Adage Capital Partners Amends Talos Energy Stake

TL;DR

**Adage Capital Partners updated their Talos Energy holdings, signaling continued institutional interest.**

AI Summary

Adage Capital Partners, L.P. filed an amended Schedule 13G/A on February 7, 2024, indicating a change in their beneficial ownership of Talos Energy Inc. common stock as of December 31, 2023. This filing, an amendment to a previous disclosure, shows that Adage Capital Partners, a Delaware-organized entity, continues to hold a significant stake in Talos Energy. This matters to investors because large institutional holdings and changes can signal confidence or concern in the company's future performance, potentially influencing stock price.

Why It Matters

Changes in significant institutional ownership can influence investor sentiment and stock price, as large funds often conduct extensive due diligence.

Risk Assessment

Risk Level: low — This filing is a routine update on institutional ownership and does not inherently present new risks to the company or its investors.

Analyst Insight

Investors should note that Adage Capital Partners, L.P. continues to hold a position in Talos Energy Inc. and monitor future filings for significant changes in their stake, which could indicate a shift in their investment thesis.

Key Players & Entities

• Adage Capital Partners, L.P. (company) — the reporting person filing the SC 13G/A
• Talos Energy Inc. (company) — the issuer whose securities are being reported
• Delaware (company) — place of organization for Adage Capital Partners, L.P.
• December 31, 2023 (date) — date of event requiring the filing
• February 7, 2024 (date) — date the SC 13G/A was filed

FAQ

Key Financial Figures

• $0.01 — me of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securitie

Filing Documents

• p24-0419sc13ga.htm (SC 13G/A) — 99KB
• 0000902664-24-001162.txt ( ) — 100KB

(a)

Item 1(a). NAME OF ISSUER The name of the issuer is Talos Energy Inc. (the “ Company ”).

(b)

Item 1(b). ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES The Company’s principal executive offices are located at 333 Clay Street, Suite 3300, Houston, TX 77002.

(a)

Item 2(a). NAME OF PERSON FILING This statement is filed by: (i) Adage Capital Partners, L.P., a Delaware limited partnership (“ ACP ”) with respect to the Common Stock and the shares of Common Stock issuable upon exercise of warrants directly owned by it; (ii) Adage Capital Partners GP, L.L.C., a limited liability company organized under the laws of the State of Delaware (“ ACPGP ”), as general partner of ACP with respect to the Common Stock and the shares of Common Stock issuable upon exercise of warrants directly owned by ACP; (iii) Adage Capital Advisors, L.L.C., a limited liability company organized under the laws of the State of Delaware (“ ACA ”), as managing member of ACPGP, general partner of ACP, with respect to the Common Stock and the shares of Common Stock issuable upon exercise of warrants directly owned by ACP; (iv) Robert Atchinson (“ Mr. Atchinson ”), as managing member of ACA, managing member of ACPGP, general partner of ACP with respect to the Common Stock and the shares of Common Stock issuable upon exercise of warrants directly owned by ACP; and (v) Phillip Gross (“ Mr. Gross ”), as managing member of ACA, managing member of ACPGP, general partner of ACP with respect to the Common Stock and the shares of Common Stock issuable upon exercise of warrants directly owned by ACP. The foregoing persons are hereinafter sometimes collectively referred to as the “ Reporting Persons .” Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party. The filing of this statement should not be construed in and of itself as an admission by any Reporting Person as to beneficial ownership of the securities reported herein.

(b)

Item 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE The address of the business office of each of the Reporting Persons is 200 Clarendon Street, 52nd Floor, Boston, Massachusetts 02116.

(c)

Item 2(c). CITIZENSHIP ACP is a limited partnership organized under the laws of the State of Delaware. ACPGP and ACA are limited liability companies organized under the laws of the State of Delaware. Messrs. Gross and Atchinson are citizens of the United States. CUSIP No. 87484T108 13G/A Page 8 of 10 Pages

(d)

Item 2(d). TITLE OF CLASS OF SECURITIES Common stock, par value $0.01 per share (the “ Common Stock ”).

(e)

Item 2(e). CUSIP NUMBER 87484T108 Item 3. IF THIS STATEMENT IS FILED PURSUANT TO Rules 13d-1(b), OR 13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: (a) Broker or dealer registered under Section 15 of the Act; (b) Bank as defined in Section 3(a)(6) of the Act; (c) Insurance company as defined in Section 3(a)(19) of the Act; (d) Investment company registered under Section 8 of the Investment Company Act of 1940; (e) An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; (j) A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J); (k) Group, in accordance with Rule 13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution : Not applicable. Item 4. A. Adage Capital Partners, L.P., Adage Capital Partners GP, L.L.C. and Adage Capital Advisors, L.L.C. (a) Amount beneficially owned: 2,805,360 shares of Common Stock (b) Percent of class: 2.26%. The percentage set forth in this Schedule 13G/A is calculated based upon 124,080,361 shares of Common Stock outstanding as of December 31, 2023, as reported in the Company’s Prospectus filed pursuant to Rule 424(b)(3) with the Securities and Exchange Commission on January 1, 2024. (c) (i) Sole power to vote or direct the vote: 0 (ii) Shared power to vote or direct the vote: 2,805,360 shares of Common Stock CUSIP No. 87484T108 13G/A Page 9 of 10 Pages (iii) Sole power to dispose or direct the disposition: 0 (iv) Shared power to dispose or direct the

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. DATE: February 7, 2024 ADAGE CAPITAL PARTNERS, L.P. By: Adage Capital Partners GP, L.L.C., its general partner By: Adage Capital Advisors, L.L.C., its managing member /s/ Robert Atchinson Name: Robert Atchinson Title: Managing Member ADAGE CAPITAL PARTNERS GP, L.L.C. By: Adage Capital Advisors, L.L.C., its managing member /s/ Robert Atchinson Name: Robert Atchinson Title: Managing Member ADAGE CAPITAL ADVISORS, L.L.C. /s/ Robert Atchinson Name: Robert Atchinson Title: Managing Member ROBERT ATCHINSON /s/ Robert Atchinson ROBERT ATCHINSON, individually PHILLIP GROSS /s/ Phillip Gross PHILLIP GROSS, individually

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View this SC 13G/A filing on SEC EDGAR