secwatch.observer — SEC 8-K summary
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Issuer:     Permian Resources Corp (PR)
CIK:        0001658566
Form:       8-K
Filed at:   2024-05-15T23:59:59+00:00
Accession:  0001193125-24-138941
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Permian Resources prices $852.6M secondary offering at $16.47/share; concurrent unit buyback
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- Offering of 51,765,000 shares by selling stockholders at $16.47/share; company receives no proceeds.
- Concurrent purchase of 1,800,000 OpCo units from certain sellers at same price, cancelling Class C shares.
- Underwriter is Goldman Sachs; closing expected May 15, 2024.
- Sellers include affiliates of EnCap, NGP, Pearl, Riverstone, and a board member.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1658566/000119312524138941/0001193125-24-138941-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1658566/000119312524138941/d107132d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-138941

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer