Company: WBI
Filing Date: 2025-09-08
Form Type: S-1/A
Source: 0000950170-25-113383
Chunk: 126

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-09-08
Form: S-1/A
Chunk 126
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 if the corresponding tax benefits (including any claimed increase in the tax basis of OpCo’s assets) were subsequently determined to have been unavailable.

Because we have elected to take advantage of the extended transition period pursuant to Section 107 of the JOBS Act, our financial statements may not be comparable to those of other public companies.

Section 107 of the JOBS Act provides that an emerging growth company can use the extended transition period provided in Section 7(a)(2)(B) of the Securities Act for complying with new or revised accounting standards. This permits an emerging growth company to delay the adoption of certain accounting standards until those standards would otherwise apply to private companies. We are choosing to take advantage of this extended transition period and, as a result, we will comply with new or revised accounting standards on the relevant dates on which adoption of such standards is required for private companies. Accordingly, our financial statements may not be comparable to companies that comply with public company effective dates, and our shareholders and potential investors may have difficulty in analyzing our operating results by comparing us to such companies.

If the closing of the WaterBridge Combination does not occur or certain other related conditions are not satisfied or waived, this offering will not be consummated.

Prior to the consummation of this offering, we and our Existing Owners will enter into the Contribution and Corporate Reorganization Agreement (as defined herein) that will govern the consummation of the WaterBridge Combination and the Corporate Reorganization as described in the section entitled “Corporate Reorganization.” The closing of the transactions contemplated by the Contribution and Corporate Reorganization Agreement, including the WaterBridge Combination, 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. This offering will not be consummated unless the closing of the WaterBridge Combination has occurred. In addition, we and OpCo are not obligated to proceed with the closing of this offering if the other parties’ respective representations and warranties are not true and correct as of the closing of this offering (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 closing of the WaterBridge Combination or the closing of this offering. For additional information, please see “Certain Relationships and Related Party Transactions—Contribution and