Tamboran Resources Limited (AU:TBN) has released an update.
Tamboran Resources Corporation, a Delaware-based company, has announced its initial public offering (IPO) of 6.5 million shares with an additional option for underwriters to purchase up to 975,000 additional shares. The company, which is listed on the Australian Stock Exchange under the symbol ‘TBN’, has also applied to list its common stock on the New York Stock Exchange. It is poised to attract significant investment, with ‘cornerstone investors’ indicating interest in purchasing up to $22.5 million in shares at the IPO price.
For further insights into AU:TBN stock, check out TipRanks’ Stock Analysis page.
