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Tellurian (TELL) Announces Stock Offering, Size not Disclosed

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Tellurian Announces Public Offering of Common Stock

August 3, 2021 4:10 PM EDT

HOUSTON--(BUSINESS WIRE)-- Tellurian Inc. (Tellurian or the Company) (Nasdaq: TELL) today announced that it intends to offer for sale shares of its common stock in an underwritten public offering. The Company also expects to grant the underwriter of the offering a 30-day option to purchase additional shares of common stock of the Company to cover over-allotments, if any. The Company intends to use the net proceeds from the offering for general corporate purposes, including the potential acquisition of upstream assets.

B. Riley Securities, Inc. is acting as the sole... More