{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-284426","form_type":"8-K","ticker":"LB","cik":"0001995807","company_name":"LandBridge Co LLC","filed_at":"2024-12-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.534291+00:00","generated_at":"2026-05-28T23:26:09.795860+00:00","sec_items":["1.01","2.01","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"LandBridge closes ~46K-acre Wolf Bone Ranch acquisition for $245M; raises $350M equity","bullets":["Acquired ~46,000 surface acres in Reeves and Pecos Counties, Texas for $245M cash; funded by $200M private placement and $45M term loan draw.","Private placement of 5,830,419 Class A shares at $60.03/sh raised gross proceeds of $350M; $150M used to repurchase OpCo units from sponsor with no shareholder dilution.","VTX Energy provided a minimum annual revenue commitment of $25M for each of the next five years on the acquired land.","Total Delaware Basin holdings now ~273,000 surface acres; company reaffirms 2025 Adjusted EBITDA guidance of $170M–$190M.","Registration rights agreement filed covering resale of the 5,830,419 Class A shares issued in the private placement."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-284426","json":"https://secwatch.observer/filing/0001193125-24-284426.json","markdown":"https://secwatch.observer/filing/0001193125-24-284426.md","text":"https://secwatch.observer/filing/0001193125-24-284426.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1995807/000119312524284426/0001193125-24-284426-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1995807/000119312524284426/d917931d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T23:26:09.795860+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}