IPO - INFINITY NATURAL RESOURCES, INC.

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Form Type: 8-K

Filing Date: 2025-02-06

Corporate Action: Ipo

Type: New

Accession Number: 000119312525021804

Filing Summary: On February 6, 2025, Infinity Natural Resources, Inc. announced through a press release that the underwriters of its previously announced initial public offering have fully exercised their option to purchase an additional 1,987,500 shares of Class A common stock. This exercise has resulted in net proceeds of $37.4 million for the Company. The announcement includes details of the IPO and confirms the completion of the additional share purchase by the underwriters, which is expected to enhance the Company's financial standing.

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Additional details:

Underwriters Option Exercise: 1,987,500 shares


Net Proceeds: $37.4 million


Form Type: 424B4

Filing Date: 2025-02-03

Corporate Action: Ipo

Type: New

Accession Number: 000119312525018576

Filing Summary: Infinity Natural Resources, Inc. is offering 13,250,000 shares of its Class A common stock in its initial public offering (IPO) at a price of $20.00 per share, totaling approximately $265 million before expenses. This IPO will allow the shares to be listed on the New York Stock Exchange under the ticker symbol 'INR'. The company has no prior public market for its shares and is classified as an 'emerging growth company' which allows it to take advantage of reduced reporting requirements. The underwriters have an option to purchase an additional 1,987,500 shares. The company focuses on the acquisition, development, and production of hydrocarbons in the Appalachian Basin, aiming to create shareholder value through disciplined development of its oil and natural gas assets. The offering is expected to close on February 3, 2025, with estimated total underwriting discounts of $15.9 million and proceeds expected to be approximately $249.1 million before expenses.

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Additional details:

Estimated Price Per Share: 20


Total Shares Offered: 13250000


Total Proceeds Estimated: 265000000


Underwriting Discount Per Share: 1.2


Underwriting Discount Total: 15900000


Proceeds To Company Before Expenses: 249100000


Option To Purchase Additional Shares: 1987500


First Day Of Trading: 2025


Form Type: 8-K

Filing Date: 2025-02-03

Corporate Action: Ipo

Type: New

Accession Number: 000119312525019326

Filing Summary: On February 3, 2025, Infinity Natural Resources, Inc. (the 'Company') filed a Form 8-K reporting a significant corporate event related to its initial public offering (IPO) of Class A common stock. The report outlines that the Company executed several material agreements in connection with the IPO, dated January 30, 2025. Key agreements include the Underwriting Agreement with major underwriters, the Amended and Restated Limited Liability Company Agreement of INR Holdings, the Registration Rights Agreement, and the Tax Receivable Agreement, all of which are summarized within the document. Additionally, on January 30, 2025, the Company recapitalized INR Holdings by issuing 45,638,889 shares of Class B common stock, and it provided details on the issuance's compliance with regulatory exemptions. The Company's Board of Directors was reconstituted, appointing new members and outlining their roles. Furthermore, a new Omnibus Incentive Plan was adopted, and an Executive Change in Control and Severance Plan was established on February 3, 2025, offering severance benefits to eligible employees. These developments reflect the Company's transition in preparation for public trading, marking the completion of the IPO with 13,250,000 shares sold at $20.00 per share on the same day as the filing. The net proceeds from the offering will be utilized to repay outstanding debts under the Company's credit facilities.

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Additional details:

Underwriting Agreement Date: 2025-01-30


Class A Common Stock Price: 20.00


Shares Offered: 13,250,000


Class B Common Stock Issued: 45,638,889


Ipo Proceeds Usage: repay borrowings


Form Type: 8-A12B

Filing Date: 2025-01-30

Corporate Action: Ipo

Type: New

Accession Number: 000119312525016851

Filing Summary: Infinity Natural Resources, Inc., a Delaware corporation, is registering its Class A common stock, par value $0.01 per share, for trading on the New York Stock Exchange. The company has filed this registration statement under section 12(b) of the Securities Exchange Act of 1934. This action follows its previous registration statement on Form S-1 filed on October 4, 2024, under registration number 333-282502, which outlines the details of the securities being registered. The registration is effective as per the requirements defined in the instruction guidelines for Form 8-A, and includes the description of the company’s securities as detailed in the prospectus relating to the Registration Statement.

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Additional details:

Title Of Each Class To Be Registered: Class A common stock, $0.01 par value per share


Name Of Each Exchange: New York Stock Exchange


Securities Act Registration Statement File Number: 333-282502


Form Type: S-1/A

Filing Date: 2025-01-21

Corporate Action: Ipo

Type: New

Accession Number: 000119312525009036

Filing Summary: Infinity Natural Resources, Inc. is proceeding with its initial public offering (IPO) of 13,250,000 shares of Class A common stock, with an expected price range of $18.00 to $21.00 per share. Upon completion, the shares will be listed on the New York Stock Exchange under the symbol 'INR'. The company aims to raise capital and create a public market for its shares, while the underwriters have the option to purchase up to 1,987,500 additional shares within 30 days from the date of this prospectus. The offering has not been previously listed on any public market, and there are inherent risks associated with investing in the Class A common stock. The prospectus highlights the financial and operational data related to the company’s acquisitions, particularly focusing on recent acquisitions like the Utica Resource Ventures and PEO Ohio. It also includes information on the business model, management, and market data relevant to the oil and gas industry.

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Additional details:

Approximate Date Of Commencement Of Proposed Sale: As soon as practicable after this Registration Statement becomes effective


Total Shares Offered: 13,250,000


Expected Initial Public Offering Price Per Share: $18.00 - $21.00


Underwriters Option To Purchase Additional Shares: 1,987,500


Listing Exchange: New York Stock Exchange


Stock Symbol: INR


Risk Factors Section: Beginning on page 31 of this prospectus


Use Of Proceeds Section: Page 72 of this prospectus


Form Type: CORRESP

Filing Date: 2025-01-14

Corporate Action: Ipo

Type: New

Accession Number: 000119312525005680

Filing Summary: Infinity Natural Resources, Inc. has submitted its expected pricing terms for an initial public offering (IPO) of its Class A common stock, indicating a bona fide price range of $18.00 to $21.00 per share, with a midpoint of $19.50 per share. The company plans to offer up to 15,237,500 shares, which includes an over-allotment option of 1,987,500 shares. These details are under consideration in light of recent market volatility and will be included in a future amendment to their Registration Statement on Form S-1. The company is seeking confirmation from the SEC staff to launch the offering with the specified price range.

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Additional details:

Pricing Terms: $18.00 to $21.00


Midpoint: $19.50


Shares Offered: 15,237,500


Over Allotment Shares: 1,987,500


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