Tamboran Resources Corp. Files S-1 Registration Statement

Ticker: TBNRL · Form: S-1 · Filed: May 3, 2024 · CIK: 1997652

Sentiment: neutral

Topics: Tamboran Resources, S-1 Filing, SEC Registration, Public Offering, Emerging Growth Company

TL;DR

<b>Tamboran Resources Corporation has filed an S-1 registration statement with the SEC, indicating plans for a public offering.</b>

AI Summary

Tamboran Resources Corp (TBNRL) filed a IPO Registration (S-1) with the SEC on May 3, 2024. Tamboran Resources Corporation filed an S-1 registration statement with the SEC on May 3, 2024. The company is incorporated in Delaware and its fiscal year ends on June 30. Its principal executive offices are located in Sydney, Australia. The filing is for registration under the Securities Act of 1933. Tamboran Resources Corp. is classified as a non-accelerated filer and an emerging growth company.

Why It Matters

For investors and stakeholders tracking Tamboran Resources Corp, this filing contains several important signals. This S-1 filing is a prerequisite for Tamboran Resources Corp. to offer its securities to the public, signaling a potential move towards becoming a publicly traded entity or raising additional capital. As an emerging growth company and non-accelerated filer, Tamboran Resources Corp. may benefit from certain regulatory accommodations, potentially impacting its reporting and compliance obligations.

Risk Assessment

Risk Level: low — Tamboran Resources Corp shows low risk based on this filing. The filing is an S-1 registration statement, which is a standard procedural step for companies planning to offer securities, and does not contain specific operational or financial performance data that would indicate immediate risk.

Analyst Insight

Monitor future filings from Tamboran Resources Corp. for details on the proposed offering, including the number of shares, pricing, and use of proceeds.

Key Numbers

Key Players & Entities

FAQ

When did Tamboran Resources Corp file this S-1?

Tamboran Resources Corp filed this IPO Registration (S-1) with the SEC on May 3, 2024.

What is a S-1 filing?

A S-1 is a registration statement for initial public offerings, containing the prospectus with business description, financials, and risk factors. This particular S-1 was filed by Tamboran Resources Corp (TBNRL).

Where can I read the original S-1 filing from Tamboran Resources Corp?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Tamboran Resources Corp.

What are the key takeaways from Tamboran Resources Corp's S-1?

Tamboran Resources Corp filed this S-1 on May 3, 2024. Key takeaways: Tamboran Resources Corporation filed an S-1 registration statement with the SEC on May 3, 2024.. The company is incorporated in Delaware and its fiscal year ends on June 30.. Its principal executive offices are located in Sydney, Australia..

Is Tamboran Resources Corp a risky investment based on this filing?

Based on this S-1, Tamboran Resources Corp presents a relatively low-risk profile. The filing is an S-1 registration statement, which is a standard procedural step for companies planning to offer securities, and does not contain specific operational or financial performance data that would indicate immediate risk.

What should investors do after reading Tamboran Resources Corp's S-1?

Monitor future filings from Tamboran Resources Corp. for details on the proposed offering, including the number of shares, pricing, and use of proceeds. The overall sentiment from this filing is neutral.

How does Tamboran Resources Corp compare to its industry peers?

Tamboran Resources Corporation operates in the crude petroleum and natural gas industry.

Are there regulatory concerns for Tamboran Resources Corp?

The filing is made under the Securities Act of 1933, which governs the registration of securities.

Industry Context

Tamboran Resources Corporation operates in the crude petroleum and natural gas industry.

Regulatory Implications

The filing is made under the Securities Act of 1933, which governs the registration of securities.

What Investors Should Do

  1. Review the full S-1 filing for detailed information on Tamboran Resources Corp.'s business, financials, and the proposed securities offering.
  2. Track subsequent SEC filings by Tamboran Resources Corp. for updates on the offering's progress and effectiveness.
  3. Analyze the company's risk factors and management discussion once they are disclosed in more detail within the S-1.

Key Dates

Year-Over-Year Comparison

This is the initial S-1 filing for Tamboran Resources Corp. as of May 3, 2024, and no prior comparable filing data is available within this document.

