Tellurian Inc. has released a statement claiming that it has withdrawn its proposed public offering of 10 million shares of its common stock.
This comes almost immediately after the company first announced the offering.
The CEO of Tellurian, Meg Gentle, said: “"Due to the current market environment and in the interest of achieving the best value for our stockholders, we have decided to withdraw our recently announced public offering of common stock."
Read the article online at: https://www.lngindustry.com/liquefaction/18052017/tellurian-withdraws-public-offering-of-common-stock/