Amendment: Kinetik Holdings Inc. filed SEC Form 8-K: Financial Statements and Exhibits
$KNTK
Natural Gas Distribution
Utilities
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K/A
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CURRENT REPORT
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Explanatory Note
On June 28, 2024, Kinetik Holdings Inc. (the “Company”) filed a Current Report on Form 8-K (the “Original Form 8-K”) to report the acquisition of 100% of the membership interests of Durango Permian LLC ("Durango") and its wholly owned subsidiaries, pursuant to a Membership Interest Purchase Agreement (the "Durango MIPA"), dated May 9, 2024, by and between the Company, Kinetik Holdings, LP, a subsidiary of the Company and Durango Midstream LLC, an affiliate of Morgan Stanley Equity Partners (the “Durango Seller”).
As permitted under Item 9.01 of Form 8-K, this Amendment No. 1 to the Current Report on Form 8-K amends and supplements the Original Form 8-K solely to provide the historical financial statements and the unaudited pro forma condensed combined financial information required under Item 9.01 of Form 8-K within 71 calendar days after the date on which the Original Form 8-K was required to be filed.
Item 9.01. Financial Statements and Exhibits.
(a) Financial Statements of Business Acquired
The audited consolidated financial statements of Durango as of December 31, 2023, and for the year then ended, and the notes related to the consolidated financial statements are set forth in Exhibit 99.1 hereto and are incorporated herein by reference. The unaudited condensed consolidated financial statements of Durango as of and for the three months ended March 31, 2024, are set forth in Exhibit 99.2 hereto and are incorporated herein by reference.
(b) Pro Forma Financial Information
The unaudited pro forma combined financial information of the Company for the six months ended June 30, 2024 and for the year ended December 31, 2023 are set forth in Exhibit 99.3 hereto and are incorporated herein by reference.
(d) The following exhibits are being filed herewith.
| Exhibit No. | Description of Exhibit | |||||||
| 23.1 | - | |||||||
| 99.1 | - | |||||||
| 99.2 | - | |||||||
| 99.3 | - | |||||||
| 104 | - | Cover Page Interactive Data File (embedded within the Inline XBRL document) | ||||||
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.
| Kinetik Holdings Inc. | |||||||||||
| Dated: | August 30, 2024 | /s/ Todd Carpenter | |||||||||
| Todd Carpenter | |||||||||||
| General Counsel, Assistant Secretary and Chief Compliance Officer | |||||||||||