Company: LEN
Filing Date: 2025-11-20
Form Type: SC TO-I/A
Source: 0001193125-25-289929
Chunk: 1

Company: LENNAR CORP /NEW/
Filing Date: 2025-11-20
Form: SC TO-I/A
Chunk 1
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ennar with the SEC on November 3, 2025, Amendment No. 3 thereto filed by Lennar with the SEC on November 5, 2025, Amendment No. 4 thereto
filed by Lennar with the SEC on November 10, 2025 and Amendment No. 5 thereto filed by Lennar with the SEC on November 17, 2025 (the “Schedule TO”). This Amendment relates to the offer by Lennar to exchange up to an aggregate of
33,298,764 shares of Class A common stock of Millrose Properties, Inc., a 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 November 19, 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)(4)(xxxiii), (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 (the “Exchange Offer Documents”), copies of which are
attached hereto as Exhibits (a)(1)(ii), (a)(1)(iii) and (a)(4)(xxxiii), respectively, is hereby expressly incorporated by reference in response to all the items of this Amendment, except as otherwise set forth below. Except as specifically provided
herein, this Amendment does not modify any of the information