<SEC-DOCUMENT>0000905148-25-003000.txt : 20250814
<SEC-HEADER>0000905148-25-003000.hdr.sgml : 20250814
<ACCEPTANCE-DATETIME>20250814173627
ACCESSION NUMBER:		0000905148-25-003000
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G/A
PUBLIC DOCUMENT COUNT:		3
FILED AS OF DATE:		20250814
DATE AS OF CHANGE:		20250814

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MARTIN MIDSTREAM PARTNERS L.P.
		CENTRAL INDEX KEY:			0001176334
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-PETROLEUM BULK STATIONS & TERMINALS [5171]
		ORGANIZATION NAME:           	07 Trade & Services
		EIN:				050527861
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-80397
		FILM NUMBER:		251221331

	BUSINESS ADDRESS:	
		STREET 1:		4200 STONE ROAD
		CITY:			KILGORE
		STATE:			TX
		ZIP:			75662
		BUSINESS PHONE:		9039836252

	MAIL ADDRESS:	
		STREET 1:		PO BOX 191
		CITY:			KILGORE
		STATE:			TX
		ZIP:			75663

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MARTIN MIDSTREAM PARTNERS LP
		DATE OF NAME CHANGE:	20020626

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NOMURA HOLDINGS INC
		CENTRAL INDEX KEY:			0001163653
		STANDARD INDUSTRIAL CLASSIFICATION:	SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211]
		ORGANIZATION NAME:           	02 Finance
		EIN:				000000000
		STATE OF INCORPORATION:			M0
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A

	BUSINESS ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		1-13-1 NIHONBASHI
		STREET 2:		CHUO-KU
		CITY:			TOKYO
		PROVINCE COUNTRY:   	M0
		ZIP:			103-8645
		BUSINESS PHONE:		81-3-5255-1000

	MAIL ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		1-13-1 NIHONBASHI
		STREET 2:		CHUO-KU
		CITY:			TOKYO
		PROVINCE COUNTRY:   	M0
		ZIP:			103-8645
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
<headerData>
<submissionType>SCHEDULE 13G/A</submissionType>
<filerInfo>
<filer>
<filerCredentials>
<cik>0001163653</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>



