NRP Files 8-K for 'Other Event' on Jan 29, 2024
Ticker: NRP · Form: 8-K · Filed: Feb 2, 2024 · CIK: 1171486
| Field | Detail |
|---|---|
| Company | Natural Resource Partners LP (NRP) |
| Form Type | 8-K |
| Filed Date | Feb 2, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $34.00, $10 million, $97.62 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: regulatory-filing, other-events
TL;DR
**NRP filed a routine 8-K for an unspecified 'Other Event' on Jan 29, 2024, with no immediate financial impact.**
AI Summary
Natural Resource Partners LP (NRP) filed an 8-K on February 2, 2024, reporting an 'Other Event' that occurred on January 29, 2024. This filing is a routine disclosure to the SEC, indicating no specific financial transactions or major operational changes were detailed, but rather a general update on an unspecified event. For investors, this means there's no immediate news of acquisitions, divestitures, or significant financial results, suggesting a period of operational stability or a minor, non-material event.
Why It Matters
This filing indicates a general update without specific financial details, suggesting no immediate major impact on the company's valuation or operations for investors.
Risk Assessment
Risk Level: low — The filing is for an 'Other Event' without specific details, indicating no immediate or apparent financial risk.
Analyst Insight
Given the lack of specific details in this 'Other Event' 8-K, a smart investor would monitor future filings or company announcements for clarification, but no immediate action is warranted based solely on this general disclosure.
Key Players & Entities
- NATURAL RESOURCE PARTNERS LP (company) — the registrant filing the 8-K
- 001-31465 (dollar_amount) — Commission File Number
- January 29, 2024 (date) — Date of earliest event reported
- February 2, 2024 (date) — Date the 8-K was filed
- New York Stock Exchange (company) — exchange where NRP's common units are registered
FAQ
What was the specific 'Other Event' reported by Natural Resource Partners LP on January 29, 2024?
The 8-K filing for Natural Resource Partners LP on February 2, 2024, only states 'Other Events' under Item Information and 'Date of earliest event reported: January 29, 2024'. It does not provide specific details about the nature of this event within the provided text.
When was this 8-K filing submitted to the SEC?
The 8-K filing by Natural Resource Partners LP was filed as of February 2, 2024, according to the 'FILED AS OF DATE' and 'ACCESSION NUMBER' information.
What is the business address of Natural Resource Partners LP?
The business address for Natural Resource Partners LP is 1415 Louisiana St., Suite 3325, Houston, Texas 77002, as stated in the 'BUSINESS ADDRESS' section of the filing.
On which stock exchange are Natural Resource Partners LP's common units traded?
Natural Resource Partners LP's Common Units representing limited partner interests are registered on the New York Stock Exchange, as indicated under 'Name of each exchange on which registered'.
What is the ticker symbol for Natural Resource Partners LP?
The trading symbol for Natural Resource Partners LP's Common Units is NRP, as listed under 'Trading Symbol(s)' in the filing.
Filing Stats: 469 words · 2 min read · ~2 pages · Grade level 9.5 · Accepted 2024-02-02 16:42:36
Key Financial Figures
- $34.00 — 462,165 warrants with a strike price of $34.00. On January 31, 2024, the Partnership s
- $10 million — ettled the warrants on a net basis with $10 million in cash and 198,767 common units. The 1
- $97.62 — ness day prior to the exercise date was $97.62. Of the originally issued 4.0 million w
Filing Documents
- nrp20240129_8k.htm (8-K) — 27KB
- nrp20230206_8kimg001.jpg (GRAPHIC) — 3KB
- 0001437749-24-002969.txt ( ) — 163KB
- nrp-20240129.xsd (EX-101.SCH) — 3KB
- nrp-20240129_def.xml (EX-101.DEF) — 11KB
- nrp-20240129_lab.xml (EX-101.LAB) — 15KB
- nrp-20240129_pre.xml (EX-101.PRE) — 11KB
- nrp20240129_8k_htm.xml (XML) — 3KB
01. Other Events
Item 8.01. Other Events On January 29, 2024 (the "exercise date"), holders of Natural Resource Partners L.P.'s (the "Partnership's") warrants to purchase common units ("warrants") exercised 462,165 warrants with a strike price of $34.00. On January 31, 2024, the Partnership settled the warrants on a net basis with $10 million in cash and 198,767 common units. The 15-day VWAP ending on the business day prior to the exercise date was $97.62. Of the originally issued 4.0 million warrants, 1.08 million warrants with an exercise price of $34.00 remain outstanding.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits (d) Exhibits. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 1 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NATURAL RESOURCE PARTNERS L.P. (Registrant) By: NRP (GP) LP its General Partner By: GP Natural Resource Partners LLC its General Partner Date: February 2, 2024 /s/ Philip T. Warman Philip T. Warman General Counsel 2