Viper Energy issues 3,815,459 unregistered Class B shares in mineral rights drop-down deal
Reuters2026/09/08 20:02- Viper Energy completed a private placement tied to its 2026 Drop Down asset acquisition on Sept. 1, 2026.
- Issued 3,815,459 shares of Class B common stock to Diamondback Energy and affiliates as consideration.
- Transaction also included 3,815,459 VNOM Holding Company LLC membership units issued to the sellers.
- Shares were issued without registration under the Securities Act, relying on the Section 4(a)(2) private-offering exemption.
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