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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): October 5, 2021
___________
RATTLER MIDSTREAM LP
(Exact Name of Registrant as Specified in Charter)
DE
001-38919
83-1404608
(State or other jurisdiction of incorporation)
(Commission File Number)
(I.R.S. Employer
Identification Number)
500 West Texas
Suite 1200
Midland,TX
79701
(Address of principal
executive offices)
(Zip code)
(432) 221-7400
(Registrant's telephone number, including area code)

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K 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 Securities Exchange Act of 1934:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common UnitsRTLRThe Nasdaq Stock Market LLC
(NASDAQ Global Select Market)

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 2.01.    Completion of Acquisition or Disposition of Assets.

On October 5, 2021, a wholly owned subsidiary of Rattler Midstream Operating LLC (the “Operating Company”), a consolidated subsidiary of Rattler Midstream LP, and a private affiliate of an investment fund, through their newly formed joint venture entity, Remuda Midstream Holdings LLC (the “Remuda joint venture”), completed their acquisition of an interest in a Midland Basin gas gathering and processing company (the “Target”) from West Texas Gas, Inc. and its affiliates. The Operating Company invested approximately $104 million in cash to acquire a minority interest in the Remuda joint venture, which acquired a majority interest in the Target. The Target’s assets include an interconnected wellhead gathering system and six major gas processing plants servicing the Midland Basin with 925 MMcf/d of total processing capacity. The Target also intends to construct additional processing capacity in the Midland Basin.

Item 7.01.    Regulation FD Disclosure.

On October 12, 2021, Rattler issued a press release announcing the closing of an acquisition of an interest in the Target. A copy of the closing press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01.    Financial Statements and Exhibits.

To the extent financial statements are required by Item 9.01(a) and pro forma financial information is required by Item 9.01(b), they will be filed by an amendment to this Current Report on Form 8-K no later than 71 days after the date on which this Current Report on Form 8‑K is required to be filed.

(d) Exhibits
Number Exhibit
99.1**
104Cover Page Interactive Data File (formatted as Inline XBRL).

**Furnished herewith.


SIGNATURE
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.
RATTLER MIDSTREAM LP
By:Rattler Midstream GP LLC,
its general partner
Date:October 12, 2021
By:/s/ Teresa L. Dick
Name:Teresa L. Dick
Title:Chief Financial Officer, Executive Vice President and Assistant Secretary