- WaterBridge Infrastructure LLC **priced its upsized initial public offering** of **31,700,000 Class A shares** at **$20.00 per Class A share** on September 16, 2025.  **[2064947_0001193125-25-207591_wbi-ex99_1.htm:0]** 
- The Class A shares began trading on the **New York Stock Exchange (NYSE)** and **NYSE Texas, Inc.** under the ticker symbol **"WBI"** on **September 17, 2025**.  **[2064947_0001193125-25-207591_wbi-ex99_1.htm:0]** 
- The offering closed on **September 18, 2025**, with the underwriters exercising their option in full to purchase an additional **4,755,000 Class A shares**.  **[2064947_0001193125-25-207591_wbi-ex99_2.htm:0]** 
- WaterBridge received **net proceeds of approximately $588 million** from the initial offering and expects an additional **$89 million** from the option shares, totaling approximately **$677 million**.  **[2064947_0001193125-25-207591_wbi-ex99_1.htm:0]** **[2064947_0001193125-25-207591_wbi-ex99_2.htm:0]** 
- WaterBridge is a leading integrated, pure-play water infrastructure company operating the largest produced water infrastructure network in the United States, handling over **2.6 million bpd** of produced water as of August 31, 2025.  **[2064947_0001193125-25-207591_wbi-ex99_1.htm:0]**

WaterBridge Infrastructure (WBI)