Latham & Watkins Advises on Viper Energy, Inc.’s Upsized Public Equity Offering
Viper Energy, Inc. (NASDAQ: VNOM) (the Company) has announced the pricing of its previously announced upsized underwritten public offering of 24,640,000 shares of its Class A common stock (the Offering) at a price to the public of US$44.50 per share. The Company has granted the underwriters a 30-day option to purchase up to an additional 3,696,000 shares of its Class A common stock. The Offering is expected to close on February 3, 2025, subject to the satisfaction of customary closing conditions.
Latham & Watkins LLP represents the underwriters in the Offering with a capital markets team led by Austin partners Michael Chambers and David Miller and Houston partner Monica White, with associates Caitlyn Fiebrich and Carol Bale. Advice was also provided on tax matters by Houston partner Tim Fenn, with associate Dominick Constantino; and on environmental matters by Los Angeles/Houston partner Josh Marnitz, with associate Nolan Fargo.