Delek Logistics Confirms Non-Emerging Growth Status in 8-K Filing
Ticker: DKL · Form: 8-K · Filed: Jan 25, 2024 · CIK: 1552797
Complexity: simple
Sentiment: neutral
Topics: regulatory-filing, corporate-governance, 8-K
TL;DR
**DKL confirms it's not an emerging growth company, meaning full SEC reporting rules apply.**
AI Summary
Delek Logistics Partners, LP (DKL) filed an 8-K on January 25, 2024, to disclose that it is not an emerging growth company, as defined by the Securities Act of 1933 or the Securities Exchange Act of 1934. This matters to investors because it confirms DKL is subject to the full range of public company reporting requirements, which can imply greater transparency and regulatory oversight compared to emerging growth companies that have certain exemptions.
Why It Matters
This filing clarifies Delek Logistics Partners, LP's regulatory status, indicating it must comply with all standard public company reporting obligations, which can be a positive for investors seeking comprehensive disclosures.
Risk Assessment
Risk Level: low — This filing is purely administrative and clarifies the company's regulatory status without indicating any operational or financial risks.
Analyst Insight
An investor should note that DKL's non-emerging growth status means it adheres to full SEC reporting standards, which generally provides more comprehensive financial and operational disclosures than companies with emerging growth exemptions. This information can be factored into due diligence for transparency and regulatory compliance.
Key Players & Entities
- Delek Logistics Partners, LP (company) — the registrant filing the 8-K
- DKL (company) — trading symbol for Delek Logistics Partners, LP
- January 24, 2024 (date) — date of earliest event reported
- January 25, 2024 (date) — filing date of the 8-K
- New York Stock Exchange (company) — exchange where DKL common units are registered
FAQ
What is the primary purpose of this 8-K filing by Delek Logistics Partners, LP?
The primary purpose of this 8-K filing is to disclose that Delek Logistics Partners, LP is not an 'emerging growth company' as defined under the Securities Act of 1933 or the Securities Exchange Act of 1934, as indicated by the unchecked box next to 'Emerging growth company'.
What is the trading symbol and the exchange where Delek Logistics Partners, LP's securities are registered?
Delek Logistics Partners, LP's trading symbol is DKL, and its Common Units Representing Limited Partner Interests are registered on the New York Stock Exchange.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 24, 2024.
What is the address of Delek Logistics Partners, LP's principal executive offices?
The address of Delek Logistics Partners, LP's principal executive offices is 310 Seven Springs Way, Suite 500, Brentwood, Tennessee 37027.
Does this 8-K filing indicate that Delek Logistics Partners, LP is simultaneously satisfying filing obligations under other provisions like Rule 425 or Rule 14a-12?
No, the filing indicates with unchecked boxes that it is not intended to simultaneously satisfy filing obligations under provisions such as Rule 425, Rule 14a-12, Rule 14d-2(b), or Rule 13e-4(c).
Filing Stats: 571 words · 2 min read · ~2 pages · Grade level 13.4 · Accepted 2024-01-24 18:35:35
Filing Documents
- dkl-20240124.htm (8-K) — 27KB
- ex991-dkldeclaresdistribut.htm (EX-99.1) — 9KB
- dkl-20240124_g1.jpg (GRAPHIC) — 77KB
- image_0a.jpg (GRAPHIC) — 60KB
- 0001552797-24-000006.txt ( ) — 456KB
- dkl-20240124.xsd (EX-101.SCH) — 2KB
- dkl-20240124_lab.xml (EX-101.LAB) — 25KB
- dkl-20240124_pre.xml (EX-101.PRE) — 13KB
- dkl-20240124_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure On January 24, 2024, Delek Logistics Partners, LP (the "Partnership") issued a press release announcing the declaration of its quarterly distribution for the fourth quarter of 2023. A copy of the Partnership's press release is attached hereto as Exhibit 99.1 and incorporated herein by reference. The information in this Item 7.01 is being furnished, not filed, pursuant to Regulation FD. Accordingly, the information in Item 7.01 of this report will not be incorporated by reference into any registration statement filed by the Partnership under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference. The furnishing of the information in this report is not intended to, and does not, constitute a determination or admission by the Partnership that the information in this report is material or complete, or that investors should consider this information before making an investment decision with respect to any security of the Partnership or any of its affiliates.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. 99.1 Press Release of Delek Logistics Partners, LP issued on January 24, 2024. 104 Cover Page Interactive Data File - the cover page XBRL tags are 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. Dated: January 24, 2024 DELEK LOGISTICS PARTNERS, LP By: Delek Logistics GP, LLC its general partner /s/ Reuven Spiegel Name: Reuven Spiegel Title: Executive Vice President and Chief Financial Officer (Principal Financial Officer)