secwatch.observer — SEC 8-K summary
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Issuer:     VNOM Sub, Inc. (—)
CIK:        0001602065
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001602065-23-000086
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1602065/000160206523000086/0001602065-23-000086-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1602065/000160206523000086/vnom-20231101.htm
  HTML page:      https://secwatch.observer/filing/0001602065-23-000086

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