On October 1, 2026, USA Compression Partners consummated an internal reorganization by issuing 34,467,347 newly created Class A limited partner interests to its indirect subsidiary J-W Energy Company. The units were valued at $26.7206 per unit based on a 15-day volume-weighted average price, totaling approximately $920 million in consideration for the contribution of J-W Energy's interest in a wholly owned subsidiary. These Class A Units are non-convertible, non-redeemable, and not publicly traded. They carry a fixed distribution rate of 9.25% per annum (2.3125% quarterly) on the issue price but lack voting rights except as required by law or the partnership agreement. The transaction was exempt from registration under Section 4(a)(2). USA Compression Partners operates in the oil and gas sector, providing compression services.
