Item 1. | Security and Issuer |
(a) | Title of Class of Securities:
Common Stock, par value $0.01 per share |
(b) | Name of Issuer:
TALOS ENERGY INC. |
(c) | Address of Issuer's Principal Executive Offices:
333 Clay Street, Suite 3300, Houston,
TEXAS
, 77002. |
Item 1 Comment:
This Amendment No. 3 amends and supplements the Schedule 13D originally filed by the Reporting Persons on June 3, 2024, amended on August 9, 2024 and on September 5, 2024 (the "Schedule 13D") with respect to the common stock, with par value of $0.01 per share (the "Common Shares"), of Talos Energy Inc., a corporation incorporated under the laws of Delaware (the "Issuer"). This Schedule 13D is being filed pursuant to Rule 13d-1(f) promulgated under the Securities Exchange Act of 1934 (the "Exchange Act"). Capitalized terms used in this Amendment and not otherwise defined shall have the same meanings ascribed to them in the Original Schedule 13D. |
Item 4. | Purpose of Transaction |
| This Amendment amends and supplements Item 4 of the Schedule 13D by inserting the following:
On December 16, 2024, the Issuer entered into a cooperation agreement (the "Cooperation Agreement") with Control Empresarial, pursuant to which Control Empresarial agreed that, during the term of the Cooperation Agreement, it would not (and it would ensure that any person or entity whose acquisition of voting securities of the Issuer would require the filing by Control Empresarial or its group of a Form 4 or a Schedule 13D, or an amendment thereto, does not) acquire, agree or seek to acquire or make any proposal or offer to acquire, or announce any intention to acquire, directly or indirectly, beneficially or otherwise, any voting securities of the Issuer (other than in connection with a stock split, stock dividend or similar corporate action initiated by the Issuer) if, immediately after such acquisition, Control Empresarial and the other members of its investor group, collectively, would, in the aggregate, beneficially own more than 25.00% of the outstanding shares of any class of voting securities of the Issuer. The Cooperation Agreement expires on December 16, 2025, but is subject to early termination upon the occurrence of certain events described in the Cooperation Agreement.
Except as set forth in this Item 4, the Reporting Person does not have any current plans or proposals which relate to or would result in any of the matters specified in clauses (a) through (j) of Item 4 of Schedule 13D of the Exchange Act. |
Item 5. | Interest in Securities of the Issuer |
(a) | Calculations of the percentage of the Common Shares beneficially owned are based on a total of approximately 179,961,333 Common Shares issued and outstanding as of November 5, 2024, as reported in the Issuer's Form 10-Q filed with the SEC on November 12, 2024. As of November 18, 2024, (i) Control Empresarial, directly or indirectly, owns 43,545,604 Common Shares (representing 24.2% of the outstanding Common Shares) and (ii) the Slim Family, which are beneficiaries of a Mexican trust that owns all of the issued and outstanding voting equity securities of Control Empresarial, may be deemed to beneficially own indirectly the Common Shares beneficially owned directly by Control Empresarial |
(b) | 43,545,604 Common Shares (representing 24.2% of the outstanding Common Shares) |
Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer |
| The information set forth under Item 4 of this Statement with respect to the Cooperation Agreement is incorporated herein by reference. |
Item 7. | Material to be Filed as Exhibits. |
| 1. Cooperation Agreement, dated December 16, 2024, between Talos Energy Inc. and Control Empresarial de Capitales, S.A. de C.V. (incorporated by reference to Exhibit 10.1 to Issuers Current Report on Form 8-K filed with the Commission on December 17, 2024).
2. Schedule 1 - Transactions in Common Shares effected by the Reporting Persons. |