Company: WBI
Filing Date: 2025-09-18
Form Type: 424B4
Source: 0001193125-25-206805
Chunk: 447

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-09-18
Form: 424B4
Chunk 447
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      |  (4,778 | ) |
| Repayments of asset financing note payable                                      |     |                           |  (1,674 | ) |     |      |    (886 | ) |
| Settlement of contingent consideration                                          |     |                           |  (2,700 | ) |     |      |    (900 | ) |
| Debt issuance costs                                                             |     |                           |    (120 | ) |     |      | (27,485 | ) |
| Deferred offering costs                                                         |     |                           |    (843 | ) |     |      |       - |   |
| Net cash used in financing activities                                           |     |                           | (10,723 | ) |     |      | (15,726 | ) |
| Net decrease in cash and cash equivalents                                       |     |                           | (27,783 | ) |     |      | (19,637 | ) |
| Cash and cash equivalents - beginning of period                                 |     |                           |  47,887 |   |     |      |  38,042 |   |
| Cash and cash equivalents - end of period                                       |     | $                         |  20,104 |   |     | $    |  18,405 |   |

See accompanying notes to the unaudited condensed consolidated financial statements

<div align='center'>F-91

WaterBridge Equity Finance LLC and Subsidiaries

Notes to the Unaudited Condensed Consolidated Financial Statements</div>

1. Organization and Nature of Operations

WaterBridge Equity Finance LLC (together with its subsidiaries, the “Company”, “we”, “our”, or “us”) is a Delaware limited liability company headquartered in Houston, Texas that was formed on May 3, 2019. At formation, the Company was indirectly owned by funds affiliated with Five Point Energy Fund I LP and Five Point Energy Fund II LP (collectively, the “Five Point Funds”) and certain members of management. Promptly following its formation, an affiliate of GIC, Singapore’s sovereign wealth fund, acquired a 20% indirect interest in the Company via WB 892 LLC (“WB 892”) and, simultaneous therewith, WaterBridge Resources LLC (“WBR”), WaterBridge II LLC (“WB II”) and WaterBridge Co-Invest LLC (“Co-Invest”) contributed all of the issued and outstanding membership interests in and to WaterBridge Holdings LLC (“Holdings”) to the Company. On December 13, 2019, the Company