Reported Earlier, LandBridge IPO Raises $270.9M At $17/Share, Shares Now Trading on NYSE
Portfolio Pulse from Benzinga Newsdesk
LandBridge Company LLC raised $270.9 million through its IPO and concurrent private placement, with shares now trading on the NYSE under the ticker symbol 'LB'.

July 02, 2024 | 7:07 am
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LandBridge Company LLC successfully raised $270.9 million through its IPO and concurrent private placement. The shares are now trading on the NYSE under the ticker symbol 'LB'.
The successful IPO and concurrent private placement indicate strong investor interest and provide significant capital for LandBridge. This is likely to positively impact the stock price in the short term as the market reacts to the new listing and the company's increased financial resources.
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IMPORTANCE 90
RELEVANCE 100