Icahn Enterprises L.P. Files 8-K Report
Ticker: IEP · Form: 8-K · Filed: Aug 26, 2024 · CIK: 813762
| Field | Detail |
|---|---|
| Company | Icahn Enterprises L.P. (IEP) |
| Form Type | 8-K |
| Filed Date | Aug 26, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $400,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, filing
TL;DR
IEP filed an 8-K today, looks like a big deal agreement is in play.
AI Summary
On August 26, 2024, Icahn Enterprises L.P. filed an 8-K report. The filing indicates an entry into a material definitive agreement and includes financial statements and exhibits. The company's principal executive offices are located at 16690 Collins Ave, PH-1, Sunny Isles Beach, FL 33160.
Why It Matters
This 8-K filing signals a significant event for Icahn Enterprises L.P., potentially involving a new material agreement that could impact its business operations and financial standing.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that may affect the company's future performance.
Key Players & Entities
- ICAHN ENTERPRISES L.P. (company) — Registrant
- August 26, 2024 (date) — Date of Report
- 16690 Collins Ave, PH-1, Sunny Isles Beach, FL 33160 (address) — Principal Executive Offices
FAQ
What is the nature of the material definitive agreement entered into by Icahn Enterprises L.P.?
The filing does not specify the details of the material definitive agreement, only that one has been entered into as of August 26, 2024.
What other information is included in this 8-K filing?
In addition to the entry into a material definitive agreement, the filing also includes financial statements and exhibits.
When was Icahn Enterprises L.P. incorporated or organized?
Icahn Enterprises L.P. was incorporated or organized in Delaware.
What is the IRS Employer Identification Number for Icahn Enterprises L.P.?
The IRS Employer Identification Number for Icahn Enterprises L.P. is 13-3398766.
Has Icahn Enterprises L.P. had a former company name or address?
The filing indicates that the former company name was AMERICAN REAL ESTATE PARTNERS L P, with a date of name change on July 3, 1992. There is no indication of a former address change since the last report.
Filing Stats: 880 words · 4 min read · ~3 pages · Grade level 11.2 · Accepted 2024-08-26 08:31:24
Key Financial Figures
- $400,000,000 — g an aggregate offering amount of up to $400,000,000 from time to time through the Agent. Th
Filing Documents
- tm2420889d1_8k.htm (8-K) — 29KB
- tm2420889d1_ex1-1.htm (EX-1.1) — 194KB
- tm2420889d1_ex5-1.htm (EX-5.1) — 10KB
- tm2420889d1_ex8-1.htm (EX-8.1) — 7KB
- tm2420889d1_ex5-1img001.jpg (GRAPHIC) — 3KB
- 0001104659-24-092649.txt ( ) — 466KB
- iep-20240826.xsd (EX-101.SCH) — 3KB
- iep-20240826_lab.xml (EX-101.LAB) — 33KB
- iep-20240826_pre.xml (EX-101.PRE) — 22KB
- tm2420889d1_8k_htm.xml (XML) — 4KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement. On August 26, 2024, Icahn Enterprises L.P. (the "Company") entered into an Open Market Sale Agreement SM (the "Sales Agreement") with Jefferies LLC (the "Agent"). Pursuant to the terms of the Sales Agreement, the Company may issue and sell the Company's depositary units representing limited partner interests (the "Depositary Units") having an aggregate offering amount of up to $400,000,000 from time to time through the Agent. The Agent will use its commercially reasonable efforts, as the agent and subject to the terms of the Sales Agreement, to sell the Depositary Units offered. Sales of the Depositary Units, if any, may be made in sales deemed to be an "at the market offering" as defined in Rule 415(a)(4) promulgated under the Securities Act of 1933, as amended (the "Securities Act"), including sales made directly on or through the Nasdaq Global Select Market. The Company may also agree to sell Depositary Units to the Agent as principal for its own account on terms agreed to by the Company and the Agent. The Agent will be entitled to a commission from the Company of up to 2.00% of the gross sales price per Depositary Unit sold under the Sales Agreement by the Agent acting as the Company's agent with the exact amount to be agreed by the Company. The Company intends to use any net proceeds from the offering to fund potential acquisitions and for general limited partnership purposes. The Depositary Units are registered under the Securities Act, pursuant to the Company's shelf registration statement on Form S-3 (File No. 333-266174), which was declared effective by the Securities and Exchange Commission on July 26, 2022. The Sales Agreement contains customary representations, warranties, and agreements of the Company and the Agent, indemnification rights and obligations of the parties and termination provisions. The Sales Agreement is filed as Exhibit 1.1 to this Current Report on Form 8-K, and the description
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 1.1 Open Market Sales Agreement, dated as of August 26, 2024, between Icahn Enterprises L.P. and Jefferies LLC 5.1 Opinion of Proskauer Rose LLP 8.1 Opinion of Proskauer Rose LLP relating to tax matters 23.1 Consent of Proskauer Rose LLP (included in Exhibit 5.1 hereto) 23.2 Consent of Proskauer Rose LLP (included in Exhibit 8.1 hereto) 104 Cover Page Interactive Data File (formatted in Inline XBRL in Exhibit 101)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ICAHN ENTERPRISES L.P. (Registrant) By: Icahn Enterprises G.P. Inc., its general partner By: /s/ Ted Papapostolou Date: August 26, 2024 Ted Papapostolou Chief Financial Officer