Devon said it filed a resale prospectus supplement covering up to 37,338,223 shares for the selling stockholders to resell shares of common stock received in connection with the Grayson Mill Acquisition, dated October 3, 2024.

1. 01

   Devon said it filed a resale prospectus supplement covering up to 37,338,223 shares for the selling stockholders to resell shares of common stock received in connection with the Grayson Mill Acquisition, dated October 3, 2024.

2. 02

   The company said the Grayson Mill Acquisition was carried out under a securities purchase agreement dated July 8, 2024, with the company, WPX Energy Williston, LLC, Grayson Mill Holdings II, LLC and Grayson Mill Holdings III, LLC among the parties.

3. 03

   Devon said it entered into a Registration Rights Agreement with the Sellers and certain of their designees at the closing of the Grayson Mill Acquisition, and agreed to file a prospectus supplement with the SEC registering for resale the common stock issued to the Sellers.

4. 04

   Devon said it filed this report to attach as Exhibit 5.1 the opinion letter of Kirkland & Ellis LLP on the validity of the securities covered by the Resale Prospectus Supplement.

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.