USD Partners LP Moves to Liquidate and Cancel Equity with No Payouts to Unitholders

Reuters
Jan 01
<a href="https://laohu8.com/S/USDP">USD Partners LP</a> Moves to Liquidate and Cancel Equity with No Payouts to Unitholders

USD Partners LP has completed the sale of its last remaining operating asset, ceased operations, and is moving forward with winding down and liquidating the Partnership. The company has requested that FINRA halt trading of its remaining equity and expects to complete these actions as early as January 1, 2026, though a firm date has not been set. Unitholders will not receive any payments or distributions upon the wind down. Due to its inability to fully repay remaining debt, the Partnership anticipates recognizing cancellation of indebtedness income in 2025, which will be allocated to unitholders and could result in tax obligations for them. Final Schedule K-1 forms will be provided to unitholders in March 2026. Investors are encouraged to consult their own financial and tax advisors.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. USD Partners LP published the original content used to generate this news brief via Business Wire (Ref. ID: 20251231167823) on December 31, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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