# Tamboran Resources (TBN) down 17.1% post-market Tuesday after saying it commenced an underwritten public offering of more than 2.95M.

*business · news · 2026-04-07 · Seeking Alpha*

## Key points

- Tamboran Resources has launched an underwritten public offering of over 2.95 million common shares.
- Underwriters have an option to purchase up to an additional 15% of the offered shares.
- Tamboran Resources' stock fell 17.1% in post-market trading following the offering announcement.
- The company has not yet disclosed the intended use of proceeds from the share offering.

**Companies:** Tamboran Resources

[Read the full story on Seeking Alpha](https://seekingalpha.com/news/4573148-tamboran-resources-launches-nearly-3m-share-public-offering)

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