secwatch.observer — SEC 8-K summary
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Issuer:     Permianville Royalty Trust (PVL)
CIK:        0001520048
Form:       8-K
Filed at:   2023-09-20T23:59:59+00:00
Accession:  0001104659-23-102297
Event type: dividend
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Permianville Royalty Trust announces special distribution $0.06967/unit from property divestiture
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- Special cash distribution of $0.069670 per unit, payable Oct 13, record Oct 2.
- Net proceeds from Permian Basin divestiture total $6.37M; Trust's 80% share $5.1M.
- 50% of Trust's share distributed now; remaining 50% held for post-closing adjustments, to be distributed later.
- $250K indemnification escrow held up to 12 months; any residual to unitholders.
- Transaction approved at special unitholder meeting July 19, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1520048/000110465923102297/0001104659-23-102297-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1520048/000110465923102297/tm2326282d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-102297

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