Rowley Law PLLC is investigating potential securities law violations by Sitio Royalties Corp. (NYSE: STR) and its board of directors concerning the proposed acquisition of the company by Viper Energy, Inc. (NASDAQ: VNOM), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG). Stockholders will receive 0.4855 shares of Class A common stock of a new holding company for each share of Sitio Royalties Class A common stock that they hold. Unitholders of Sitio Royalties’ operating subsidiary will receive 0.4855 units of Viper Energy’s operating subsidiary and a corresponding amount of Class B common stock of the new holding company for each share of Sitio Royalties Class C common stock that they hold. The transaction is valued at approximately $4.1 billion and is expected to close in the third quarter of 2025.
If you are a stockholder of Sitio Royalties Corp. and are interested in obtaining additional information regarding this investigation, please fill in the contact form on this page. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at info@rowleylawpllc.com, or by telephone at 914-400-1920 or 844-400-4643 (toll-free).
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