Current Report Filing (8-k)
January 27 2023 - 4:06PM
Edgar (US Regulatory)
0000061398
false
0000061398
2023-01-27
2023-01-27
0000061398
us-gaap:CommonStockMember
2023-01-27
2023-01-27
0000061398
tell:SeniorNotes8.25PercentDue2028Member
2023-01-27
2023-01-27
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C.
20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13
or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): |
January 27, 2023 |
|
Tellurian
Inc.
(Exact name of registrant
as specified in its charter)
Delaware |
|
001-5507 |
|
06-0842255 |
(State
or other jurisdiction of incorporation) |
|
(Commission
File Number) |
|
(I.R.S.
Employer Identification No.) |
1201
Louisiana Street, Suite
3100, Houston,
TX |
|
77002 |
(Address
of principal executive offices) |
|
(Zip
Code) |
Registrant’s telephone number, including
area code: |
(832)
962-4000 |
|
(Former name or former
address, if changed since last report)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
|
Trading
Symbol(s) |
|
Name of each exchange on which registered |
Common
stock, par value $0.01 per share |
|
TELL |
|
NYSE
American LLC |
|
|
|
|
|
8.25%
Senior Notes due 2028 |
|
TELZ |
|
NYSE
American LLC |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging
growth company ¨
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 1.01 | Entry into a Material Definitive Agreement. |
On January 27, 2023, a wholly
owned subsidiary of the Company, Driftwood LNG LLC (“Driftwood LNG”), entered into a second amendment (the “Second
Gunvor Amendment”) to the previously announced LNG Sale and Purchase Agreement (as amended, the “LNG SPA”)
with Gunvor Singapore Pte Ltd, a company incorporated in Singapore (“Gunvor”), dated May 27, 2021, which was previously
amended on December 30, 2022. The Second Gunvor Amendment amended the LNG SPA such that:
| · | the conditions precedent deadline of January 31, 2023 has been changed to February 28, 2023; and |
| · | the end date for the period during which Driftwood LNG must provide Gunvor with five days’ prior
written notice of the date that all of the conditions precedent are satisfied has been changed from January 31, 2023 to February 28, 2023. |
The foregoing description
of the Second Gunvor Amendment is not complete and is qualified in its entirety by reference to the full text of the Second Gunvor Amendment,
a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
|
TELLURIAN INC. |
|
|
|
Date: January 27, 2023 |
By: |
/s/ L. Kian Granmayeh |
|
Name: |
L. Kian Granmayeh |
|
Title: |
Executive Vice President and Chief Financial Officer |
Tellurian (NASDAQ:TELL)
Historical Stock Chart
From Aug 2024 to Sep 2024
Tellurian (NASDAQ:TELL)
Historical Stock Chart
From Sep 2023 to Sep 2024