Brigham Minerals, Inc. has announced the pricing of an underwritten public offering of 4,366,209 shares of its Class A common stock by certain of its stockholders at a price to the public of US$8.20 per share. The selling stockholders have granted the underwriter a 30-day option to purchase up to an additional 654,931 shares of common stock. The offering is expected to close on September 15, 2020, subject to customary closing conditions. Brigham Minerals will not sell any shares of its common stock in the offering and will not receive any proceeds therefrom. Credit Suisse Securities (USA) LLC acted as sole underwriter for the offering.
Latham & Watkins LLP represents the underwriter with a corporate deal team led by Houston partner David Miller, with Houston associates Monica White, Om Pandya, and Kate Wang and Washington, D.C. associate Ashlyn Royall. Advice was also provided on tax matters by Houston partners Tim Fenn and Jim Cole, with Houston associate Chelsea Muñoz-Patchen; on environmental and regulatory matters by Houston partner Joel Mack, with Los Angeles counsel Joshua Marnitz; and on benefits and compensation matters by Washington, D.C. partner Adam Kestenbaum, with Washington, D.C. associate Nikhil Kumar.