Grey Rock stake in Granite Ridge falls to about 39% after 14 million-share distribution - GRNT News | RalliesGrey Rock stake in Granite Ridge falls to about 39% after 14 million-share distribution
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GRNT• Grey Rock ownership declines after share distribution
- Grey Rock affiliates distributed 14 million shares to fund limited partners.
- Grey Rock beneficial ownership fell to about 39% of outstanding common stock.
- Granite Ridge ceased to qualify as a NYSE “controlled company” under listing standards.
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