Company: WBI
Filing Date: 2025-06-02
Form Type: DRS/A
Source: 0000950123-25-005943
Chunk: 113

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-06-02
Form: DRS/A
Chunk 113
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 proceeds from this offering to repay outstanding indebtedness of WaterBridge Operating and its subsidiaries. The following table illustrates the anticipated use of the proceeds of this offering:

| Sources of Funds                  | (in millions) |     | Uses of Funds                               | (in millions) |
|:----------------------------------|:--------------|:----|:--------------------------------------------|:--------------|
| Gross proceeds from this offering | $             |     | Purchase of OpCo preferred equity interests | $             |
|                                   |               |     | Repayment of outstanding indebtedness       |               |
|                                   |               |     | Underwriting discounts, fees and expenses   |               |
| Total                             | $             |     | Total                                       | $             |

The following table sets forth information regarding the indebtedness that we intend to repay with the net proceeds of this offering:

|       |     | Amount to be  Repaid(1) |     | Interest  Rate(2) |     | (3) | Maturity Date |
|:------|:----|:------------------------|:----|:------------------|:----|:----|:--------------|
| Total |     | $                       |     |                   |     |     |               |

(1) Amounts based on projected debt balance as of . (2) SOFR refers to Secured Overnight Financing Rate. (3) Interest rate resets on . The proceeds from the indebtedness to be repaid with the proceeds of the offering were used to . If the underwriters exercise their option to purchase additional Class A shares in full, we expect to receive approximately $ million of additional net proceeds based upon the assumed public offering price of $ per Class A share (the midpoint of the price range set forth on the cover page of this prospectus). We intend to contribute all of the net proceeds from any exercise of such option to OpCo in exchange for additional OpCo Units. OpCo intends to use such additional net proceeds to repay additional outstanding indebtedness of WaterBridge Operating and its subsidiaries. After the application of the net proceeds from this offering, we will own approximately % of the outstanding OpCo Units (or approximately % of the outstanding OpCo Units if the underwriters’ option to purchase additional Class A shares is exercised in full), and the Five Point Members and Devon Holdco will collectively own approximately % of the outstanding Class A shares and approximately % of the outstanding OpCo Units (or approximately % of the outstanding Class A shares and approximately % of the outstanding OpCo Units if the underwriters’ option to