Company: WBI
Filing Date: 2025-08-22
Form Type: S-1
Source: 0000950170-25-111048
Chunk: 273

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-08-22
Form: S-1
Chunk 273
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 to this Offering, Our Corporate Structure and Our Class A Shares—The market price of our Class A shares could be adversely affected by sales of substantial amounts of our Class A shares in the public or private markets or the perception in the public markets that these sales may occur, including sales by the Existing Owners and their affiliates after the exercise of the Redemption Right.” We will generally be obligated to pay all registration expenses in connection with these registration obligations, regardless of whether a registration statement is filed or becomes effective.

In connection with the consummation of this offering, we and our Existing Owners will enter into a Contribution and Corporate Reorganization Agreement (the “Contribution and Reorganization Agreement”) that will govern the consummation of the WaterBridge Combination and the Corporate Reorganization as described in “Corporate Reorganization.”

The closing of the transactions contemplated in the WaterBridge Combination (the “Initial Closing”) will occur on the first business day following the execution of the underwriting agreement attached as an exhibit to the registration statement of which this prospectus forms a part, and the closing of the Corporate Reorganization will occur on the day of the closing of this offering (the “IPO Closing”). The Initial Closing is subject to customary closing conditions, including that (a) no order or legal restraint of any governmental authority is in effect that prohibits the consummation of the transactions contemplated by the Contribution and Reorganization Agreement, and (b) no actions, lawsuits or proceedings are pending that seek to enjoin, prohibit or delay such transactions.

If the Initial Closing occurs, the IPO Closing will proceed as contemplated by the Contribution and Reorganization Agreement, except that we and OpCo are not obligated to proceed with the IPO Closing if the other parties’ respective representations and warranties are not true and correct as of the IPO Closing (subject to customary materiality qualifiers) or if the other parties have not performed in all material respects their respective covenants and agreements required to be performed at the Initial Closing or the IPO Closing.

Under the Contribution and Reorganization Agreement, if the IPO Closing has not occurred prior to the date that is 180 days from the execution of the agreement, any party thereto can terminate the agreement upon written notice to the other parties delivered prior to the Initial Closing. Additionally, any party may terminate the agreement prior to the Initial Closing if any other party materially breaches the agreement and such breach is either not curable or is not cured within 15 days after receipt of written notice of such breach.

If the IPO Closing occurs, OpCo will agree to reimburse the