secwatch.observer — SEC 8-K summary
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Issuer:     NATURAL RESOURCE PARTNERS LP (NRP)
CIK:        0001171486
Form:       8-K
Filed at:   2023-05-08T23:59:59+00:00
Accession:  0001437749-23-013030
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NRP redeems 35,834 Class A Preferred Units for $35.8M cash
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- Board elected to redeem 35,834 Class A Preferred Units after holder notice exercising conversion/redemption rights.
- Redemption price of $35,834,000 equals liquidation value plus accrued and unpaid distributions.
- Funded with cash on hand and borrowings under revolving credit facility; units retired on May 5, 2023.
- After redemption, 166,667 Class A Preferred Units remain outstanding from original 250,000 issuance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1171486/000143774923013030/0001437749-23-013030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1171486/000143774923013030/nrp20230504_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-013030

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