other material
confidence high
sentiment neutral
materiality 0.55
Infinity Natural Resources IPO over-allotment fully exercised; net proceeds $37.4M
INFINITY NATURAL RESOURCES, INC.
- Underwriters purchased additional 1,987,500 shares at $20.00/share, netting $37,365,000.
- Over-allotment option exercise closed on February 6, 2025.
- IPO originally of 13,250,000 shares; total shares now 15,237,500.
- Citigroup, Raymond James, and RBC Capital Markets led the offering as joint book-runners.