Sitio Royalties Corp. has announced that its stockholders have approved the merger with Viper Energy, Inc. The merger is expected to close on August 19, 2025. Upon completion, Sitio stockholders will receive 0.4855 shares of Class A common stock of New Cobra Pubco, Inc. for each share of Sitio Class A common stock they own. Additionally, Sitio Royalties Operating Partnership unitholders will receive 0.4855 common units in Viper Energy Partners LLC and 0.4855 shares of New Viper Class B common stock for each unit they own. Sitio Class A common stock will be suspended from trading on the NYSE prior to market opening on the closing date.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sitio Royalties Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250815712204) on August 18, 2025, and is solely responsible for the information contained therein.