{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-058156","form_type":"8-K","ticker":"KNTK","cik":"0001692787","company_name":"Kinetik Holdings Inc.","filed_at":"2022-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:04:07.838975+00:00","generated_at":"2026-06-27T03:43:08.674667+00:00","sec_items":["1.01","1.02","2.01","2.02","2.03","3.02","3.03","5.03","4.01","5.01","5.02","5.05","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"medium","headline":"Kinetik Holdings closes BCP acquisition, issues 2022 financial guidance","bullets":["Completed acquisition of BCP for 50M Common Units and 50M Class C shares; Contributor now owns 75% of outstanding Common Stock, Apache Midstream 20%, others 5%.","Entered new Stockholders, Registration Rights, and Partnership agreements; Apache, ISQ, BX Aggregator get board seats based on ownership thresholds.","Redeemed 100,000 Series A Preferred Units for ~$120M and paid $2.6M consent fee.","Issued press release with 2022 financial guidance (details not included in 8-K text).","Assumed BCP's existing debt: $1.25B term loan, $125M revolver, $690M term loan, $60M revolver."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-058156","json":"https://secwatch.observer/filing/0001193125-22-058156.json","markdown":"https://secwatch.observer/filing/0001193125-22-058156.md","text":"https://secwatch.observer/filing/0001193125-22-058156.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1692787/000119312522058156/0001193125-22-058156-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1692787/000119312522058156/d242119d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T03:43:08.674667+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"140900b4e9","claim":"David I. 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Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}