Tellurian Inc.
Description
Has closed its previously announced public offering of 12 million shares of common stock. Net proceeds from the offering, after deducting estimated fees and expenses, were approximately $115.1 million. Credit Suisse Securities (USA) LLC acted as sole book-running manager for the offering, and Stifel, Cowen and Company, LLC, Seaport Global Securities LLC and Tuohy Brothers Investment Research, Inc. acted as co-managers.
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.