Desert Peak Minerals (DPM) Launches 10M Share IPO at $20-$23/sh

October 28, 2021 7:18 AM EDT

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(Updated - October 28, 2021 8:05 AM EDT)

Desert Peak Minerals Inc. (NYSE: DPM) announced today that it has launched an all primary initial public offering of 10,000,000 shares of its Class A common stock ("common stock") at an anticipated initial offering price between $20.00 and $23.00 per share pursuant to a registration statement on Form S-1 previously filed with the Securities and Exchange Commission (the "SEC"). In addition, Desert Peak intends to grant the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of its common stock. The shares have been authorized for listing on the New York Stock Exchange under the ticker symbol "DPM," subject to official notice of issuance.

Barclays Capital Inc., Credit Suisse Securities (USA) LLC and UBS Securities LLC are acting as lead book-running managers for the offering. The offering of these securities will be made only by means of a prospectus that meets the requirements of Section 10 of the Securities Act of 1933, as amended. A copy of the preliminary prospectus may be obtained from any of the following sources:

Barclays Capital Inc. c/o Broadridge Financial Solutions1155 Long Island AvenueEdgewood, NY 11717Telephone: (888) 603-5847barclaysprospectus@broadridge.com

Credit Suisse Securities (USA) LLCAttention: Prospectus Department6933 Louis Stephens DriveMorrisville, NC 27560Telephone: 1-800-221-1037usa.prospectus@credit-suisse.com

UBS Securities LLCAttention: Prospectus Department1285 Avenue of the AmericasNew York, NY 10019Telephone: (888) 827-7275ol-prospectus-request@ubs.com



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