secwatch / observer
8-K filed November 8, 2022, 6:59 PM ET ticker KRP CIK 0001657788
other material confidence high sentiment neutral materiality 0.65

Kimbell Royalty enters underwriting agreement for 6M unit offering at $17.75, net ~$100.7M

Kimbell Royalty Partners, LP

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Kimbell Royalty Partners, LP entered into Underwriting Agreement with Citigroup Global Markets Inc., as representative of the several underwriters named in Schedule I thereto valued at approximately $100.7 million (effective 2022-11-03).

Action
entry
Agreement
underwriting
Counterparty
Citigroup Global Markets Inc., as representative of the several underwriters named in Schedule I thereto
Value
approximately $100.7 million
Effective
2022-11-03
Exact text from the filing
On November 3, 2022, Kimbell Royalty Partners, LP (the “Partnership”) entered into an Underwriting Agreement (the “Underwriting Agreement”), by and among the Partnership, Kimbell Royalty GP, LLC (the “General Partner”), Kimbell Royalty Operating, LLC (the “Operating Company” and, together with the Partnership and the General Partner, the “Kimbell Parties”) and Citigroup Global Markets Inc., as representative of the several underwriters named in Schedule I thereto (the “Underwriters”), providing for the offer and sale by the Partnership (the “Offering”), and the purchase by the Underwriters, of 6,000,000 common units representing limited partner interests in the Partnership (“Common Units”) at a price to the public of $17.75 per Common Unit. Pursuant to the Underwriting Agreement, the Partnership granted the Underwriters an option for a period of 30 days to purchase up to an additional 900,000 Common Units on the same terms. The Offering is registered under the Securities Act of 1933, a
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Kimbell Royalty Partners, LP filing history →

Source: SEC EDGAR
accession 0001104659-22-115594
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