Sitio Royalties Corporation has announced a merger agreement that will result in the company ceasing to be publicly traded. The company filed a definitive proxy statement with the SEC for a special stockholders meeting scheduled for August 18, 2025, to vote on the merger proposals. However, several complaints have been filed against Sitio and its executives, seeking to prevent the merger unless additional information is disclosed. In response, Sitio has decided to voluntarily supplement the proxy statement to address these disclosure claims. The company emphasized that this decision is made to mitigate litigation risks and provide further details to its stockholders.
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