IEP would like to correct the record regarding the prospectus supplement that was filed recently with the SEC. Several media outlets repeated the false claim that this filing indicated an intent for Chairman Carl Icahn to sell large amounts of IEP units. To the contrary, as Mr. Icahn stated publicly, he is “absolutely not selling” IEP units. Neither is there a plan for IEP to conduct a massive sale of units, as was also reported erroneously. The filing was merely a routine refreshment of the registration statement related to our at-the-market offering program. Since the date of that filing, IEP has sold under $3.5M worth of units under the ATM program. There are no plans to conduct any offerings outside of the ordinary course and consistent with our past practices.
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