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Stock impact report

WaterBridge Announces Closing of Upsized Initial Public Offering and Full Exercise of the Underwriters’ Option to Purchase Additional Shares

WaterBridge Infrastructure LLC Class A Shares Representing Limited Liability Company Interests (WBI) 
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)--WaterBridge Infrastructure LLC (“WaterBridge”) closed its upsized initial public offering of 31,700,000 Class A shares representing limited liability company interests in WaterBridge (“Class A shares”) at a price to the public of $20.00 per Class A share. In addition, the underwriters exercised in full their option to purchase an additional 4,755,000 Class A shares (“Option Shares”) at the public offering price, less underwriting discounts and commissions.WaterBridge received net proceeds of approximately $588 million from the offering, after deducting underwriting discounts and commissions and offering expenses. WaterBridge expects to receive additional net proceeds of approximately $89 million, after deducting underwriting discounts and commissions and offering expenses, on September 22, 2025 in connection with the closing for the Option Shares, subject to the satisfaction of customary closing conditions.J.P. Morgan and Barclays acted as lead book-runni Show less Read more
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