Company: WBI
Filing Date: 2025-09-18
Form Type: 8-K
Source: 0001193125-25-207591
Chunk: 4

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-09-18
Form: 8-K
Item: Item 1.01
Chunk 4
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‑day option to purchase up to 4,755,000 additional Class A shares (the “ Option Shares”) at the public offering price, which the Underwriters exercised in full on September 18, 2025. The closing of the Option Shares is expected to occur on September 22, 2025, subject to the satisfaction of customary closing conditions. The material terms of the Offering are described in the prospectus, dated September 16, 2025 (the “ Prospectus”), filed by the Company with the U. S. Securities and Exchange Commission (the "Commission") on September 18, 2025, pursuant to Rule 424(b) under the Securities Act of 1933, as amended (the “ Securities Act”). The Offering was registered with the Commission pursuant to the Registration Statement on Form S‑1, filed with the Commission on August 22, 2025 (as so filed and as amended, together with the additional registration statement relating to the Class A shares filed with the Commission pursuant to Rule 462(b) of the Securities Act, the “ Registration Statement”).

The Offering closed on September 18, 2025. The Company received net proceeds of approximately $587.6 million, and expects to receive additional net proceeds of approximately $89.4 million as a result of the issuance of the Option Shares, in each case, after deducting underwriting discounts and offering expenses from the Offering. The Company expects to use the net proceeds from the Offering as described under the section of the Prospectus entitled “ Use of Proceeds.”

The Underwriting Agreement contains customary representations and warranties, agreements and obligations and termination provisions. The Company has agreed to indemnify the Underwriters against certain liabilities, including liabilities under the Securities Act, and to contribute to payments the Underwriters may be required to make because of any of those liabilities. Furthermore, in connection with entry into the Underwriting Agreement, the Company, its directors and executive officers, the Five Point Members, Devon Holdco, Elda River, GIC and certain of their respective affiliates, entered into lock‑up agreements pursuant to which they are subject to certain restrictions with respect to the sale or other disposition of Class A shares, or securities convertible into or exercisable or exchangeable for Class A shares, including OpCo Units and Class B shares, until March 15, 2026, subject to certain exceptions.

The foregoing description of the Underwriting Agreement and the description contained in the Prospectus are qualified in their entirety by reference to the full text