---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-025997"
form_type: "8-K"
ticker: "TBN"
cik: "0001997652"
company_name: "Tamboran Resources Corp"
filed_at: "2025-05-15T23:59:59+00:00"
generated_at: "2026-05-21T06:04:37.990854+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Tamboran raises $55.4M via PIPE, sells 100K acres to DWE for $15M

## Summary
- PIPE of 3.1M shares at $17.74/share; $44.4M expected to close May 16, 2025, $11M subject to shareholder approval.
- DWE to acquire non-operating interest in 100,000 acres for $15M ($150/acre) under Asset Sale Agreement.
- Second Amended JVSA completed; Tamboran retains ~1.9M net prospective acres across Beetaloo Basin.
- Tamboran to hold 58.12% operated interest in 236,370 net acres of Phase 2 Development Area post-transaction.
- Proceeds to fund development of Beetaloo Basin assets targeting Australian East Coast gas market.

## SEC filing metadata
- accession: 0001628280-25-025997
- form_type: 8-K
- ticker: TBN
- cik: 0001997652
- company_name: Tamboran Resources Corp
- filed_at: 2025-05-15T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1997652/000162828025025997/0001628280-25-025997-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1997652/000162828025025997/trc-20250512.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-025997
- JSON: https://secwatch.observer/filing/0001628280-25-025997.json
- Plain text: https://secwatch.observer/filing/0001628280-25-025997.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.