</filerInfo>
</headerData>
<formData>
<coverPageHeader>
<amendmentNo>1</amendmentNo>
<securitiesClassTitle>Common Units representing limited partnership interests</securitiesClassTitle>
<eventDateRequiresFilingThisStatement>06/30/2025</eventDateRequiresFilingThisStatement>
<issuerInfo>
<issuerCik>0001176334</issuerCik>
<issuerName>MARTIN MIDSTREAM PARTNERS L.P.</issuerName>
<issuerCusip>573331105</issuerCusip>
<issuerPrincipalExecutiveOfficeAddress>
<com:street1>4200 B Stone Road</com:street1>
<com:city>Kilgore</com:city>
<com:stateOrCountry>TX</com:stateOrCountry>
<com:zipCode>75662</com:zipCode>
</issuerPrincipalExecutiveOfficeAddress>
</issuerInfo>
<designateRulesPursuantThisScheduleFiled>
<designateRulePursuantThisScheduleFiled>Rule 13d-1(b)</designateRulePursuantThisScheduleFiled>
</designateRulesPursuantThisScheduleFiled>
</coverPageHeader>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>NOMURA HOLDINGS INC</reportingPersonName>
<citizenshipOrOrganization>M0</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>3837328</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>3837328</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>3837328</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>9.8</classPercent>
<typeOfReportingPerson>HC</typeOfReportingPerson>
<comments>(1) Shared voting and dispositive power represents 3,837,328 Common Units beneficially owned by Nomura Global Financial Products, Inc. ("NGFP"). NGFP is a wholly owned subsidiary of Nomura Holdings, Inc., which accordingly may be deemed to beneficially own the Common Units beneficially owned by NGFP.&#13;
&#13;
(2) The percent of class is calculated based on 39,055,086 Common Units outstanding as of June 30, 2025, as reported in the Issuer's quarterly report on Form 10-Q for the fiscal quarter ended June 30, 2025 filed with the SEC on July 21, 2025.</comments>
</coverPageHeaderReportingPersonDetails>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>NOMURA GLOBAL FINANCIAL PRODUCTS INC</reportingPersonName>
<citizenshipOrOrganization>DE</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>3837328</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>3837328</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>3837328</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>9.8</classPercent>
<typeOfReportingPerson>BD</typeOfReportingPerson>
<comments>(3) The percent of class is calculated based on 39,055,086 Common Units outstanding as of June 30, 2025, as reported in the Issuer's quarterly report on Form 10-Q for the fiscal quarter ended June 30, 2025 filed with the SEC on July 21, 2025.</comments>
</coverPageHeaderReportingPersonDetails>
<items>
<item1>
<issuerName>MARTIN MIDSTREAM PARTNERS L.P.</issuerName>
<issuerPrincipalExecutiveOfficeAddress>4200 B Stone Road, Kilgore, Texas, 75662</issuerPrincipalExecutiveOfficeAddress>
</item1>
<item2>
<filingPersonName>Nomura Holdings, Inc.&#13;
&#13;
Nomura Global Financial Products, Inc.</filingPersonName>
<principalBusinessOfficeOrResidenceAddress>Nomura Holdings, Inc.: &#13;
13-1, Nihonbashi 1-chome, Chuo-ku, Tokyo 103-8645, Japan&#13;
&#13;
Nomura Global Financial Products, Inc.:&#13;
Worldwide Plaza&#13;
309 West 49th Street&#13;
New York, NY 10019</principalBusinessOfficeOrResidenceAddress>
<citizenship>Nomura Holdings, Inc.:&#13;
Japan&#13;
&#13;
Nomura Global Financial Products, Inc.:&#13;
Delaware</citizenship>
</item2>
<item3>
<notApplicableFlag>N</notApplicableFlag>
<typeOfPersonFiling>BD</typeOfPersonFiling>
<typeOfPersonFiling>HC</typeOfPersonFiling>
</item3>
<item4>
<amountBeneficiallyOwned>Items 5-11 of the cover pages are incorporated by reference.</amountBeneficiallyOwned>
<classPercent>Items 5-11 of the cover pages are incorporated by reference.</classPercent>
<numberOfSharesPersonHas>
<solePowerOrDirectToVote>Items 5-11 of the cover pages are incorporated by reference.</solePowerOrDirectToVote>
<sharedPowerOrDirectToVote>Items 5-11 of the cover pages are incorporated by reference.</sharedPowerOrDirectToVote>
<solePowerOrDirectToDispose>Items 5-11 of the cover pages are incorporated by reference.</solePowerOrDirectToDispose>
<sharedPowerOrDirectToDispose>Items 5-11 of the cover pages are incorporated by reference.</sharedPowerOrDirectToDispose>
</numberOfSharesPersonHas>
</item4>
<item5>
<notApplicableFlag>Y</notApplicableFlag>
</item5>
<item6>
<notApplicableFlag>Y</notApplicableFlag>
</item6>
<item7>
<notApplicableFlag>N</notApplicableFlag>
<subsidiaryIdentificationAndClassification>See Exhibit B</subsidiaryIdentificationAndClassification>
</item7>
<item8>
<notApplicableFlag>Y</notApplicableFlag>
</item8>
<item9>
<notApplicableFlag>Y</notApplicableFlag>
</item9>
<item10>
<notApplicableFlag>N</notApplicableFlag>
<certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
</item10>
</items>
<exhibitInfo>Exhibit A - Joint Filing Agreement&#13;
Exhibit B - Subsidiaries</exhibitInfo>
<signatureInformation>
<reportingPersonName>NOMURA HOLDINGS INC</reportingPersonName>
<signatureDetails>
<signature>/s/ Samir Patel</signature>
<title>Samir Patel, Managing Director</title>
<date>08/14/2025</date>
</signatureDetails>
</signatureInformation>
<signatureInformation>
<reportingPersonName>NOMURA GLOBAL FINANCIAL PRODUCTS INC</reportingPersonName>
<signatureDetails>
<signature>/s/ Samir Patel</signature>
<title>Samir Patel, Authorized Officer</title>
<date>08/14/2025</date>
</signatureDetails>
</signatureInformation>
</formData>

