Tamboran Resources Corporation downsized its IPO, pricing 3.125 million shares at $24 each, below the initial range. The stock debuted on Thursday at $22.50. Following its NYSE debut, shares fell by 6%. In contrast, Permian Basin's LandBridge IPO priced shares below expectations to raise $246.5 million.
Permian Basin's LandBridge misses IPO target, pricing shares below a marketed range to raise $246.5 million https://t.co/0F8qNiQL0s
Permian Basin's LandBridge misses IPO target, pricing shares below a marketed range to raise $246.5 million https://t.co/LGwlpRke82
LIVE on NYSE TV 🎙️ Join us in celebrating Tamboran Resources joining the NYSE Community! (NYSE: TBN) @Tamboran_TBN $TBN.AX https://t.co/9vqg4F1bNE
Bryan Sheffield-backed Tamboran's shares fall 6% in NYSE debut https://t.co/OaDIQKm2kL https://t.co/pKgPR2u8lF
Tamboran Resources Corporation (TBN) priced 3.125mm shares (downsized from 6.5mm) at $24.00 (low-end of the range) and opened at $22.50 $TBN
Australian-listed natural gas E&P Tamboran Resources prices downsized US IPO at $24 low end $TBN $IPO #IPO https://t.co/wfCSJnuqmR
Tamboran Resources Corporation (TBN) priced 3.125mm shares (downsized from 6.5mm) at $24.00 (low-end of the range) and will debut on Thursday. #IPO $TBN