Kimbell Royalty Partners Files For Stock Shelf; Size Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Kimbell Royalty Partners has filed for a stock shelf, according to an SEC filing. The size of the offering has not been disclosed.
August 04, 2023 | 12:27 pm
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Kimbell Royalty Partners has filed for a stock shelf, which could potentially dilute existing shares. The size of the offering has not been disclosed.
A stock shelf filing allows a company to sell shares in the future at market prices. This can lead to dilution of existing shares, potentially leading to a decrease in share price. The impact on KRP's share price will depend on the size of the offering, which has not been disclosed.
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