INFINITY NATURAL RESOURCES INC
Filed Oct 4, 2024.
View on SEC.govAbout this filing
A company's registration of shares for sale to the public, often for a first offering. It describes the business, its risks and how the company plans to use the money.
period unavailable · Filed Oct 4, 2024
Contents
Capitalization
The following table sets forth our cash position and capitalization as of June 30, 2024:
| • | on an actual basis for our predecessor; and |
| • | on an as adjusted basis to give effect to the reorganization described under “Corporate Reorganization” and this offering at an assumed initial public offering price of $ per share (the midpoint of the range set forth on the cover of this prospectus), including the application of the net proceeds as set forth under “Use of Proceeds.” |
The information set forth in the table below is illustrative only and will be adjusted based on the actual initial public offering price and other final terms of this offering. This table should be read in conjunction with, and is qualified in its entirety by reference to, the “Use of Proceeds” section and our financial statements and related notes appearing elsewhere in this prospectus.
| Actual | As Adjusted(1) | |
|---|---|---|
| (in thousands, except sharesand par value) | ||
| Cash and cash equivalents | $6,861 | $ |
| Debt: | ||
| Prior Credit Facility(2) | $187,464 | $ |
| Notes Payable | 214 | |
| Total Indebtedness | $187,678 | $ |
| Members’ equity/stockholders’ equity: | ||
| Members’ equity | $468,970 | $ |
| Class A common stock—$0.01 par value; no shares authorized, issued or outstanding, actual; shares authorized, shares issued and outstanding, pro forma | — | |
| Class B common stock—$0.01 par value; no shares authorized, issued or outstanding, actual; shares authorized, shares issued and outstanding, pro forma | — | |
| Additional paid-in capital | — | |
| Retained earnings | — | |
| Non-controlling interest | — | |
| Total members’ equity/stockholders’ equity | $468,970 | $ |
| Total capitalization | $656,648 | $ |
| (1) | A $1.00 increase (decrease) in the assumed initial public offering price of $ per share, which is the midpoint of the price range set forth on the cover page of this prospectus, would increase (decrease) additional paid-in capital, total stockholders’ equity and total capitalization by approximately $ million, $ million and $ million, respectively, assuming that the number of shares offered by us, as set forth on the cover page of this prospectus, remains the same, after deducting the estimated underwriting discounts and commissions payable by us. We may also increase or decrease the number of shares we are offering. An increase (decrease) of one million shares offered by us at an assumed offering price of $ per share, which is the midpoint of the price range set forth on the cover page of this prospectus, would increase (decrease) additional paid-in capital, total stockholders’ equity and total capitalization by approximately $ million, $ million and $ million, respectively, after deducting the estimated underwriting discounts and commissions and estimated offering expenses payable by us. |
| (2) | On September 25, 2024, we entered into the Credit Facility and repaid and extinguished the Prior Credit Facility. As of , 2024, we had $ million of borrowings outstanding under the Credit Facility. |
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