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    SEC Form SC 13D/A filed by Centrus Energy Corp. (Amendment)

    4/18/24 1:36:18 PM ET
    $LEU
    Mining & Quarrying of Nonmetallic Minerals (No Fuels)
    Industrials
    Get the next $LEU alert in real time by email
    SC 13D/A 1 c108839_sc13da.htm

    SECURITIES AND EXCHANGE COMMISSION
    WASHINGTON, D.C. 20549

     

    SCHEDULE 13D
    (Rule 13d-101)

     

    INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
    TO §240.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
    § 240.13d-2(a)

     

    (Amendment No. 10)

     

    CENTRUS ENERGY CORP.

    (Name of Issuer)

     

    CLASS A COMMON STOCK, $0.10 PAR VALUE

    (Title of Class of Securities)

     

    15643U104

    (CUSIP Number)

     

    Morris Bawabeh
    15 Ocean Avenue
    Brooklyn, NY 11225
    Telephone: (718) 703-8441

     

    With a copy to:
    Len Breslow, Esq.
    Breslow & Walker, LLP
    100 Jericho Quadrangle, Suite 230
    Jericho, NY 11753
    Telephone: (516) 822-6505

     

    (Name, Address and Telephone Number of Person Authorized
    to Receive Notices and Communications)

     

                                   March 25, 2024                              

    Date of Event Which Requires Filing of this Statement

     

    If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box o

     

    Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 for other parties to whom copies are to be sent.

     

    (Continued on following pages)

     

    Page 1 of 7

     
    CUSIP No. 15643U104 13D  
    1

    NAMES OF REPORTING PERSONS

     

    Morris Bawabeh

     

     
    2

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (see instructions)

     

     

     

    (a) o

     

    (b) o

     

    3 SEC USE ONLY  
    4 SOURCE OF FUNDS* (see instructions) PF
    5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
    PURSUANT TO ITEM 2(d) OR 2(e)  
    o
    6 CITIZENSHIP OR PLACE OF ORGANIZATION United States
    Number of
    Shares
    Beneficially
    Owned By
    Each
    Reporting
    Person
    With
    7 SOLE VOTING POWER  
    8 SHARED VOTING POWER
    1,156,455 shares1 (see Item 5 infra)
     
    9 SOLE DISPOSITIVE POWER  
    10 SHARED DISPOSITIVE POWER
    1,156,455  shares1 (see Item 5 infra)
     
    11

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    1,156,455 shares1 (see Item 5 infra)

     
    12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
    CERTAIN SHARES (see instructions)
    o
    13

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

    7.7%1 (see Item 5 infra)

     
    14

    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

     

    IN

     

     
             

     

    1 The reporting person disclaims beneficial ownership of these securities except to the extent of his equity interest therein.

     

    Page 2 of 7

     
    CUSIP No. 15643U104 13D  

    1

     

    NAMES OF REPORTING PERSONS

     

    Kulayba LLC

     

    2

     

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (see instructions)

     

     

     

    (a) o

     

    (b) o

     

    3

     

    SEC USE ONLY

     

    4

    SOURCE OF FUNDS* (see instructions)

     

     

    WC

     

    5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
    PURSUANT TO ITEM 2(d) OR 2(e)  

    o

     

    6

    CITIZENSHIP OR PLACE OF ORGANIZATION

     

    New York

    Number of
    Shares
    Beneficially
    Owned By
    Each
    Reporting
    Person
    With

    7

    SOLE VOTING POWER
    1,155,455 shares (see Item 5 infra)

    8

     

    SHARED VOTING POWER

     

    9

    SOLE DISPOSITIVE POWER
    1,155,455 shares (see Item 5 infra)

    10

     

    SHARED DISPOSITIVE POWER

     

    11

     

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

    1,155,455 shares (see Item 5 infra)

    12

     

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
    CERTAIN SHARES (see instructions)

     

    o

    13

     

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

     

    7.7% (see Item 5 infra)

     

    14

     

    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

    OO

     

     
             

    Page 3 of 7

     
    CUSIP No. 15643U104 13D  

    1

     

    NAMES OF REPORTING PERSONS
    I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

     

    M&D Bawabeh Foundation, Inc.

     

    2

     

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (see instructions)

     

     

     

    (a) o

     

    (b) o

     

    3

     

    SEC USE ONLY

     

    4 SOURCE OF FUNDS* (see instructions) WC
    5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
    PURSUANT TO ITEM 2(d) OR 2(e)  

    o

     

    6

    CITIZENSHIP OR PLACE OF ORGANIZATION

     

    New York

    Number of
    Shares
    Beneficially
    Owned By
    Each
    Reporting
    Person
    With

    7

    SOLE VOTING POWER
    1,000 shares (see Item 5 infra)

    8

     

    SHARED VOTING POWER

     

    9

    SOLE DISPOSITIVE POWER
    1,000 shares (see Item 5 infra)

    10

     

    SHARED DISPOSITIVE POWER

     

    11

     

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    1,000 shares (see Item 5 infra)

    12

     

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
    CERTAIN SHARES (see instructions)

     

    o

    13

     

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

    0.0% (see Item 5 infra)

    14

     

    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

     

    CO

     

     
             

    Page 4 of 7

     

    Explanatory Note:

     

    This Amendment No. 10 (this “Amendment”) to the Statement of Beneficial Ownership on Schedule 13D amends the Schedule 13D filed on March 30, 2016 (as subsequently amended) (the “Schedule 13D”) by the reporting persons with the Securities and Exchange Commission with respect to shares of Class A common stock (the “Common Stock”) of Centrus Energy Corp (the “Issuer”). Capitalized terms used but not defined in this Amendment have the meaning set forth in the Schedule 13D. This Amendment is being filed to amend and supplement the Schedule 13D as set forth herein. Disclosure items set forth in the Schedule 13D shall remain in effect, except to the extent expressly amended or superseded by this Amendment.

