Latham & Watkins Advises on Viper Energy, Inc.’s Public Equity Offering
Viper Energy, Inc. (NASDAQ: VNOM) (the Company) has announced the pricing of its previously announced underwritten public offering of 10,000,000 shares of its Class A common stock (the Offering) at a price to the public of US$42.50 per share. The Company has granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of its Class A common stock. The Offering is expected to close on September 13, 2024, 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 partner Michael Chambers and Houston partner Monica White, with associates Celia Mishra 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.