Tamboran Resources Limited (AU:TBN) has released an update.
Tamboran Resources Corporation, a Delaware company, has announced its plans for an initial public offering (IPO) of common stock with an option for underwriters to purchase additional shares. The Company's shares represented by CHESS Depository Interests (CDIs) are already listed on the Australian Stock Exchange and Tamboran is seeking to list its common shares on the New York Stock Exchange (NYSE) under the symbol “TBN”. As an emerging growth company, Tamboran seeks to benefit from reduced reporting requirements and the success of the offering is subject to NYSE approval.
For more insights into AU:TBN stock, check out TipRanks' Stock Analysis Page..
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