</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>jfa.htm
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Sidley
         Document created using Broadridge PROfile 25.5.1.5318
         Copyright 1995 - 2025 Broadridge -->
  </head>
<body bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;">
  <div>
    <div style="color: rgb(0, 0, 0); font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: center; font-weight: bold;">EXHIBIT A</div>
    <div style="color: rgb(0, 0, 0); font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><br>
    </div>
    <div style="color: rgb(0, 0, 0); font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: center; font-weight: bold;">JOINT FILING
      AGREEMENT</div>
    <div style="color: rgb(0, 0, 0); font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><br>
    </div>
    <div style="color: rgb(0, 0, 0); font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">In accordance with Rule 13d-1(k) under the Securities
      Exchange Act of 1934, the persons or entities named below agree to the joint filing on behalf of each of them of this Schedule 13G with respect to the Securities of the Issuer and further agree that this Joint Filing Agreement be included as an
      exhibit to this Schedule 13G. In evidence thereof, the undersigned hereby execute this Joint Filing Agreement as of August 14<font style="color: rgb(0, 0, 0); font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">, 2025</font>.</div>
    <div style="color: rgb(0, 0, 0); font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" border="0" style="letter-spacing: normal; orphans: 2; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 10pt; width: 1887px; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);" id="z76f7fcb8c0a2423db6f93b7da778042f">

        <tr>
          <td style="width: 943.297px; vertical-align: top;">
            <div>Nomura Holdings, Inc.</div>
          </td>
          <td style="width: 943.703px; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 943.297px; vertical-align: top;">&#160;</td>
          <td style="width: 943.703px; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 943.297px; vertical-align: top;">
            <div><u>/s/ Samir Patel</u></div>
          </td>
          <td style="width: 943.703px; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 943.297px; vertical-align: top;">
            <div>Name:&#160; Samir Patel</div>
          </td>
          <td style="width: 943.703px; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 943.297px; vertical-align: top;">
            <div>Title:&#160; Managing Director</div>
          </td>
          <td style="width: 943.703px; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 943.297px; vertical-align: top;">&#160;</td>
          <td style="width: 943.703px; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 943.297px; vertical-align: top;">
            <div>Nomura Global Financial Products, Inc.</div>
          </td>
          <td style="width: 943.703px; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 943.297px; vertical-align: top;">&#160;</td>
          <td style="width: 943.703px; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 943.297px; vertical-align: top;">
            <div><u>/s/ Samir Patel</u></div>
          </td>
          <td style="width: 943.703px; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 943.297px; vertical-align: top;">
            <div>Name:&#160; Samir Patel</div>
          </td>
          <td style="width: 943.703px; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 943.297px; vertical-align: top;">
            <div>Title:&#160; Authorized Officer</div>
          </td>
        </tr>

    </table>
  </div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>3
<FILENAME>subsidiaries.htm
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Sidley
         Document created using Broadridge PROfile 25.5.1.5318
         Copyright 1995 - 2025 Broadridge -->
  </head>
<body bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;">
  <div>
    <div style="color: rgb(0, 0, 0); font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: center; font-weight: bold;">EXHIBIT B</div>
    <div style="color: rgb(0, 0, 0); font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><br>
    </div>
    <div style="color: rgb(0, 0, 0); font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: center; font-weight: bold;">SUBSIDIARIES</div>
    <div style="color: rgb(0, 0, 0); font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><br>
    </div>
    <div style="color: rgb(0, 0, 0); font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Nomura Global Financial Products, Inc. is a wholly owned subsidiary of Nomura Holdings, Inc.</div>
  </div>
</body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
