WaterBridge Infrastructure raised $634 million in a U.S. IPO, selling 31.7 million shares at $20 each, valuing the company at $2.3 billion. The IPO comes amidst a busy period for listings, with StubHub, Netskope, and Pattern also set to list. WaterBridge, backed by Five Point, operates in the Delaware Basin, providing water management services for oil companies. J.P. Morgan and Barclays are the lead underwriters.

Read more at Yahoo Finance: Five Point-backed WaterBridge raises $634 million in US IPO