secwatch.observer — SEC 8-K summary
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Issuer:     NATURAL RESOURCE PARTNERS LP (NRP)
CIK:        0001171486
Form:       8-K
Filed at:   2023-02-07T23:59:59+00:00
Accession:  0001437749-23-002682
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Natural Resource Partners LP redeems 47,499 Class A Preferred Units for ~$47.5M cash
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- Received notice from holders to convert/redeem 47,499 Class A Preferred Units; Board elected redemption.
- Redemption price equals Liquidation Value of $47,499,000 plus accrued and unpaid distributions.
- After redemption, 202,501 Class A Preferred Units remain outstanding (from 250,000 originally issued).
- Redemption expected on or about Feb 8, 2023, funded by cash on hand and revolving credit facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1171486/000143774923002682/0001437749-23-002682-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1171486/000143774923002682/nrp20230206_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-002682

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer