Company: WBI
Filing Date: 2025-09-15
Form Type: S-1/A
Source: 0001193125-25-202719
Chunk: 345

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-09-15
Form: S-1/A
Chunk 345
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 and contingencies         |     |               |     |   |
| Member's equity:                      |     |               |     |   |
| Deemed cash parent contribution       |     | $             | (10 | ) |
| Member's interest                     |     |               |  10 |   |
| Total member's equity                 |     |               |   - |   |
| Total liabilities and member's equity |     | $             |   - |   |

<div align='center'>F-6

WaterBridge Infrastructure LLC

Notes to the Unaudited Balance Sheet

June 30, 2025</div>

Organization

WaterBridge Infrastructure LLC (the “Company,” “we,” “our” and “us”) was formed on April 11, 2025 as a Delaware limited liability company. NDB Holdings LLC (the “Sole Member”) is the sole member of the Company. The Company is governed by a Limited Liability Company Agreement, dated April 11, 2025 (the “LLC Agreement”).

The Company was formed to serve as the issuer of equity in an initial public offering (“IPO”). Concurrent with the completion of the IPO, the Company will serve as the new parent entity of a new Delaware limited liability company that will own all of the assets and operations of WaterBridge Equity Finance LLC and NDB Midstream LLC.

Summary of Significant Accounting Policies

The balance sheet has been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). Separate Statements of Operations, Changes in Member’s Equity and Cash Flows have not been presented because the Company did not have any business transactions or activities since inception as of April 11, 2025, except for our initial capitalization. In this regard, we have determined that general and administrative costs associated with the formation and daily management of the Company are insignificant.

The Company intends to be classified as a corporation for U.S. federal income tax purposes and is subject to U.S. federal and state income taxes. The Company recognizes deferred tax assets and liabilities for the future tax consequences attributable to differences between the financial statement carrying amounts and income tax basis of assets and liabilities and the expected benefits of utilizing net operating loss and tax credit carryforwards, using enacted tax rates in effect for the taxing jurisdiction in which the Company operates for the year in which those temporary differences are expected to be recovered or settled. As of June 30, 2025, there are no income tax related balances reflected in the Company