Texas Pacific Land Corp Files 8-K
Ticker: TPL · Form: 8-K · Filed: Mar 7, 2024 · CIK: 1811074
| Field | Detail |
|---|---|
| Company | Texas Pacific Land Corp (TPL) |
| Form Type | 8-K |
| Filed Date | Mar 7, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, filing, disclosure
Related Tickers: TPL
TL;DR
TPL filed an 8-K, likely updating bylaws and financials. Nothing major revealed yet.
AI Summary
Texas Pacific Land Corporation filed an 8-K on March 7, 2024, reporting events as of March 1, 2024. The filing includes information on amendments to articles of incorporation or bylaws, Regulation FD disclosures, and financial statements and exhibits. No specific financial figures or material events were detailed in the provided text.
Why It Matters
This filing indicates Texas Pacific Land Corp is updating its corporate governance documents and providing required financial disclosures to the SEC.
Risk Assessment
Risk Level: low — The filing is a routine disclosure and does not appear to contain any immediate negative news or significant changes.
Key Players & Entities
- Texas Pacific Land Corporation (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- Dallas, Texas (location) — Principal Executive Offices
FAQ
What specific amendments were made to the Articles of Incorporation or Bylaws?
The provided text does not specify the exact amendments made to the Articles of Incorporation or Bylaws.
What is the nature of the Regulation FD Disclosure?
The filing indicates a Regulation FD Disclosure was made, but the specific content of this disclosure is not detailed in the provided text.
What financial statements and exhibits are included in this filing?
The filing states that Financial Statements and Exhibits are included, but their specific content is not detailed in the provided text.
What was the date of the earliest event reported in this 8-K?
The earliest event reported in this 8-K was on March 1, 2024.
What is the principal business address of Texas Pacific Land Corporation?
The principal business address is 1700 Pacific Avenue, Suite 2900, Dallas, Texas 75201.
Filing Stats: 707 words · 3 min read · ~2 pages · Grade level 11.4 · Accepted 2024-03-07 17:26:34
Key Financial Figures
- $0.01 — 00 shares of preferred stock, par value $0.01 per share, and 46,536,936 shares of com
Filing Documents
- tm248254d1_8k.htm (8-K) — 27KB
- tm248254d1_ex3-1.htm (EX-3.1) — 8KB
- tm248254d1_ex99-1.htm (EX-99.1) — 3KB
- image_001.jpg (GRAPHIC) — 2KB
- 0001104659-24-031960.txt ( ) — 216KB
- tpl-20240301.xsd (EX-101.SCH) — 3KB
- tpl-20240301_lab.xml (EX-101.LAB) — 33KB
- tpl-20240301_pre.xml (EX-101.PRE) — 22KB
- tm248254d1_8k_htm.xml (XML) — 4KB
03 Amendments to Articles of Incorporation or Bylaws; Change
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On March 1, 2024, Texas Pacific Land Corporation (the "Company") filed a Certificate of Amendment to the Second Amended and Restated Certificate of Incorporation of the Company (the "Amendment") with the Secretary of State of the State of Delaware. Pursuant to the Amendment, Section 4.1(A) of Article IV of the Second Amended and Restated Certificate of Incorporation of the Company was amended and restated to provide that the total number of shares of capital stock of the Company be increased to 47,536,936 shares of capital stock, consisting of 1,000,000 shares of preferred stock, par value $0.01 per share, and 46,536,936 shares of common stock, par value $0.01 per share ("common stock").
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On March 7, 2024, the Company announced a three-for-one split of common stock (the "Stock Split"). Each holder of common stock of record at the close of business on March 18, 2024, will receive two additional shares of common stock for each share of common stock held on that date. The additional shares resulting from the Stock Split will be distributed on March 26, 2024. The Company expects that trading of its common stock will begin on a stock-split adjusted basis on March 27, 2024. A copy of the press release announcing the Stock Split is attached hereto as Exhibit 99.1. The information contained in this Current Report on Form 8-K under Item 7.01, including Exhibit 99.1 hereto, has been "furnished" and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to liability under that section. The information in this Current Report under Item 7.01 shall not be incorporated by reference into any filing or other document pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing or document.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 3.1 Certificate of Amendment to the Second Amended and Restated Certificate of Incorporation 99.1 Press release dated March 7, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES 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. Texas Pacific Land Corporation Date: March 7, 2024 By: /s/ Micheal W. Dobbs Micheal W. Dobbs SVP, General Counsel and Secretary