Tellurian Inc. (NASDAQ: TELL) today reported it had closed a sale of 35,000,000 shares of common stock. The shares, purchased by institutional investors, were sold at $1.00 per share, resulting in a $35 million gross proceed total for Tellurian. ROTH Capital Partners acted as sole placement agent for the offering.
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About Tellurian Inc.
Tellurian is developing a portfolio of natural gas production, LNG trading, and infrastructure that includes an ~27.6 mtpa LNG export facility and an associated pipeline. Tellurian is based in Houston, Texas, and its common stock is listed on the Nasdaq Capital Market under the symbol “TELL”. For more information, visit the company’s website at www.tellurianinc.com.
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