LandBridge Announces Completion of Conversion and Redomestication in Texas
Key Highlights
- ➤LandBridge completed conversion and redomestication from Delaware LLC to Texas corporation
- ➤Class A interests converted one-for-one into Class A common stock
- ➤NYSE and NYSE Texas began trading Class A Common Stock under existing LB ticker
- ➤Potential index inclusion could broaden investors, improve liquidity and increase visibility
- ➤Conversion changed no business operations, assets, liabilities, employees or management
LandBridge Announces Completion of Conversion and Redomestication in Texas
LandBridge Corporation (NYSE: LB; NYSE Texas: LB) (“LandBridge” or the “Company”) today announced that it has completed its previously announced conversion and redomestication from a Delaware limited liability company with the name of LandBridge Company LLC to a Texas corporation with the name of LandBridge Corporation (the “Conversion and Redomestication”). The Conversion and Redomestication was approved by the Company’s Board of Directors (the “Board”) upon the recommendation of a special committee of independent directors and the holder of a majority of shares representing limited liability company interests in the Company.
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