Filing Stats: 4,633 words · 19 min read · ~15 pages · Grade level 13.6 · Accepted 2024-05-03 17:09:48

Key Financial Figures

Filing Documents

RISK FACTORS

RISK FACTORS 21 CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS 61

USE OF PROCEEDS

USE OF PROCEEDS 64 DIVIDEND POLICY 65 CAPITALIZATION 66

MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS

MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 69 INDUSTRY 84

BUSINESS

BUSINESS 93 MANAGEMENT 124 EXECUTIVE AND DIRECTOR COMPENSATION 130 PRINCIPAL STOCKHOLDERS 141 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 144

DESCRIPTION OF CAPITAL STOCK

DESCRIPTION OF CAPITAL STOCK 147 SHARES ELIGIBLE FOR FUTURE SALE 155 CERTAIN ERISA CONSIDERATIONS 157 MATERIAL U.S. FEDERAL INCOME TAX CONSEQUENCES TO NON-U.S. HOLDERS OF OUR COMMON STOCK 160

UNDERWRITING

UNDERWRITING 164 LEGAL MATTERS 172 EXPERTS 173 WHERE YOU CAN FIND MORE INFORMATION 174 INDEX TO CONSOLIDATED FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION F-1 Through and including, 2024 (the 25 th day after the date of this prospectus), all dealers that effect transactions in our common stock, whether or not participating in this offering, may be required to deliver a prospectus. This delivery requirement is in addition to a dealers obligation to deliver a prospectus when acting as an underwriter and with respect to unsold allotments or subscriptions. You should rely only on the information contained in this prospectus or in any free writing prospectus that we authorize to be distributed to you. We and the underwriters have not authorized anyone to provide you with any information other than that contained in this prospectus or in any free writing prospectus prepared by or on behalf of us or to which we have referred you, and neither we, nor the underwriters take responsibility for any other information others may give you. We are offering to sell, and seeking offers to buy, shares of our common stock only in jurisdictions where such offers and sales are permitted. The information in this prospectus or any free writing prospectus is accurate only as of its date, regardless of its time of delivery or the time of any sale of shares of our common stock. Our business, financial condition, results of operations and prospects may have changed since that date. For investors outside the United States: We and the underwriters have not done anything that would permit a public offering of the securities offered hereby or possession or distribution of this prospectus, any amendment or supplement to this prospectus, or any applicable free writing prospectus in any jurisdiction where action for that purpose is required, other than in the United

Managements Discussion and Analysis of Financial Condition and Results of Operations

Managements Discussion and Analysis of Financial Condition and Results of Operations . ii Table of Contents Trademarks and Trade Names We own or have rights to various trademarks, service marks and trade names that we use in connection with the operation of our business. This prospectus may also contain trademarks, service marks and trade names of third parties, which are the property of their respective owners. Our use or display of third parties trademarks, service marks, trade names or products in this prospectus is not intended to, and does not imply a relationship with, or endorsement or sponsorship by us. Solely for convenience, the trademarks, service marks and trade names referred to in this prospectus may appear without the &reg; , or SM symbols, but such references are not intended to indicate, in any way, that we will not assert, to the fullest extent under applicable law, our rights or the rights of the applicable licensor to these trademarks, service marks and trade names. Rounding and Percentages The financial information and certain other information presented in this prospectus have been rounded to the nearest whole number or the nearest decimal. Therefore, the sum of the numbers in a column may not conform exactly to the total figure given for that column in certain tables in this prospectus. In addition, certain percentages presented in this prospectus reflect calculations based upon the underlying information prior to rounding and, accordingly, may not conform exactly to the percentages that would be derived if the relevant calculations were based upon the rounded numbers or may not sum due to rounding. Currency Exchange Rate Data Our functional currency is the Australian dollar and our consolidated financial statements are presented in U.S. dollar. The functional currency is the currency of the primary economic environment in which an entitys operations are conducted. We translate our consolidated financial statements into the pre

View Full Filing

View this S-1 filing on SEC EDGAR

View on Read The Filing