# EDGAR Filing Document

**Accession Number:** 0001362705
**File Stem:** 0001362705-23-000021
**Filing Date:** 2023-3
**Character Count:** 10542
**Document Hash:** 64605fe2bb65d3bfb6c927d3bc03d43d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001362705-23-000021.hdr.sgml**: 20230327

**ACCESSION NUMBER**: 0001362705-23-000021

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20230327

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230327

**DATE AS OF CHANGE**: 20230327

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Evolve Transition Infrastructure LP
- **CENTRAL INDEX KEY:** 0001362705
- **STANDARD INDUSTRIAL CLASSIFICATION:** CRUDE PETROLEUM & NATURAL GAS [1311]
- **IRS NUMBER:** 113742489
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-33147
- **FILM NUMBER:** 23764853

**BUSINESS ADDRESS:**
- **STREET 1:** 1360 POST OAK BLVD
- **STREET 2:** SUITE 2400
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77056
- **BUSINESS PHONE:** 713-783-8000

**MAIL ADDRESS:**
- **STREET 1:** 1360 POST OAK BLVD
- **STREET 2:** SUITE 2400
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77056

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Sanchez Midstream Partners LP
- **DATE OF NAME CHANGE:** 20170605

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Sanchez Production Partners LP
- **DATE OF NAME CHANGE:** 20150306

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Sanchez Production Partners LLC
- **DATE OF NAME CHANGE:** 20141006

?xml version="1.0" ? evolve-20230327

**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

Date of Report (date of earliest event reported): **March 27, 2023**

**Evolve Transition Infrastructure LP**

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-33147** | **11-3742489** |
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |

---

---

| | |
|:---|:---|
| **1360 Post Oak Blvd, Suite 2400** | |
| **Houston, TX** | **77056** |
| (Address of principal executive offices) | (Zip Code) |

---

Registrant's telephone number, including area code: **(713) 783-8000**

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

**Securities registered pursuant to Section 12(b) of the Act:**

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| Common Units representing limited partner interests | SNMP | NYSE American |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

------

**Item 8.01 Other Events.**

On March 27, 2023, the Partnership issued a press release announcing that the Partnership filed its Annual Report on Form 10-K for the year ended December 31, 2022 with the Securities and Exchange Commission. A copy of the press release is included herewith as Exhibit 99.1 and the information in the press release is incorporated by reference into this Item 8.01.

**Item 9.01 Financial Statements and Exhibits.**

*(d) Exhibits.*

---

| | |
|:---|:---|
| **Exhibit No.** | **Exhibit** |
| 99.1 | <u>[Press Release, dated March 27, 2023.](pressrelease_evolvetransit.htm)</u> |
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL). |

---

------

**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.

---

| | | |
|:---|:---|:---|
| | **EVOLVE TRANSITION INFRASTRUCTURE LP** | **EVOLVE TRANSITION INFRASTRUCTURE LP** |
| | By: | Evolve Transition Infrastructure GP LLC,<br>its general partner |
| Date: March 27, 2023 | By: | /s/ Charles C. Ward |
|  |  | Charles C. Ward |
|  |  | Interim Chief Executive Officer, Chief Financial Officer and Secretary |

---

## Exhibit 99.1

![imagea.jpg](imagea.jpg)

**Evolve Transition Infrastructure** 

**Files Form 10-K**

**HOUSTON**—(GLOBE NEWSWIRE)—March 27, 2023—Evolve Transition Infrastructure LP (NYSE American: SNMP) ("Evolve" or the "Partnership") has filed its Annual Report on Form 10-K for the year ended December 31, 2022 with the Securities and Exchange Commission (the "SEC").

**LIQUIDITY AND DEBT REDUCTION UPDATE**

The Partnership had approximately $2.8 million in cash and cash equivalents as of December 31, 2022. As of December 31, 2022, the Partnership had $20.2 million in debt outstanding under its credit facility and during 2022 the Partnership reduced its debt outstanding by $29.0 million, or 59 percent.

**RECEIPT OF AUDIT OPINION WITH GOING CONCERN QUALIFICATION**

Pursuant to the disclosure requirements of the NYSE American Company Guidelines Sections 401(h) and 610(b), Evolve is reporting that its audited financial statements for the year ended December 31, 2022, included in the 2022 Form 10-K, contains an audit opinion from its independent registered public accounting firm that includes an explanatory paragraph related to Evolve's ability to continue as a going concern. This announcement does not represent any change or amendment to the Partnership's financial statements or to its 2022 Form 10-K.

**UNITHOLDER ACCESS TO 2022 FORM 10-K**

The Partnership has filed the 2022 Form 10-K with the SEC. A copy of the 2022 Form 10-K, which includes the Partnership's complete audited financial statements, may be found on the SEC's website at <u>www.sec.gov</u> and on the Partnership's website at <u>www.evolvetransition.com</u> by selecting the "Investors" tab and then selecting "SEC Filings" from the dropdown menu. The Partnership will provide any unitholder with a hard copy of its 2022 Form 10-K, which includes Evolve's complete audited financial statements, free of charge at any time upon request. Requests can be directed in writing to Evolve Investor Relations, 1360 Post Oak Blvd., Suite 2400, Houston, TX 77056 or by email to <u>ir@evolvetranstion.com</u>.

**FORWARD-LOOKING STATEMENTS**

This press release contains "forward-looking statements," which involve risks and uncertainties. All statements, other than statements of present or historical fact, included in

------

this press release are forward-looking statements. Any statements that refer to Evolve's future strategy, future uses of capital, future operations, plans and objectives of management or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may," "expect," "plan," "anticipate," "believe," "project" or the negative of such terms or other similar expressions. These forward-looking statements are based on management's current beliefs, expectations and assumptions regarding the future of Evolve's business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions.

These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about Evolve that may cause Evolve's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward looking statements. Therefore, you should not rely on any of these forward-looking statements. Management cautions all readers that the forward-looking statements contained in this press release are not guarantees of future performance, and actual results may differ materially from those anticipated or implied in forward-looking statements. For more information concerning factors that could cause actual results to differ from those expressed or forecasted, please read Evolve's filings with the SEC, with particular attention to the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections in Evolve's most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q, all of which are available on Evolve's website at <u>www.evolvetransition.com</u> and on the SEC's website at <u>www.sec.gov</u>. These cautionary statements qualify all forward-looking statements attributable to Evolve or persons acting on Evolve's behalf. Except as otherwise required by applicable law, Evolve disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release.

**ABOUT THE PARTNERSHIP**

Evolve Transition Infrastructure LP is a publicly-traded limited partnership formed in 2005 focused on the acquisition, development and ownership of infrastructure critical to the transition of energy supply to lower carbon sources. Evolve owns natural gas gathering systems, pipelines and processing facilities in South Texas and continues to pursue energy transition infrastructure opportunities.

**ADDITIONAL INFORMATION**

------

Additional information about Evolve can be found in our documents on file with the SEC which are available on our website at <u>www.evolvetransition.com</u> and on the SEC's website at <u>www.sec.gov</u>.

**PARTNERSHIP CONTACT**

Charles C. Ward

Interim Chief Executive Officer, Chief Financial Officer and Secretary

ir@evolvetransition.com

(713) 800-9477

<br>