24 Oct 2025
Tamboran Resources Prices Public Offering of Common Stock at $21 per Share, Expected to Raise $48.8 Million
"Tamboran Resources Corporation has announced a public offering of 2,324,445 shares of Common Stock priced at $21 per share, aiming to raise approximately $48.8 million before expenses. The offering includes a 30-day option for underwriters to purchase an additional 348,666 shares. The closing of the offering is anticipated on October 24, 2025, pending standard conditions. Latham & Watkins LLP provided legal advice for the offering."