- Infinity Natural Resources (INR) on Thursday announced the pricing of its initial public offering of 13.25M shares of Class A common stock at a price to the public of $20 per share.
- Shares of Common Stock are expected to begin trading on NYSE under the ticker symbol “INR.”
- The offering is expected to close on February 3.
- Infinity expects to receive net proceeds of about $238.6 million and intends to use the net proceeds to repay indebtedness, with any remainder for general corporate purposes.
- Source: Press Release