secwatch.observer — SEC 8-K summary
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Issuer:     Tamboran Resources Corp (TBN)
CIK:        0001997652
Form:       8-K/A
Filed at:   2026-08-07T20:06:09+00:00
Accession:  0001193125-26-340239
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tamboran closes Falcon acquisition: 6.54M shares + $23.7M cash; Falcon FY25 net loss $2.6M
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- Acquisition of Falcon Oil & Gas closed May 28, 2026; consideration: 6,537,503 Tamboran shares plus $23.7M cash for non-eligible shareholders.
- Exchange ratio: approximately 0.00687 Tamboran common shares per Falcon share.
- Falcon FY2025: net loss $2.6M, zero revenue, cash $1.3M at Dec 31, 2025; total assets $61.1M.
- Auditor raises substantial doubt on Falcon's going concern; Tamboran provided interim funding and confirmed ongoing support.
- Pro forma combined financials for FY2025 and nine months ended Mar 31, 2026 included in filing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1997652/000119312526340239/0001193125-26-340239-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1997652/000119312526340239/d182759d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-340239

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