 Plaza Drive, Suite 500, Sugar Land, TX 77479.
Who is filing this SC 13D/A amendment regarding CVR Energy Inc.?
The filing is made by Icahn Enterprises Holdings L.P., with Carl C. Icahn and other related entities acting as group members.
Filing Stats: 1,958 words · 8 min read · ~7 pages · Grade level 11.2 · Accepted 2025-01-10 17:15:38
Key Financial Figures
- $0.01 — ns (Offerors)) Common Stock, par value $0.01 per share (Title of Class of Securiti
- $18.25 — ck”) of the Company at a price of $18.25 per share, net to the seller in cash, w
- $16 million — a total purchase price of approximately $16 million in the aggregate. The shares to be acce
Filing Documents
- tm252901d1_sctota.htm (SC TO-T/A) — 116KB
- tm252901d1_ex99-a5c.htm (EX-99.(A)(5)(C)) — 9KB
- 0001104659-25-002604.txt ( ) — 127KB
Exhibits
Item 12. Exhibits. Exhibit ​ ​ Description (a)(1)(A)* ​ ​ Offer to Purchase, dated December 6, 2024. (a)(1)(B)* ​ ​ Form of Letter of Transmittal (including Guidelines for Certification of Taxpayer Identification Number on Substitute Form W-9). (a)(1)(C)* ​ ​ Form of Notice of Guaranteed Delivery. (a)(1)(D)* ​ ​ Form of Letter to Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees. (a)(1)(E)* ​ ​ Form of Letter to Clients for Use by Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees. (a)(1)(F)* ​ ​ Press release issued by Icahn Enterprises L.P., dated December 6, 2024. (a)(1)(G)* ​ ​ Summary Advertisement published in the New York Times on December 6, 2024. (a)(5)(A)* ​ ​ Letter dated November 8, 2024 to the Board of Directors of the Company. (a)(5)(B)* Press release issued by Icahn Enterprises L.P., dated January 6, 2025. (a)(5)(C) Press release issued by Icahn Enterprises L.P., dated January 9, 2025 (b) ​ ​ Not applicable. (d)(1)* ​ ​ Tender Offer Agreement (the “Tender Offer Agreement”) by and between Icahn Enterprises Holdings and the Company, dated December 6, 2024. (d)(2)* ​ ​ Form of Tax Allocation Agreement by and among American Entertainment Properties Corp., the Company and certain subsidiaries of the Company (included as Exhibit B to the Tender Offer Agreement, filed herewith as Exhibit (d)(1)). (g) ​ ​ Not applicable. (h) ​ &N
SIGNATURES
SIGNATURES After due 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: January 10, 2025 ICAHN ENTERPRISES HOLDINGS L.P. BY: Icahn Enterprises G.P. Inc., its general partner By: /s/ Ted Papapostolou Name: Ted Papapostolou Title: Chief Financial Officer and Secretary ICAHN ENTERPRISES L.P. BY: Icahn Enterprises G.P. Inc., its general partner By: /s/ Ted Papapostolou Name: Ted Papapostolou Title: Chief Financial Officer and Secretary ICAHN ENTERPRISES G.P. INC. By: /s/ Ted Papapostolou Name: Ted Papapostolou Title: Chief Financial Officer and Secretary IEP ENERGY HOLDING LLC By: /s/ Ted Papapostolou Name: Ted Papapostolou Title: Chief Financial Officer and Secretary AMERICAN ENTERTAINMENT PROPERTIES CORP. By: /s/ Ted Papapostolou Name: Ted Papapostolou Title: Chief Financial Officer, Treasurer and Secretary BECKTON CORP. By: /s/ Ted Papapostolou Name: Ted Papapostolou Title: Vice President /s/ CARL C. ICAHN Name: Carl C. Icahn