Icahn Enterprises L.P. Files SC 13D/A Amendment
Ticker: IEP · Form: SC 13D/A · Filed: Jun 25, 2024 · CIK: 813762
| Field | Detail |
|---|---|
| Company | Icahn Enterprises L.P. (IEP) |
| Form Type | SC 13D/A |
| Filed Date | Jun 25, 2024 |
| Risk Level | medium |
| Pages | 8 |
| Reading Time | 9 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: activist-investor, amendment, filing-update
TL;DR
Icahn filed an update on his stake in Icahn Enterprises L.P. - watch for news.
AI Summary
Carl Icahn, through various entities including Icahn Enterprises L.P., has filed an amended SC 13D/A on June 25, 2024, related to Icahn Enterprises L.P. The filing indicates a change in the reporting person's holdings or intentions regarding the company, which is involved in the Motor Vehicle Parts & Accessories industry.
Why It Matters
This filing signifies a potential shift in Carl Icahn's stake or strategy concerning Icahn Enterprises L.P., which could impact the company's stock performance and corporate governance.
Risk Assessment
Risk Level: medium — Filings by activist investors like Carl Icahn can lead to significant stock volatility and strategic changes within the company.
Key Players & Entities
- ICAHN ENTERPRISES L.P. (company) — Subject Company
- ICAHN CARL C (person) — Filing Person
- BARBERRY CORP. (company) — Group Member
- CCI ONSHORE LLC (company) — Group Member
- GASCON PARTNERS (company) — Group Member
- HIGH COAST LIMITED PARTNERSHIP (company) — Group Member
- HIGHCREST INVESTORS LLC (company) — Group Member
- LITTLE MEADOW CORP. (company) — Group Member
- STARFIRE HOLDING CORP (company) — Group Member
- THORNWOOD ASSOCIATES LIMITED PARTNERSHIP (company) — Group Member
FAQ
What is the primary purpose of this SC 13D/A filing?
This filing is an amendment to a previous SC 13D filing, indicating a change in the reporting person's holdings or intentions regarding Icahn Enterprises L.P.
Who is the primary filer associated with this amendment?
Carl Icahn, along with various associated entities, is the filer.
What industry does Icahn Enterprises L.P. operate in?
Icahn Enterprises L.P. operates in the Motor Vehicle Parts & Accessories industry, with a Standard Industrial Classification code of 3714.
When was this SC 13D/A filing submitted?
The filing was submitted on June 25, 2024.
What is the business address listed for Icahn Enterprises L.P.?
The business address is 16690 Collins Ave, PH-1, Sunny Isles Beach, FL 33160.
Filing Stats: 2,363 words · 9 min read · ~8 pages · Grade level 13.3 · Accepted 2024-06-25 06:05:17
Filing Documents
- n2779_x232-sc13da.htm (SC 13D/A) — 103KB
- 0001539497-24-001315.txt ( ) — 105KB
Interest in Securities of the Issuer
Item 5. Interest in Securities of the Issuer Items 5(a), 5(b) and 5(c) of the Initial 13D are hereby amended and restated as follows: (a) The Reporting Persons may be deemed to beneficially own, in the aggregate, 406,313,986 Depositary Units, representing approximately 86.15% of the Issuer's outstanding Depositary Units (based upon: (i) the 451,194,040 Depositary Units stated to be outstanding as of May 8, 2024 by the Issuer in the Issuer's Form 10-Q filing filed with the Securities and Exchange Commission on May 8, 2024; plus (ii) the 20,418,007 Depositary Units issued to the Reporting Persons by the Issuer on June 25, 2024 in connection with a regular quarterly distribution of Depositary Units by the Issuer). (b) CCI Onshore has sole voting power and sole dispositive power with respect to 86,811,764 Depositary Units. Pursuant to Rule 13d-3(a) under the Exchange Act, each of High Coast, Little Meadow and Mr. Icahn (by virtue of their relationships to CCI Onshore) may be deemed to indirectly beneficially own the Depositary Units which CCI Onshore owns. Each of High Coast, Little Meadow and Mr. Icahn disclaims beneficial ownership of the Depositary Units for all other purposes. Gascon has sole voting power and sole dispositive power with respect to 55,851,863 Depositary Units. Pursuant to Rule 13d-3(a) under the Exchange Act, each of Little Meadow and Mr. Icahn (by virtue of their relationships to Gascon) may be deemed to indirectly beneficially own the Depositary Units which Gascon owns. Each of Little Meadow and Mr. Icahn disclaims beneficial ownership of the Depositary Units for all other purposes. High Coast has sole voting power and sole dispositive power with respect to 203,601,501 Depositary Units. Pursuant to Rule 13d-3(a) under the Exchange Act, each of Little Meadow and Mr. Icahn (by virtue of their relationships to High Coast) may be deemed to indirectly beneficially own the Depositary Units which High Coast owns. Each of Little Meadow and Mr. Icahn d
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of the knowledge and belief of each of the undersigned, each of the undersigned certifies that the information set forth in this statement on Schedule 13D concerning the depositary units representing limited partner interests in Icahn Enterprises L.P., a Delaware limited partnership, is true, complete and correct. Dated: June 25, 2024 CCI ONSHORE LLC By: /s/ Rowella Asuncion-Gumabong Name: Rowella Asuncion-Gumabong Title: Vice President GASCON PARTNERS By: Little Meadow Corp., its managing general partner By: /s/ Rowella Asuncion-Gumabong Name: Rowella Asuncion-Gumabong Title: Vice President HIGH COAST LIMITED PARTNERSHIP By: Little Meadow Corp., its general partner By: /s/ Rowella Asuncion-Gumabong Name: Rowella Asuncion-Gumabong Title: Vice President HIGHCREST INVESTORS LLC By: /s/ Rowella Asuncion-Gumabong Name: Rowella Asuncion-Gumabong Title: Vice President [Signature Page for Amendment No. 74 to Schedule 13D - Icahn Enterprises L.P.]   BARBERRY CORP. By: /s/ Rowella Asuncion-Gumabong Name: Rowella Asuncion-Gumabong Title: Vice President LITTLE MEADOW CORP. By: /s/ Rowella Asuncion-Gumabong Name: Rowella Asuncion-Gumabong Title: Vice President STARFIRE HOLDING CORPORATION By: /s/ Rowella Asuncion-Gumabong Name: Rowella Asuncion-Gumabong Title: Vice President THORNWOOD ASSOCIATES LIMITED PARTNERSHIP By: Barberry Corp., its general partner By: /s/ Rowella Asuncion-Gumabong Name: Rowella Asuncion-Gumabong Title: Vice President /s/ Carl C. Icahn CARL C. ICAHN [Signature Page for Amendment No. 74 to Schedule 13D - Icahn Enterprises L.P.]