Tellurian Inc.
Description
Priced a public offering of 12 million shares of its common stock for total gross proceeds to Tellurian of $118.8 million. The company has granted the underwriters a 30-day option to purchase up to 1.8 million additional shares of common stock of the company to cover over-allotments, if any. The company intends to use the net proceeds from this offering for general corporate purposes, including pipeline development and working capital.