other material
confidence high
sentiment positive
materiality 0.75
Tamboran Resources completes IPO of 3.125M shares at $24, raises $75M gross
Tamboran Resources Corp
- IPO of 3,125,000 shares priced at $24.00; gross proceeds $75M before expenses.
- Underwriters have 30-day option to buy up to 468,750 additional shares.
- Issued 489,088 shares to Helmerich & Payne on conversion of 5.5% Convertible Note due 2029.
- Executed Registration Rights and Director Nomination Agreements with Sheffield Holdings (previously disclosed).