SC 13G: Enhabit, Inc.

AI Summary

SC 13G filing by Enhabit, Inc..

Risk Assessment

Risk Level: low

Key Financial Figures

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

Filing Documents

• knots-sc13g_111424.htm (SC 13G) — 84KB
• ex-a.htm (EX-99.A) — 7KB
• 0001839882-24-039356.txt ( ) — 93KB

If this statement is filed pursuant to Sec. 240.13d-1(b) or (c), check whether the person filing is a

Item 3 If this statement is filed pursuant to Sec. 240.13d-1(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); CUSIP No. 29332G102 13G Page 7 of 11 (e) An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); (h) A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J); (k) Group, in accordance with Sec. 240.13d-1(b)(1)(ii)(K).

Ownership

Item 4 Ownership The information required by Items 4(a) - (c) is set forth in Rows (5) - (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person. 8 Knots Fund beneficially owns 2,263,922 shares of Common Stock of the Issuer. 8 Knots GP, as the general partner of 8 Knots Fund, may be deemed to beneficially own the Common Stock owned by 8 Knots Fund. Additionally, Scott Green, is an individual and sole managing member of 8 Knots Management. 8 Knots Management, an investment adviser registered with the U.S. Securities and Exchange Commission under Section 203 of the Investment Advisers Act of 1940, serves as investment manager to 8 Knots Fund pursuant to an investment advisory agreement with the 8 Knots Fund. Accordingly, 8 Knots Management and Mr. Green may be deemed to have beneficial ownership over the shares of Common Stock directly owned by 8 Knots Fund, the Sub-Advised Fund (as defined below), and the SMAs (as defined below). 8 Knots Management also serves as a sub-adviser, pursuant to a sub-advisory investment management agreement, to another private investment fund (such sub-advised fund, the “Sub-Advised Fund”) which beneficially owns 173,171 shares of Common Stock. While 8 Knots Management maintains investment discretion with respect to the Sub-Advised Fund, including the Common Stock, the sub-advisory investment management agreement is terminable by the Sub-Advised Fund’s investment manager at any time upon 30 days written notice. Accordingly, 8 Knots Management and Mr. Green disclaim beneficial ownership of the Common Stock owned by the Sub-Advised Fund. 8 Knots Management serves as an adviser to five separately managed accounts (each, an “SMA”, and collectively, the “SMAs”) pursuant to respective investment management agreements entered into between 8 Knots Management and each SMA. The SMAs beneficially own shares of Common Stock as follows

Ownership of Five Percent or Less of a Class

Item 5 Ownership of Five Percent or Less of a Class. As of the date of this Report, the aggregate beneficial ownership of the Reporting Persons had been reduced to below five percent (5%). CUSIP No. 29332G102 13G Page 8 of 11

Ownership of More than Five Percent on Behalf of Another Person

Item 6 Ownership of More than Five Percent on Behalf of Another Person. Mr. Green, 8 Knots GP, and 8 Knots Management may be deemed to beneficially own 2,263,922 shares of Common Stock reported in this statement beneficially owned by 8 Knots Fund, which represents 4.50% of the Common Stock of the Issuer. 8 Knots Fund holds the right to receive dividends from, or the proceeds from the sale of, all such 2,263,922 shares of Common Stock. Shares of common stock representing 1,370,133 shares of Common Stock are held by the SMAs in the aggregate, each of which has the right to receive dividends from, or the proceeds from the sale of, the actual shares held by each such SMA (as set forth in Item 4). Such interest does not relate to more than 5 percent of the outstanding Common Stock. Item 7. Identification and Classification of Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not Applicable

Identification and Classification of Members of the Group

Item 8. Identification and Classification of Members of the Group. Not Applicable

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group. Not Applicable CUSIP No. 29332G102 13G Page 9 of 11

Certification

Item 10. Certification Each of the Reporting Persons hereby makes the following certification: By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. Exhibits. Exhibit A Joint Filing Agreement by and between the Reporting Persons dated November 14, 2024. CUSIP No. 29332G102 13G Page 10 of 11 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. November 14, 2024 Date 8 Knots Management, LLC By: /s/ Scott Green Scott Green, Managing Member 8 Knots Fund, LP By: 8 Knots GP, LP, its general partner By: /s/ Scott Green Scott Green, President 8 Knots GP, LP By: /s/ Scott Green Scott Green, President Scott Green By: /s/ Scott Green Scott Green

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