     

    Item 3. Source and Amount of Funds or Other Consideration.

     

    Item 3 of the Schedule 13D is hereby amended to add the following disclosure:

     

    The M&D Bawabeh Foundation used its working capital funds to make its open market purchases of the shares of Common Stock following the filing of Amendment No. 9 to the Schedule D. The aggregate amount of the funds used in making such purchases was approximately $3,075,000.

     

    Item 5. Interests in Securities of the Issuer.

     

    Item 5(c) of the Schedule 13D is hereby amended to add the following disclosures:

     

    (c) Transactions within the past 60 days: On March 21, 2024, Kulayba LLC contributed 40,000 shares of Common Stock to the M&D Bawabeh Foundation, Inc. The following additional transactions with respect to the shares of Common Stock took place since January 26, 2024:

     

    Reporting Person Date of
    Transaction
    Number of Shares
    Sold(S)/Bought(B)
    Price Per
    Share
    Where/How
    Effected
    Kulayba LLC 2/12/24 30,000(S) $47.50 Open Market
    M&D Bawabeh Foundation, Inc. 2/22/24 22,000(B) $41.4717 Open Market
    M&D Bawabeh Foundation, Inc. 2/23/24 3,000(B) $41.8900 Open Market
    M&D Bawabeh Foundation, Inc. 3/1/24 2,500(S) $42.7939 Open Market
    M&D Bawabeh Foundation, Inc. 3/1/24 2,500(S) $42.7500 Open Market
    M&D Bawabeh Foundation, Inc. 3/4/24 5,000(S) $43.0082 Open Market
    M&D Bawabeh Foundation, Inc. 3/4/24 5,000(S) $43.1896 Open Market
    M&D Bawabeh Foundation, Inc. 3/4/24 5,000(B) $41.1997 Open Market
    M&D Bawabeh Foundation, Inc. 3/5/24 5,000(B) $40.2402 Open Market
    M&D Bawabeh Foundation, Inc. 3/5/24 5,000(B) $40.3465 Open Market
    M&D Bawabeh Foundation, Inc. 3/5/24 5,000(B) $40.0997 Open Market
    M&D Bawabeh Foundation, Inc. 3/6/24 5,000(S) $41.5000 Open Market
    M&D Bawabeh Foundation, Inc. 3/7/24 12,500(S) $41.5000 Open Market
    M&D Bawabeh Foundation, Inc. 3/7/24 5,000(S) $41.7619 Open Market
    M&D Bawabeh Foundation, Inc. 3/7/24 5,000(S) $41.7851 Open Market
    M&D Bawabeh Foundation, Inc. 3/7/24 2,500(S) $41.5050 Open Market
    M&D Bawabeh Foundation, Inc. 3/13/24 25,000(B) $38.5195 Open Market
    M&D Bawabeh Foundation, Inc. 3/20/24 10,000(S) $39.5006 Open Market
    M&D Bawabeh Foundation, Inc. 3/20/24 2,500(S) $39.3688 Open Market
    M&D Bawabeh Foundation, Inc. 3/25/24 10,000(S) $40.8000 Open Market
    M&D Bawabeh Foundation, Inc. 3/25/24 2,500(S) $40.5004 Open Market
    M&D Bawabeh Foundation, Inc. 3/25/24 5,000(S) $40.5000 Open Market
    M&D Bawabeh Foundation, Inc. 3/25/24 2,500(S) $40.8123 Open Market
    M&D Bawabeh Foundation, Inc. 3/25/24 535(S) $40.8219 Open Market
    M&D Bawabeh Foundation, Inc. 3/25/24 1,965(S) $40.7561 Open Market
    M&D Bawabeh Foundation, Inc. 3/25/24 2,500(S) $41.0000 Open Market
    M&D Bawabeh Foundation, Inc. 3/25/24 2,500(S) $41.1330 Open Market
    M&D Bawabeh Foundation, Inc. 3/25/24 2,500(S) $41.2657 Open Market
    M&D Bawabeh Foundation, Inc. 3/25/24 2,500(S) $41.2201 Open Market

     

    Page 5 of 7

     
    M&D Bawabeh Foundation, Inc. 3/25/24 5,000(S) $41.2005 Open Market
    M&D Bawabeh Foundation, Inc. 3/25/24 5,000(S) $41.2101 Open Market
    M&D Bawabeh Foundation, Inc. 3/25/24 5,000(S) $41.2159 Open Market
    M&D Bawabeh Foundation, Inc. 3/25/24 448(S) $41.0000 Open Market
    M&D Bawabeh Foundation, Inc. 3/26/24 4,552(S) $40.6444 Open Market

     

    The percentages of beneficial ownership shown in this Amendment are based on 14,956,434 shares of Common Stock issued and outstanding as reported on the Issuer’s Form 10-K for the year ended December 31, 2023, filed on February 9, 2024.

     

    Page 6 of 7

     

    SIGNATURE

     

    After reasonable inquiry and to the best of their knowledge and belief, each of the undersigned hereby certifies that the information set forth in this statement is true, complete and correct.

     

    Dated: April 18, 2024

     

      /s/ Morris Bawabeh
      Morris Bawabeh

     

      Kulayba LLC
         
      By:  /s/ Morris Bawabeh
        Morris Bawabeh, Sole Member

     

      M&D Bawabeh Foundation, Inc.
         
      By:  /s/ Morris Bawabeh
        Morris Bawabeh, President

     

    Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001).

     

    Page 7 of 7

     
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