UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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| Item 1.01 | Entry Into a Material Definitive Agreement. |
Registration Rights Agreement
As previously reported, on June 18, 2020, Enviva Partners, LP (the “Partnership”) entered into a Common Unit Purchase Agreement (the “Unit Purchase Agreement”) with certain investors (the “Investors”) to sell 6,153,846 common units representing limited partner interests in the Partnership (“Common Units”) in a private placement for gross proceeds of $200 million (the “Private Placement”). On June 23, 2020, in connection with closing the Private Placement, the Partnership and the Investors entered into a registration rights agreement (the “Registration Rights Agreement”). Pursuant to the Registration Rights Agreement, the Partnership is required to file a registration statement (the “Registration Statement”) no later than August 24, 2020 to register for public resale all 6,153,846 Common Units sold to the Investors under the Unit Purchase Agreement and use its commercially reasonable efforts to cause the Registration Statement to become effective on the filing date or as soon as practicable thereafter. The Registration Rights Agreement also provides certain Investors with customary piggyback rights.
The foregoing description is not complete and is subject to and qualified in its entirety by reference to the full text of the Registration Rights Agreement, which is filed as Exhibit 4.1 to this Current Report on Form 8-K and incorporated herein by reference.
| Item 9.01. | Financial Statements and Exhibits |
(d) Exhibits.
| EXHIBIT | DESCRIPTION | |
| 4.1* | Registration Rights Agreement, dated as of June 23, 2020, by and among the Partnership and the Investors named therein. | |
| 104 | The cover page from this Current Report on Form 8-K, formatted in Inline XBRL. |
| * | Schedules and similar attachments have been omitted pursuant to Item 601(b)(2) of Regulation S-K. The registrant will furnish a supplemental copy of any omitted schedule or similar attachment to the Securities and Exchange Commission upon request. |
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SIGNATURES
Pursuant to the requirements of the Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ENVIVA PARTNERS, LP | ||
| By: | Enviva Partners GP, LLC, as its sole general partner | |
| Date: June 23, 2020 | ||
| By: | /s/ Jason E. Paral | |
| Name: | Jason E. Paral | |
| Title: | Vice President, Associate General Counsel, Chief Compliance Officer and Secretary | |
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