Company: WBI
Filing Date: 2025-09-08
Form Type: S-1/A
Source: 0000950170-25-113383
Chunk: 406

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-09-08
Form: S-1/A
Chunk 406
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--|:----|:-----|------:|:--|:----|:-----------------|------:|:--|:----|:-----|-------:|:--|
| Debt issuance costs amortization |     | $                  |   119 |   |     | $    |   178 |   |     | $                |   237 |   |     | $    |    582 |   |
| Debt issuance costs write off    |     | $                  |     - |   |     | $    | 2,554 |   |     | $                |     - |   |     | $    |  2,554 |   |
| Commitment fees                  |     | $                  |    64 |   |     | $    |    84 |   |     | $                |   145 |   |     | $    |    121 |   |
| Interest costs incurred          |     | $                  | 1,021 |   |     | $    | 3,360 |   |     | $                | 1,740 |   |     | $    | 11,067 |   |
| Weighted average interest rate   |     |                    |  8.10 | % |     |      |  8.67 | % |     |                  |  8.15 | % |     |      |   8.68 | % |

During the three and six months ended June 30, 2025, the Company recorded $4.1 million in capitalized interest. 6. Member’s Equity Intermediate Holdings (the “sole member”) is the sole member of the Company and holds 100% of the limited liability company interests of the Company. The Company’s limited liability company interests are generally consistent with ordinary equity interests. Distributions (including liquidating distributions) are to be made to the sole member at the discretion of the board of managers of NDB Midstream, as the governing body of the parent entity of each of the sole member and the Company. The sole member’s equity account will be adjusted for distributions paid to the member and additional capital contributions that are made by the sole member. All revenues, costs and expenses of the Company are allocated to the sole member.

<div align='center'>F-54

WaterBridge NDB Operating LLC and Subsidiaries

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

7. Share-Based