---
schema_version: "secwatch.filing_event.v1"
accession: "0001602065-23-000086"
form_type: "8-K"
ticker: null
cik: "0001602065"
company_name: "VNOM Sub, Inc."
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T15:29:04.798890+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Viper Energy Partners closes $750M cash + 9.02M unit acquisition of mineral interests from GRP Energy affiliates

## Summary
- Consideration: $750M cash and ~9.02M Viper common units to affiliates of Warwick Capital Partners and GRP Energy Capital.
- Cash funded by $400M 7.375% senior notes due 2031, $200M from Diamondback for 7.22M units, and credit facility borrowings.
- Acquisition effective October 1, 2023; Sellers received registration rights for the issued common units.
- Viper to file financial statements and pro forma information for the acquired assets within 71 days.

## SEC filing metadata
- accession: 0001602065-23-000086
- form_type: 8-K
- cik: 0001602065
- company_name: VNOM Sub, Inc.
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1602065/000160206523000086/0001602065-23-000086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1602065/000160206523000086/vnom-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001602065-23-000086
- JSON: https://secwatch.observer/filing/0001602065-23-000086.json
- Plain text: https://secwatch.observer/filing/0001602065-23-000086.txt

## Key facts
- M&A Transactions
  VNOM Sub, Inc. completed an acquisition involving Royalty Asset Holdings, LP, Royalty Asset Holdings II, LP and Saxum Asset Holdings, LP for 9,018,760 common units and $750 million in cash (closed 2023-11-01).
  - Action: acquisition
  - Counterparty: Royalty Asset Holdings, LP, Royalty Asset Holdings II, LP and Saxum Asset Holdings, LP
  - Consideration: 9,018,760 common units and $750 million in cash
  - Closing: 2023-11-01
  source text: dated as of September 4, 2023, by and among the Buyer Parties and the Sellers (the “Purchase and Sale Agreement”). The total consideration for the Acquisition consisted of 9,018,760 common units representing limited partnership interests in Viper (the “Common Units”) (the “Common Unit Consideration”) and $750 million in cash (the “Cash Consideration”). The
  evidence_url: https://www.sec.gov/Archives/edgar/data/1602065/000160206523000086/0001602065-23-000086-index.htm
- Material Agreements
  VNOM Sub, Inc. entered into Common Unit Purchase and Sale Agreement with Viper’s parent, Diamondback Energy, Inc. (effective 2023-09-07).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Viper’s parent, Diamondback Energy, Inc.
  - Effective: 2023-09-07
  source text: e of 7,215,007 Common Units to Viper’s parent, Diamondback Energy, Inc. (“Diamondback”), under that certain Common Unit Purchase and Sale Agreement (the “Common Unit Purchase Agreement”) described in Item 1.01 of Viper’s Current Report on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on September 7, 2023 (the “Initial 8-K”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1602065/000160206523000086/0001602065-23-000086-index.htm

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