---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-175094"
form_type: "8-K"
ticker: "LB"
cik: "0001995807"
company_name: "LandBridge Co LLC"
filed_at: "2024-07-03T23:59:59+00:00"
generated_at: "2026-05-31T23:37:01.231676+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# LandBridge completes IPO of 14.5M Class A shares at $17.00, raises $258.4M net

## Summary
- IPO priced at $17.00/share; 14.5M shares sold plus 2.175M overallotment; net proceeds $258.4M after underwriting discounts.
- Concurrent private placement of 750,000 Class A shares to accredited investor for gross proceeds of $12.8M.
- Proceeds used to repay credit facility and make distribution to LandBridge Holdings following reorganization.
- Board of directors appointed: 10 members, including 3 independent directors; Audit Committee formed with chair Valerie P. Chase.
- Shareholder's agreement grants LandBridge Holdings board designation rights while owning ≥10% of shares; LTIP adopted with 3.6M shares reserved.

## SEC filing metadata
- accession: 0001193125-24-175094
- form_type: 8-K
- ticker: LB
- cik: 0001995807
- company_name: LandBridge Co LLC
- filed_at: 2024-07-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 5.03, 5.02, 3.02, 3.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1995807/000119312524175094/0001193125-24-175094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1995807/000119312524175094/d685929d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-175094
- JSON: https://secwatch.observer/filing/0001193125-24-175094.json
- Plain text: https://secwatch.observer/filing/0001193125-24-175094.txt

## Key facts
- Executive change
  Ben Moore was appointed as Director at LandBridge Co LLC.
  - Action: appointed
  - Role: Director
  source text: David N. Capobianco was appointed as chairman of the Board, and Jason Long, Matthew K. Morrow, Michael S. Sulton, Frank Bayouth, Kara Goodloe Harling, Ben Moore, Charles Watson, Ty Daul and Valerie P. Chase were appointed as members of the board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1995807/000119312524175094/0001193125-24-175094-index.htm
- Executive change
  Michael S. Sulton was appointed as Director at LandBridge Co LLC.
  - Action: appointed
  - Role: Director
  source text: David N. Capobianco was appointed as chairman of the Board, and Jason Long, Matthew K. Morrow, Michael S. Sulton, Frank Bayouth, Kara Goodloe Harling, Ben Moore, Charles Watson, Ty Daul and Valerie P. Chase were appointed as members of the board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1995807/000119312524175094/0001193125-24-175094-index.htm
- Executive change
  Jason Long was appointed as Director at LandBridge Co LLC.
  - Action: appointed
  - Role: Director
  source text: David N. Capobianco was appointed as chairman of the Board, and Jason Long, Matthew K. Morrow, Michael S. Sulton, Frank Bayouth, Kara Goodloe Harling, Ben Moore, Charles Watson, Ty Daul and Valerie P. Chase were appointed as members of the board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1995807/000119312524175094/0001193125-24-175094-index.htm
- Executive change
  Frank Bayouth was appointed as Director at LandBridge Co LLC.
  - Action: appointed
  - Role: Director
  source text: David N. Capobianco was appointed as chairman of the Board, and Jason Long, Matthew K. Morrow, Michael S. Sulton, Frank Bayouth, Kara Goodloe Harling, Ben Moore, Charles Watson, Ty Daul and Valerie P. Chase were appointed as members of the board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1995807/000119312524175094/0001193125-24-175094-index.htm
- Executive change
  David N. Capobianco was appointed as Chairman of the Board at LandBridge Co LLC.
  - Action: appointed
  - Role: Chairman of the Board
  source text: David N. Capobianco was appointed as chairman of the Board, and Jason Long, Matthew K. Morrow, Michael S. Sulton, Frank Bayouth, Kara Goodloe Harling, Ben Moore, Charles Watson, Ty Daul and Valerie P. Chase were appointed as members of the board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1995807/000119312524175094/0001193125-24-175094-index.htm
- Executive change
  Kara Goodloe Harling was appointed as Director at LandBridge Co LLC.
  - Action: appointed
  - Role: Director
  source text: David N. Capobianco was appointed as chairman of the Board, and Jason Long, Matthew K. Morrow, Michael S. Sulton, Frank Bayouth, Kara Goodloe Harling, Ben Moore, Charles Watson, Ty Daul and Valerie P. Chase were appointed as members of the board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1995807/000119312524175094/0001193125-24-175094-index.htm
- Executive change
  Ty Daul was appointed as Director at LandBridge Co LLC.
  - Action: appointed
  - Role: Director
  source text: David N. Capobianco was appointed as chairman of the Board, and Jason Long, Matthew K. Morrow, Michael S. Sulton, Frank Bayouth, Kara Goodloe Harling, Ben Moore, Charles Watson, Ty Daul and Valerie P. Chase were appointed as members of the board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1995807/000119312524175094/0001193125-24-175094-index.htm
- Executive change
  Matthew K. Morrow was appointed as Director at LandBridge Co LLC.
  - Action: appointed
  - Role: Director
  source text: David N. Capobianco was appointed as chairman of the Board, and Jason Long, Matthew K. Morrow, Michael S. Sulton, Frank Bayouth, Kara Goodloe Harling, Ben Moore, Charles Watson, Ty Daul and Valerie P. Chase were appointed as members of the board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1995807/000119312524175094/0001193125-24-175094-index.htm
- Executive change
  Charles Watson was appointed as Director at LandBridge Co LLC.
  - Action: appointed
  - Role: Director
  source text: David N. Capobianco was appointed as chairman of the Board, and Jason Long, Matthew K. Morrow, Michael S. Sulton, Frank Bayouth, Kara Goodloe Harling, Ben Moore, Charles Watson, Ty Daul and Valerie P. Chase were appointed as members of the board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1995807/000119312524175094/0001193125-24-175094-index.htm
- Executive change
  Valerie P. Chase was appointed as Director at LandBridge Co LLC.
  - Action: appointed
  - Role: Director
  source text: David N. Capobianco was appointed as chairman of the Board, and Jason Long, Matthew K. Morrow, Michael S. Sulton, Frank Bayouth, Kara Goodloe Harling, Ben Moore, Charles Watson, Ty Daul and Valerie P. Chase were appointed as members of the board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1995807/000119312524175094/0001193125-24-175094-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.