Permian Resources announces secondary offering of 20.3M shares; merger special meeting set for Oct 30

Permian Resources Corp

Secondary offering of 20,300,000 Class A shares by NGP affiliates; company receives no proceeds.
Underwriters granted 30-day option to purchase up to additional 3,045,000 shares.
Concurrent purchase of 2,200,000 OpCo Units from selling stockholders at offering price.
Special meeting for Earthstone merger scheduled for Oct 30, 2023; record date Sep 20.
Pro forma financials filed show combined net assets of $14.3B as of Jun 30, 2023.

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