secwatch.observer — SEC 8-K summary
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Issuer:     Tamboran Resources Corp (TBN)
CIK:        0001997652
Form:       8-K
Filed at:   2026-04-09T23:59:59+00:00
Accession:  0001193125-26-149868
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tamboran raises ~$97.3M net via underwritten offering and institutional entitlement at $35/share
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- Underwritten offering of 2,956,602 shares (plus 30-day option for 443,491) at $35.00, net proceeds ~$97.3M.
- Concurrent registered direct institutional entitlement offering at $35.00/share; expected to close April 14, 2026.
- Proceeds to fund Pilot Area drilling, Orion & Beetaloo Central resource delineation, EP 161 drilling, and working capital.
- Underwritten offering closed April 9, 2026; RBC and Wells Fargo acted as joint book-running managers.
- Total gross proceeds from underwritten offering expected ~$103.5M; dilution of ~2.96M shares (3.4M if option exercised).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1997652/000119312526149868/0001193125-26-149868-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1997652/000119312526149868/d122799d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-149868

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