By LNG World News Tellurian signed a distribution agency agreement with Credit Suisse Securities to list company shares on the Nasdaq capital market for total proceeds of up to US$200 million.
Under the agreement, Tellurian, will set the parameters for the sale of shares, including the number of shares to be issued, the time period during which sales are requested to be made.
The company will also set any limitation on the number of shares that may be sold in any one trading day, and any minimum price below which sales may not be made.
The distribution agreement provides that Credit Suisse will be entitled to
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