Viper Energy (VNOM) Launches Offering of Class A Common Stock

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Go back to Viper Energy (VNOM) Launches Offering of Class A Common Stock

Viper Energy Launches Offering of Class A Common Stock

January 30, 2025 4:27 PM EST

MIDLAND, Texas, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ: VNOM) (Viper) announced today the launch of an underwritten public offering of 22,000,000 shares of its Class A common stock, subject to market and other conditions (the Primary Offering). The underwriters will have an option to purchase up to an additional 3,300,000 shares of Class A common stock from Viper in the Primary Offering.

Viper intends to use the net proceeds from the Primary Offering to fund a portion of the cash consideration for its previously announced pending acquisition of all of the equity interests of certain mineral and... More