Odd Lot Index

LENNAR CORP /NEW/ LEN

Terms unclear

Unclear — read the filing yourself
No closing date could be read from these filings. Nothing has been filed for this offer in over six months, so it is treated as closed — a tender offer cannot run that long. Check the filings below if you think otherwise.
amendment with no indexed original - the original may predate the collection window or may not mention odd lots
StatusClosed (assumed)
Closing datecould not be read; last filing 2025-11-26
How it is priced—
Odd-lot thresholdFewer than 100 shares
Must tender everything you holdYes
Must tick the odd-lot box on the formNot stated

How it finished

Everyone else8.60423%
Expired2025-11-21
Proration factor8.6%

Where each of these comes from

Every line above was read out of the filing. Here is the wording it was read from, so you can check it.

must_tender_all = True...ennar Class A Common Stock that were validly tendered and not validly withdrawn, on a pro rata basis in proportion to the number of shares tendered. Stockholders who owned fewer than 100 shares of Lennar Class A Common Stock, or an “odd-lot,” who have validly tendered all of their shares, were not subject to proration, in accordance with the terms of the Exchange Offer. All shares validly tendered by eligible “odd-lot” shareholders were accepted. The final proration factor of 8.604228% was applied to all other validly tendered and not validly withdrawn shares of Lennar Class A Common Stock to determine the number of such...
threshold = 100...on stock. Because the Exchange Offer was oversubscribed, Lennar accepted only a portion of the shares of Lennar Class A Common Stock that were validly tendered and not validly withdrawn, on a pro rata basis in proportion to the number of shares tendered. Stockholders who owned fewer than 100 shares of Lennar Class A Common Stock, or an “odd-lot,” who have validly tendered all of their shares, were not subject to proration, in accordance with the terms of the Exchange Offer. All shares validly tendered by eligible “odd-lot” shareholders were accepted. The final proration factor of 8.604228% was applied to all other validly tendered...
txn_type = TENDER_OFFERSC TO-I/A 1 d876414dsctoia.htm SC TO-I/A SC TO-I/A SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE TO (Amendment No. 8) TENDER OFFER STATEMENT UNDER SECTION 14(D)(1) OR 13(E)(1) OF THE SECURITIES EXCHANGE ACT OF 1934 Lennar Corporation (Name of Subject Company (Issuer) and Filing Person (Offeror)) Class A Common Stock, par value $0.10 per share (Title of Class of Securities) 526057104 (CUSIP Number of Class of Securities) Katherine Lee Martin Lennar Corporation 5505 W...
expired_on = 2025-11-21...O, which incorporates by reference the information included in the Exchange Offer Documents, is hereby amended and supplemented by adding the following thereto: (a) Material Terms. The Exchange Offer expired at 12:00 midnight, New York City time, on November 21, 2025. Lennar accepted for exchange 8,049,594 shares of Lennar Class A Common Stock in exchange for 33,298,754 shares of Millrose Class A common stock. Because the Exchange Offer was oversubscribed, Lennar accepted only a portion of the shares of Lennar Class A Common Stock that were...
proration_pct = 8.604228...idly tendered all of their shares, were not subject to proration, in accordance with the terms of the Exchange Offer. All shares validly tendered by eligible “odd-lot” shareholders were accepted. The final proration factor of 8.604228% was applied to all other validly tendered and not validly withdrawn shares of Lennar Class A Common Stock to determine the number of such shares that were accepted and exchanged for Millrose Class A Common Stock. Based on the final count by the exchange agent, Computershare Trus...

The filings

FiledFormRoleOn EDGAR
2025-11-26SC TO-I/Aamendment (governing)View