secwatch.observer — SEC 8-K summary
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Issuer:     EagleRock Land, LLC (EROK)
CIK:        0002104882
Form:       8-K
Filed at:   2026-05-19T21:17:15+00:00
Accession:  0001193125-26-231118
Event type: other_material
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 2.01, 5.03, 3.02, 3.03, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EagleRock Land completes IPO and reorganization; raises $333.1M net from 19.9M Class A shares at $18.50
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- Sold 17.3M shares (plus 2.595M option) at $18.50; closed May 15 and May 19; net proceeds ~$333.1M used to repay credit facility and for general corporate purposes.
- Reorganization: contributors exchanged cash for Class B shares and assets for OpCo Units; company now sole managing member of OpCo with all operating assets.
- Board expanded to 7 directors: Richard H. Coats chairman; Raj Kumar, Jeff Lott, James Nelson, Stephanie Reed, Michael Wallace appointed; Audit committee formed.
- Adopted Long Term Incentive Plan (13,012,499 Class A shares reserved) and Employee Share Purchase Plan (1,377,784 shares reserved) effective May 15, 2026.
- Registration rights granted to certain holders; 180-day lock-up; special lock-up until $300M gross proceeds sold or 18 months; indemnification agreements signed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2104882/000119312526231118/0001193125-26-231118-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2104882/000119312526231118/d227931d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-231118

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