TELLURIAN RETURNS TO TAP EQUITY MARKET

摘要

Financing needs to help support growing infrastructure plans prompted Tellurian Inc. (NASDAQ: TELL) to return to the equity market, raising gross proceeds of $118.8 million. An offering of 12 million shares was priced at $9.90 each, down 9% from the prior day close. Late last year, Tellurian priced an offering of 11.5 million shares, including the full overallotment, at $10 each for proceeds of $ 115 million.