Kimbell Royalty Partners, LP — Form 8-K

Kimbell Royalty Partners (KRP) closed an August 21, 2026 acquisition of mineral and royalty interests from affiliated sellers (Rivercrest Capital Partners LP, Rivercrest Capital Partners II LP, and Cupola Royalty Direct LLC) for $221.2M in cash ($74.9M, 34%) and 9.5M OpCo Common Units ($146.3M, 66%). Simultaneously, KRP executed a Registration Rights Agreement granting these sellers (and other existing holders under prior registration agreements) rights to register and resell Common Units issued upon exchange of their OpCo units, with unlimited demand registration rights subject to $100M minimum proceeds and 3 offerings per calendar year limits. The drop-down adds ~2,347 Boe/d across 3M acres in Eagle Ford, Permian, Mid-Con, and Appalachia.