Company: WBI
Filing Date: 2025-09-15
Form Type: S-1/A
Source: 0001193125-25-202719
Chunk: 137

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-09-15
Form: S-1/A
Chunk 137
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 of our Class B shares have been canceled in connection with a redemption of OpCo Units for Class A shares) and (b) by new investors in this offering upon consummation of the transactions contemplated by this prospectus, and the average price per share contributed to us by our Existing Owners and by new investors in this offering at our initial offering price of $18.50 per Class A share, calculated before deduction of estimated underwriting discounts and estimated offering expenses payable by us.

|                                |     | Shares Acquired                                   
 Number                                            
 (in thousands except share and per share amounts) |             |     | Percent |      |   |     | Total Consideration 
 Amount              |           |     |    | Percent |      |   |     | Average Price 
 Per Share     |       |
|:-------------------------------|:----|:--------------------------------------------------|------------:|:----|:--------|-----:|:--|:----|:--------------------|----------:|:----|---:|:--------|-----:|:--|:----|:--------------|------:|
| Existing Owners                |     |                                                   |  87,000,000 |     |         | 76.3 | % |     | $                   | 1,415,013 |     | -1 |         | 73.9 | % |     | $             | 16.26 |
| New investors in this offering |     |                                                   |  27,000,000 |     |         | 23.7 | % |     |                     |   499,500 |     |    |         | 26.1 | % |     |               | 18.50 |
| Total                          |     |                                                   | 114,000,000 |     |         |  100 | % |     | $                   | 1,914,513 |     |    |         |  100 | % |     | $             | 16.79 |

(1) Total consideration for the Existing Owners only includes the historical member contributions prior to giving any consideration to member distributions.

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The information excludes (i) 5,700,000 Class A shares reserved for issuance under our LTIP, which we intend to adopt in connection with the completion of this offering, and (ii) 80,215,021 Class A shares reserved for issuance in connection with any exercise of the Redemption Right or the Call Right.

Except as otherwise noted, all