Tellurian’s $13.5 Million Common Stock Offering

Davis Polk advised T.R. Winston & Company, LLC as placement agent for the offering. Davis Graham & Stubbs advised Tellurian.

Tellurian Inc. closed its direct offering of 2,114,591 shares of common stock, at an offering price of $6.36 per share. Net proceeds from the Offering, after deducting estimated fees and expenses, were approximately $13.1 million.. The shares are listed on the Nasdaq Capital Market under the symbol “TELL.”

Tellurian is developing a liquefied natural gas terminal facility and an associated pipeline in Southwest Louisiana.

The Davis Polk corporate team included partner Derek Dostal (Picture) and associates Arisa Akashi and Yushen Liu. The tax team included partner Po Sit and associate Ben Levenback.

Involved fees earner: Arisa Akashi – Davis Polk & Wardwell; Derek Dostal – Davis Polk & Wardwell; Ben Levenback – Davis Polk & Wardwell; Yushen Liu – Davis Polk & Wardwell; Po Sit – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: T.R. Winston & Company;