TXO Partners LP Files For Mixed Shelf Of Up To $250M; Says In Addition. Offering Of Up To 11.5M Common Units By The Selling Unitholders
Portfolio Pulse from Benzinga Newsdesk
TXO Partners LP has filed for a mixed shelf offering of up to $250 million, according to an SEC filing. Additionally, there is an offering of up to 11.5 million common units by the selling unitholders.
March 05, 2024 | 9:53 pm
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TXO Partners LP has filed for a mixed shelf offering of up to $250 million and an offering of up to 11.5 million common units by the selling unitholders.
The filing for a mixed shelf offering and the sale of common units by TXO Partners LP could introduce new capital and potentially dilute current ownership, but the impact on the stock price is uncertain without knowing investor reception and the timing of these actions.
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