secwatch.observer — SEC 8-K summary
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Issuer:     Kimbell Royalty Partners, LP (KRP)
CIK:        0001657788
Form:       8-K
Filed at:   2023-08-04T23:59:59+00:00
Accession:  0001104659-23-087826
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1657788/000110465923087826/0001104659-23-087826-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1657788/000110465923087826/tm2322096d4_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-087826

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