UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):January 17, 2017
WildHorse Resource Development Corporation
(Exact name of registrant as specified in its charter)
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| Delaware | | 001-37964 | | 81-3470246 |
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
9805 Katy Freeway, Suite 400
Houston, TX 77024
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code:(713) 568-4910
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
On January 17, 2017, WildHorse Resource Development Corporation (the “Company”) issued and sold 2,297,100 shares of the Company’s common stock, par value $0.01 per share, at an offering price of $15.00 per share pursuant to the partial exercise of the underwriters’ over-allotment option (the “Option Exercise”) in connection with the Company’s initial public offering. The Company received net proceeds of $32.6 million from the Option Exercise, all of which were used to repay outstanding borrowings under the Company’s revolving credit facility.
On January 23, 2017, the Company issued a press release announcing that, subject to market conditions, the Company intended to offer senior unsecured notes due 2025 in a private offering to eligible purchasers. A copy of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated in this Item 8.01 by reference.
The press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
| | |
Exhibit
Number | | Description |
| 99.1 | | Press release dated January 23, 2017 |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| WILDHORSE RESOURCE DEVELOPMENT CORPORATION |
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| By: | | /s/ Kyle N. Roane |
| Name: | | Kyle N. Roane |
| Title: | | Executive Vice President, General Counsel and Corporate Secretary |
Dated: January 23, 2017
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EXHIBIT INDEX
| | |
Exhibit
Number | | Description |
| 99.1 | | Press release dated January 23, 2017 |
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