---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-087826"
form_type: "8-K"
ticker: "KRP"
cik: "0001657788"
company_name: "Kimbell Royalty Partners, LP"
filed_at: "2023-08-04T23:59:59+00:00"
generated_at: "2026-06-12T06:03:34.120987+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Kimbell Royalty Partners prices public offering of 7.25M common units at $14.00/unit

## Summary
- Offering of 7,250,000 common units at $14.00/unit; net proceeds to Kimbell of approximately $95.9M.
- Net proceeds will be used to repay outstanding borrowings under the partnership's revolving credit facility.
- Underwriters granted 30-day option to purchase up to an additional 1,087,500 common units on same terms.
- Affiliates of several underwriters are lenders under the credit facility; Offering complies with FINRA Rule 5121.
- Closing expected August 7, 2023, subject to customary conditions.

## SEC filing metadata
- accession: 0001104659-23-087826
- form_type: 8-K
- ticker: KRP
- cik: 0001657788
- company_name: Kimbell Royalty Partners, LP
- filed_at: 2023-08-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1657788/000110465923087826/0001104659-23-087826-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1657788/000110465923087826/tm2322096d4_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-087826
- JSON: https://secwatch.observer/filing/0001104659-23-087826.json
- Plain text: https://secwatch.observer/filing/0001104659-23-087826.txt

## Key facts
- Material Agreements
  Kimbell Royalty Partners, LP entered into Underwriting Agreement with Citigroup Global Markets Inc., as representative of the several underwriters named in Schedule I valued at $14.00 per Common Unit (effective 2023-08-02).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Citigroup Global Markets Inc., as representative of the several underwriters named in Schedule I
  - Value: $14.00 per Common Unit
  - Effective: 2023-08-02
  source text: On August 2, 2023, 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 7,250,000 common units representing limited partner interests in the Partnership (“Common Units”) at a price to the public of $14.00 per Common Unit.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657788/000110465923087826/0001104659-23-087826-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.