m_and_a
confidence high
sentiment neutral
materiality 0.90
Sitio stockholders approve merger with Viper Energy; closing expected August 19, 2025
Sitio Royalties Corp.
- Merger Proposal approved: 130,700,871 For, 366,763 Against, 148,537 Abstentions.
- Sitio Class A holders to receive 0.4855 shares of New Viper Class A per share.
- Sitio Opco unitholders get 0.4855 common units in Viper Opco plus 0.4855 New Viper Class B shares.
- Class C common stock canceled for no consideration; Class A common stock to be suspended from NYSE before market open on August 19.
- Anticipated closing date of the merger is August 19, 2025.
item 5.07item 7.01item 9.01