Steinberg Amends Vitesse Energy Stake Filing

TL;DR

Steinberg updated his Vitesse Energy filing on 12/15/24. Watch this space.

AI Summary

Joseph S. Steinberg, filing an amendment (No. 1) to Schedule 13D on December 15, 2024, reports a change in beneficial ownership for Vitesse Energy, Inc. The filing indicates a shift in Steinberg's holdings, though specific new percentages or dollar amounts are not detailed in this excerpt. The filing is made under the Securities Exchange Act of 1934.

Why It Matters

This amendment signals a potential change in a significant shareholder's position in Vitesse Energy, Inc., which could influence market perception and stock activity.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D filings often indicate changes in significant shareholder positions, which can lead to increased stock volatility.

Key Players & Entities

• Joseph S. Steinberg (person) — Filing person and beneficial owner
• Vitesse Energy, Inc. (company) — Subject company
• December 15, 2024 (date) — Date of event requiring filing
• Leucadia National Corp (company) — Mailing address reference

FAQ

Key Financial Figures

• $0.01 — ame of Issuer) Common Stock, Par Value $0.01 Per Share (Title of class of securitie

Filing Documents

• ef20040297_sc13da.htm (SC 13D/A) — 52KB
• ef20040297_ex99-a.htm (EX-99.A) — 75KB
• 0001140361-24-049739.txt ( ) — 129KB

of the Schedule 13D is hereby amended and restated as follows

Item 1 of the Schedule 13D is hereby amended and restated as follows: The Schedule 13D provides information on the Reporting Person's beneficial ownership of Common Stock of the Company. The address of the Company's principal executive offices is 5619 DTC Parkway, Suite 700, Greenwood Village, Colorado 80111. Item 2. Identity and Background .

of the Schedule 13D is hereby amended and restated as follows

Item 2 of the Schedule 13D is hereby amended and restated as follows: (a) This Schedule 13D is filed by Joseph S. Steinberg. (b) The business address of the Reporting Person is c/o Vitesse Energy, Inc., 5619 DTC Parkway, Suite 700, Greenwood Village, Colorado 80111. (c) The Reporting Person's principal occupation is Chairman of the Board of Directors of Jefferies Financial Group Inc. (" Jefferies "). (d) During the last five years, the Reporting Person has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) During the last five years, the Reporting Person was not a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of any such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. (f) The Reporting Person is a citizen of the United States. Item 5. Interest in Securities of the Issuer .

of the Schedule 13D is hereby amended and restated as follows

Item 5 of the Schedule 13D is hereby amended and restated as follows: (a) and (b): The Reporting Person beneficially owned 2,661,497 shares of Common Stock as of December 17, 2024. At that date, the Reporting Person had sole voting and sole dispositive power over 2,648,908 shares, consisting of 500,884 shares held directly, 2,141,544 shares held by corporations wholly owned by the Reporting Person, family trusts or corporations wholly owned by family trusts, and 6,480 shares held in a charitable trust. Shares of Common Stock over which the Reporting Person may have been deemed to have shared voting and shared dispositive power were 12,589 shares held by the Reporting Person's spouse. Based on shares of Common Stock outstanding as of October 31, 2024, as disclosed in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2024, the Reporting Person beneficially owned 9.0% of the outstanding class of Common Stock. (c) The Reporting Person has not effected during the past sixty days any transactions in the Common Stock. (d) and (e): Not applicable. Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer .

of the Schedule 13D is hereby amended and restated as follows

Item 6 of the Schedule 13D is hereby amended and restated as follows: Arrangement Agreement On December 15, 2024, Vitesse and Lucero Energy Corp., a corporation organized and existing under the laws of the Province of Alberta, Canada (" Lucero "), entered into an Arrangement Agreement (the " Arrangement Agreement ") whereby Vitesse and Lucero intend to effect an arrangement (the " Arrangement ") pursuant to, among other provisions, section 193 of the Business Corporation Act (Alberta) (the " ABCA "), and a plan of arrangement (as amended from time to time in accordance with the Arrangement Agreement, the " Plan of Arrangement "). In accordance with the ABCA and the Plan of Arrangement, (i) Vitesse will acquire all of the issued and outstanding voting common shares (the " Lucero Shares ") of Lucero in exchange for the issuance of Vitesse Common Stock and (ii) each Lucero Share issued and outstanding immediately prior to the effective time (other than Lucero Shares with respect to which dissenters' rights have been validly exercised and not validly withdrawn) will be transferred by such shareholder to Vitesse in exchange for 0.01239 of a share of Vitesse Common Stock, as may be adjusted pursuant to the Plan of Arrangement (the " Vitesse Share Issuance "). In no event shall any holder of Lucero Shares be entitled to fractional shares of Vitesse Common Stock. The Arrangement Agreement contains customary representations and warranties from the parties, and each party has agreed to customary covenants, including, among others, covenants relating to (i) the conduct of business during the interim period between the execution of the Arrangement Agreement and the effective time of the Arrangement and (ii) the obligation to use reasonable commercial efforts to cause the Arrangement to be consummated. Completion of the Arrangement is subject to certain customary conditions, including, among others: (i) certain approvals by the holders of Lucero Shares, (ii) certain approv

of the Schedule 13D is hereby amended and restated as follows

Item 7 of the Schedule 13D is hereby amended and restated as follows: Exhibit A Voting and Support and Lock-Up Agreement SIGNATURE 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. Dated: December 17, 2024 /s/ Joseph S. Steinberg Joseph S. Steinberg

View Full Filing

View this SC 13D/A filing on SEC EDGAR