secwatch.observer — SEC 8-K summary
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Issuer:     PermRock Royalty Trust (PRT)
CIK:        0001724009
Form:       8-K
Filed at:   2025-01-13T23:59:59+00:00
Accession:  0000950170-25-004779
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud

PermRock Royalty Trust announces Boaz Energy's sale of underlying properties and units to T2S Permian Acquisition II LLC
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- Boaz Energy II, LLC entered a Purchase and Sale Agreement on January 10, 2025, to sell its interests in the Underlying Properties and 4,884,861 Trust units to T2S Permian Acquisition II LLC.
- The Underlying Properties will remain burdened by the Trust's net profits interest after the sale.
- Closing is anticipated in March 2025, subject to customary conditions; after closing, Buyer will become operator.
- Argent Trust Company will continue administration of the Trust in the ordinary course.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1724009/000095017025004779/0000950170-25-004779-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1724009/000095017025004779/2025-01_permrock_propert.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-004779

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