Skip to content
  1. Home
  2. News
  3. Civitas Resources, Inc. Announces Pricing of Secondary Public Offering of Common Stock By Affiliate of Canada Pension Plan Investment Board

Civitas Resources, Inc. Announces Pricing of Secondary Public Offering of Common Stock By Affiliate of Canada Pension Plan Investment Board

Deals & Cases
May 16, 2024
BoFa Web Post Deals & Cases
Deals & Cases
May 16, 2024

Vinson & Elkins advised BofA Securities, Inc. (“BofA”) in connection with its role as the underwriter in an underwritten public offering of an aggregate of 6,956,520 shares of common stock of Civitas Resources, Inc. (the “Offering”) by a selling stockholder at a price to the public of $73.80 per share.

BofA has a 30-day option to purchase up to an additional 1,043,478 shares of common stock from the selling stockholder. The Offering is expected to settle and close on May 20, 2024, subject to the satisfaction of customary closing conditions.

 

The Vinson & Elkins corporate team was led by partner Thomas Zentner and senior associate Alex Lewis with assistance from associates Cole Leveque, Hope Kaady, Waleed Vohra and Nick Priebe. Other key team members included partner Wendy Salinas and associate Jeff Slusher and partner Matt Dobbins and associate Ryan Vanderlip.

About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 13 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.

For more information, please speak with our media contacts.

Key Contacts