Akin Advises Viper Energy in $264 Million Secondary Common Stock Offering
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(Dallas and Houston) – Akin advised Viper Energy, Inc. (NASDAQ: VNOM) in the underwritten public offering of 9,0118,760 shares of its Class A common stock by the selling stockholder in a secondary stock offering, which included the simultaneous repurchase by Viper of 1,000,000 shares of its Class A common stock as part of its stock repurchase program. The gross proceeds to the selling stockholder from the sale of the shares in this offering were approximately $264 million.
The Akin team was led by corporate partner John Goodgame and senior counsel Irina Maistrenko, and included tax partners Alison Chen and Julia Pashin and counsel Aaron Vera; and corporate associates Mary Kate Thompson, Morgan Francy and Taylor Williams.
More details on the transaction can be found here.
Akin is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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