NRP Files 8-K for Unspecified 'Other Event' on Feb 7
Ticker: NRP · Form: 8-K · Filed: Feb 12, 2024 · CIK: 1171486
| Field | Detail |
|---|---|
| Company | Natural Resource Partners LP (NRP) |
| Form Type | 8-K |
| Filed Date | Feb 12, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $34.00, $96.29, $95.63, $15.9 million |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: other-events, regulatory-filing
TL;DR
**NRP filed a generic 8-K, no specific news disclosed.**
AI Summary
Natural Resource Partners LP (NRP) filed an 8-K on February 12, 2024, reporting an 'Other Event' that occurred on February 7, 2024. This filing is a routine disclosure, indicating no major financial or operational changes, but rather a general update on an unspecified event. For investors, this means there's no immediate cause for alarm or excitement based solely on this filing, as it lacks specific details about the event's nature or impact on the company's financials or future prospects.
Why It Matters
This filing is a standard procedural update, indicating that Natural Resource Partners LP is complying with SEC regulations, but it doesn't provide new material information for investors.
Risk Assessment
Risk Level: low — The filing itself is routine and does not disclose any specific event that would inherently increase or decrease risk.
Analyst Insight
Smart investors would note this routine filing but await further, more detailed disclosures from Natural Resource Partners LP before making any investment decisions, as this 8-K lacks specific actionable information.
Key Players & Entities
- NATURAL RESOURCE PARTNERS LP (company) — the registrant filing the 8-K
- New York Stock Exchange (company) — where NRP's common units are registered
- NRP (company) — trading symbol for Natural Resource Partners LP
FAQ
What was the specific 'Other Event' reported by Natural Resource Partners LP in this 8-K filing?
The filing does not specify the nature of the 'Other Event'; it only indicates that an event occurred on February 7, 2024, and is being reported under Item 8.01.
When was this 8-K filing submitted to the SEC?
The 8-K filing was filed as of February 12, 2024, according to the 'FILED AS OF DATE' in the header.
What is the trading symbol for Natural Resource Partners LP's common units?
The trading symbol for Natural Resource Partners LP's common units is 'NRP', and they are registered on the New York Stock Exchange.
What is the business address of Natural Resource Partners LP?
The business address of Natural Resource Partners LP is 1415 Louisiana St., Suite 3325, Houston, Texas 77002.
Under which item of Form 8-K was the 'Other Event' reported?
The 'Other Event' was reported under 'ITEM INFORMATION: Other Events', which corresponds to Item 8.01 of Form 8-K.
Filing Stats: 507 words · 2 min read · ~2 pages · Grade level 9.2 · Accepted 2024-02-12 16:24:33
Key Financial Figures
- $34.00 — 128,750 warrants with a strike price of $34.00. The 15-day VWAP ending on the business
- $96.29 — r to the February 7th exercise date was $96.29. On February 8, 2024 (the "February 8th
- $95.63 — r to the February 8th exercise date was $95.63. The Partnership settled these warrants
- $15.9 million — settled these warrants with a total of $15.9 million in cash. Following these transactions,
Filing Documents
- nrp20240208_8k.htm (8-K) — 27KB
- nrp20230206_8kimg001.jpg (GRAPHIC) — 3KB
- 0001437749-24-003760.txt ( ) — 164KB
- nrp-20240207.xsd (EX-101.SCH) — 3KB
- nrp-20240207_def.xml (EX-101.DEF) — 11KB
- nrp-20240207_lab.xml (EX-101.LAB) — 15KB
- nrp-20240207_pre.xml (EX-101.PRE) — 11KB
- nrp20240208_8k_htm.xml (XML) — 3KB
01. Other Events
Item 8.01. Other Events On February 7, 2024 (the "February 7th exercise date"), holders of Natural Resource Partners L.P.'s (the "Partnership's") warrants to purchase common units ("warrants") exercised 128,750 warrants with a strike price of $34.00. The 15-day VWAP ending on the business day prior to the February 7th exercise date was $96.29. On February 8, 2024 (the "February 8th exercise date"), holders of the Partnership's warrants exercised 128,750 warrants with a strike price of $34.00. The 15-day VWAP ending on the business day prior to the February 8th exercise date was $95.63. The Partnership settled these warrants with a total of $15.9 million in cash. Following these transactions, of the originally issued 4.0 million warrants, 0.8 million warrants with a strike 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 12, 2024 /s/ Philip T. Warman Philip T. Warman General Counsel 2