Business Context and Reporting Period
This Form 6-K filing by KNOT Offshore Partners LP, a foreign private issuer, covers the month of November 2023. The report was filed on November 2, 2023, and primarily serves to disclose a new corporate agreement rather than periodic financial results.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a disclosure of a specific corporate action and does not contain financial statements or performance metrics.
Material Changes
The material change disclosed in this filing is the execution of an At-the-Market Issuance Sales Agreement dated November 2, 2023. The agreement is between KNOT Offshore Partners LP (and its related entities: KNOT Offshore Partners GP LLC, KNOT Offshore Partners UK LLC, and KNOT Shuttle Tankers AS) and B. Riley Securities, Inc.
Guidance, Outlook, and Risks
The filing does not contain management commentary, financial guidance, or specific risk factors beyond the standard incorporation by reference into the registrant's Form F-3 registration statement. The document includes an opinion of Watson Farley & Williams LLP regarding the validity of the securities.
Investor Verification Checklist
- Verify the terms of the At-the-Market Issuance Sales Agreement with B. Riley Securities, Inc.
- Review the incorporated Form F-3 (No. 333-274460) for details on the securities being offered.
- Confirm the authorization of the agreement by Derek Lowe, Chief Executive Officer and Chief Financial Officer.