Company: WBI
Filing Date: 2025-04-18
Form Type: DRS
Source: 0000950123-25-003575
Chunk: 110

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-04-18
Form: DRS
Chunk 110
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 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 purchase additional Class A shares is exercised in full). Each $1.00 increase or decrease in the assumed public offering price of $ per Class A share (the midpoint of the price range set forth on the cover of this prospectus) would increase or decrease the net proceeds to us from this offering by approximately $ million (or approximately $ million if the underwriters’ option to purchase additional Class A shares is exercised in full), assuming that the number of Class A shares offered by us, as set forth on the cover page of this prospectus, remains the same and after deducting estimated underwriting discounts and estimated offering expenses payable by us. Each increase or decrease of one million in the number of Class A shares offered by us in this offering would increase or decrease the net proceeds to us from this offering by approximately $ million and, as a result, would decrease or increase both the aggregate ownership interest of the Five Point Members and Devon Holdco in OpCo and their voting power in us by approximately %, assuming that the public offering price of $ per Class A share (the midpoint of the price range set forth on the cover of this prospectus) remains the same and after deducting underwriting discounts and estimated offering expenses payable by us. For example, an increase of one million in the number of Class A shares offered by us in this offering would result in the Five Point Members and Devon Holdco initially collectively owning approximately % of our combined economic interest and voting power, and a decrease of one million in the number of Class A shares offered by us in this offering would result in the Five Point Members and Devon Holdco initially collectively owning approximately % of our combined economic interest and voting power.

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### DIVIDEND POLICY
We intend to pay dividends on our Class A shares in amounts determined from