0001657788 false 0001657788 2022-12-15 2022-12-15 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K/A

(Amendment No. 1) 

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

Date of Report (date of earliest event reported): December 15, 2022

 

 

Kimbell Royalty Partners, LP

(Exact name of registrant as specified in its charter)

 

 

Delaware   1-38005   47-5505475

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

777 Taylor Street, Suite 810

Fort Worth, Texas

  76102
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code:(817) 945-9700

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2):

 

  ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to 12(b) of the Act:

 

Title of each class: Trading symbol(s): Name of each exchange on which
registered:
Common Units Representing Limited Partnership Interests KRP New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

 

Introductory Note

 

As reported in a Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission by Kimbell Royalty Partners, LP, a Delaware limited partnership (“Kimbell”), on December 15, 2022 (the “Original Form 8-K”), on December 15, 2022, Kimbell and Kimbell Royalty Operating, LLC, a Delaware limited liability company (together with Kimbell, the “Buyer Parties”), completed the previously announced acquisition (the “Acquisition”) of mineral and royalty interests pursuant to a purchase and sale agreement, dated November 3, 2022, by and among the Buyer Parties and Hatch Royalty LLC, a Delaware limited liability company (“Hatch”).

 

This amendment is filed to provide the historical financial statements of Hatch Resources LLC, the consolidating parent company of Hatch, and the pro forma financial information of Kimbell giving effect to the Acquisition, as required by Item 9.01 of Form 8-K. Except as set forth below, the Original Form 8-K is unchanged.

 

Item 9.01. Financial Statements and Exhibits.

 

(a) Financial Statements of Business Acquired.

 

The audited historical financial statements of Hatch Resources LLC, as of and for the year ended December 31, 2021, and the unaudited interim financial statements of Hatch Resources LLC, as of and for the nine months ended September 30, 2022, together with the related notes to such financial statements, are filed as Exhibits 99.1 and 99.2 hereto, respectively, and incorporated by reference herein.

 

(b) Pro Forma Financial Information.

 

The following unaudited pro forma financial information of Kimbell giving effect to the Acquisition is filed as Exhibit 99.3 hereto and incorporated by reference herein:

 

·unaudited pro forma condensed combined statement of operations for the nine months ended September 30, 2022; and
·unaudited pro forma condensed combined statement of operations for the year ended December 31, 2021.

 

(d) Exhibits.

 

Number   Description
23.1   Consent of Weaver and Tidwell, L.L.P., independent auditor to Hatch Resources LLC
99.1   Audited historical financial statements of Hatch Resources LLC, as of and for the year ended December 31, 2021
99.2   Unaudited interim financial statements of Hatch Resources LLC, as of and for the nine months ended September 30, 2022
99.3   Unaudited pro forma condensed combined financial statements of Kimbell Royalty Partners, LP
104   Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document).

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  KIMBELL ROYALTY PARTNERS, LP
   
  By: Kimbell Royalty GP, LLC,
    its general partner
     
  By: /s/ Matthew S. Daly
    Matthew S. Daly
    Chief Operating Officer

 

Date: March 2, 2023