Venture Global announced on Thursday the pricing of its IPO of 70 million shares of its Class A common stock, par value $0.01 at a public offering price of $25 ...
Venture Global’s market value will reach $60.5 billion.
Last month, Venture Global filed for the IPO. The company also revealed plans to boost its export capacity to 104.4 mtpa via five projects by 2034.
Venture Global’s founders, Robert Pender and Michael Sabel, control Venture Global Partners II, or VG Partners, which is the company’s controlling stockholder.
Prior to this offering, VG Partners owned about 84 percent of all series of Venture Global’s common stock outstanding.
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