IPO - LandBridge Co LLC
Form Type: POS AM
Filing Date: 2025-03-12
Corporate Action: Ipo
Type: Update
Accession Number: 000119312525052460
Filing Summary: This document represents Post-Effective Amendment No. 1 to Form S-1 Registration Statement under the Securities Act of 1933 for LandBridge Company LLC. It updates previously filed registration details for 56,412,904 Class A shares, primarily for selling shareholders including LandBridge Holdings LLC, which now plans to resell 53,193,178 Class A shares upon redemption of equivalent OpCo Units. It includes details on changes to the offer and selling details, following the effectiveness granted on January 27, 2025. The selling shareholders may publically or privately sell the shares and the company will not receive any proceeds from these sales. The last reported price of Class A shares was $67.70 on March 10, 2025. This filing is necessary to ensure compliance with state securities laws, and the document outlines the plan of distribution and offers.
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Additional details:
Registration Statement Number: 333-284094
Selling Shareholder Names: LandBridge Holdings LLC
Class A Shares Offered: 56,412,904
Class A Shares Redeemed: 53,193,178
Class A Shares Private Placement: 3,219,726
Form Type: S-1
Filing Date: 2024-12-31
Corporate Action: Ipo
Type: New
Accession Number: 000119312524286982
Filing Summary: LandBridge Company LLC filed an S-1 Registration Statement for the offer and sale of up to 59,058,271 Class A shares representing limited liability company interests. This registration statement allows the Selling Shareholders to sell these shares, consisting of 53,227,852 shares redeemable from LandBridge Holdings LLC and 5,830,419 shares issued to other shareholders in a December Private Placement. The Class A shares are listed on the NYSE under the symbol 'LB'. The filing indicates the company is an emerging growth and smaller reporting company and outlines various risks associated with oil and natural gas exploration activities tied to their land. The filing also emphasizes management's reliance on LandBridge Holdings which has substantial control over the company's direction and governance. The registration is positioned to commence effective selling from the effective date of the statement.
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Additional details:
Approximate Date Of Commencement: From time to time on or after the effective date
Class A Shares Offered: 59,058,271
Class B Shares Details: Class B shares have no economic rights but carry voting rights
Last Reported Sales Price: $64.80
Stock Symbol: LB
Risks Identified: Revenues dependent on oil and gas drilling activities, volatility in oil and gas prices, reliance on related entities, management conflicts, and governance structure complexities.
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