Company: KW
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0000950170-25-058797
Chunk: 100

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 100
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 the “Requisite Stockholder Approval” (as defined in the Certificate of Designations for the Series C), such Series C holders will not have the right to vote to the extent, and only to the extent, that such right to vote would result in such holder, or a “person” or “group” (within the meaning of Section 13(d)(3) of the Exchange Act) that includes such Series C holder, having voting power in excess of nineteen and nine tenths percent (19.9%) of the then-outstanding shares of the Company’s common stock. As of December 31, 2023, the exercise price of the warrants was $23.00 per share for the Series B Stock and $16.21 per share for the Series C Stock, in each case subject to further adjustments in certain circumstances. The above description is based on information provided to us in connection with the issuances of the Series B Preferred Stock and warrants and the Series C Preferred Stock and warrants, in addition to a Schedule 13D/A filed with the SEC on December 8, 2023.

The address of the holder is 50 Hudson Yards, New York, New York 10001. The information contained herein is based solely upon a Schedule 13G/A filed with the SEC on January 22, 2024.

The address of the holder is 100 Vanguard Blvd., Malvern, PA 19355. The information contained herein is based solely upon a Schedule 13G/A filed with the SEC on February 13, 2024.

Consists of 12,000,000 shares of common stock issuable upon conversion of 300,000 shares of our outstanding 5.75% Series A Cumulative Perpetual Convertible Preferred Stock (the “Series A Preferred Stock”) registered and held by Dust Bowl Capital, LLC (“Dust Bowl”), without taking into effect any adjustments. Dust Bowl is indirectly controlled by Eldridge Industries. Mr. Todd L. Boehly is the indirect controlling member of Eldridge Industries, and, in such capacity, may be deemed to have voting and dispositive power with respect to the Series A Preferred Stock that is beneficially owned by Dust Bowl, and the shares of common stock issuable upon conversion of such Series A Preferred Stock. As of December 31, 2024, the conversion price of the Series A Preferred Stock was $25.00 per share, subject to further adjustments in certain circumstances. The above description is based on information provided to us in