Company: LEN
Filing Date: 2025-10-24
Form Type: SC TO-I/A
Source: 0001193125-25-250126
Chunk: 1

Company: LENNAR CORP /NEW/
Filing Date: 2025-10-24
Form: SC TO-I/A
Chunk 1
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 Maryland corporation (“Millrose”), par value $0.01 per share (“Millrose Class A Common Stock”), for
outstanding shares of Class A common stock of Lennar, par value $0.10 per share (“Lennar Class A Common Stock”), upon the terms and subject to the conditions set forth in the Prospectus, dated October 24, 2025 (the
“Prospectus”) that forms a part of the Registration Statement (as defined below), the Letter of Transmittal and the Instruction Booklet to the Letter of Transmittal, copies of which are attached hereto as Exhibits (a)(1)(i), (a)(1)(ii)
and (a)(1)(iii), respectively (which, together with any amendments or supplements thereto, collectively constitute the “Exchange Offer”). In connection with the Exchange Offer, Millrose has filed with the SEC under the Securities Act of
1933, as amended, a registration statement on Form S-4 (Registration No. 333-290810) (as amended through the date hereof, the “Registration Statement”) to register shares of Millrose Class A
Common Stock offered in exchange for shares of Lennar Class A Common Stock tendered in the Exchange Offer.

As permitted by General
Instruction F to Schedule TO, the information set forth in the Letter of Transmittal, the Instruction Booklet to the Letter of Transmittal and the Prospectus, copies of which are attached hereto as Exhibits (a)(1)(ii), (a)(1)(iii) and (a)(4)(xi),
respectively, is hereby expressly incorporated by reference in response to all the items of this Amendment, except as otherwise set forth below.

Item 1. Summary Term Sheet.

Summary Term Sheet. The information set forth in the sections of the Prospectus entitled “Questions and Answers About the Exchange
Offer” and “Summary” is incorporated herein by reference.

Item 2. Subject Company Information.

(a) Name and Address. The name of the issuer is Lennar Corporation. The principal executive offices of Lennar Corporation are located at 5505
Waterford District Drive, Miami, Florida 33126. Its telephone number at such office is (305) 559-4000.

(b) Securities. Shares of Lennar Class A Common Stock, par value $0.10 per share, are the subject securities in the Exchange Offer. As of
August 31, 2025, there