Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material
22 July 2024 - 8:15PM
Edgar (US Regulatory)
UNITED STATES |
SECURITIES AND EXCHANGE COMMISSION |
Washington, D.C. 20549 |
|
SCHEDULE 14A |
Proxy Statement Pursuant to Section 14(a)
of the Securities Exchange Act of 1934
(Amendment No. ) |
|
Filed by the Registrant x |
|
|
Filed by a Party other than the Registrant ¨ |
|
|
Check the appropriate box: |
|
|
¨ |
Preliminary Proxy Statement |
|
|
¨ |
Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
|
|
¨ |
Definitive Proxy Statement |
|
|
¨ |
Definitive Additional Materials |
|
|
x |
Soliciting Material under § 240.14a-12 |
|
|
Tellurian Inc. |
(Name of Registrant as Specified in its Charter) |
|
|
(Name of Person(s) Filing Proxy Statement, if other than the Registrant) |
|
Payment of Filing Fee (Check all boxes that apply): |
|
|
x |
No fee required. |
|
|
¨ |
Fee paid previously with preliminary materials. |
|
|
¨ |
Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. |
The following social media posts were made
by Tellurian Inc. on July 21, 2024:
LinkedIn Post
Today Tellurian Inc. announced
that it has entered into a definitive agreement to be acquired by Woodside Energy Group Ltd. The transaction provides substantial and
certain value for Tellurian shareholders, representing a 75% premium to Tellurian’s closing price on July 19. See our press release
for important information. $TELL hashtag#USLNG hashtag#LNG https://lnkd.in/gtbynPMF
X Post
Today @TellurianLNG announced that it has entered into a definitive
agreement to be acquired by Woodside Energy Group Ltd. The transaction provides substantial and certain value for Tellurian shareholders,
representing a 75% premium to Tellurian’s closing price on July 19. See our press release for important information. $TELL #USLNG
#LNG https://ir.tellurianinc.com/press-releases/detail/291/tellurian-to-be-acquired-by-woodside-for-approximately-900
Additional Information and Where to Find It
Tellurian
Inc. (“Tellurian”), the members of Tellurian’s board of directors and certain of Tellurian’s executive
officers are participants in the solicitation of proxies from stockholders in connection with the transaction described in this communication
(the “Merger”). Tellurian plans to file a proxy statement (the “Transaction Proxy Statement”) with the Securities
and Exchange Commission (the “SEC”) in connection with the solicitation of proxies to approve the Merger. Information regarding
such participants, including their direct or indirect interests, by security holdings or otherwise, will be included in the Transaction
Proxy Statement and other relevant documents to be filed with the SEC in connection with the Merger. Additional information about such
participants is available in Tellurian’s definitive
proxy statement in connection with its 2024 Annual Meeting of Stockholders (the “2024 Proxy Statement”), which
was filed with the SEC on April 25, 2024, under “Proposal
1—Election of Directors to the Company’s Board—Background Information About the Nominees and Other Directors,”
“Proposal
1—Election of Directors to the Company’s Board—Executive Officers,” “Compensation
Discussion and Analysis” and “Security
Ownership of Certain Beneficial Owners and Management.” To the extent that holdings of Tellurian’s securities have
changed since the amounts printed in the 2024 Proxy Statement, such changes have been or will be reflected on Statements of Change in
Ownership on Form 4 filed with the SEC. Information regarding Tellurian’s transactions with related persons is set forth under the
caption “Certain
Relationships and Related Party Transactions” in the 2024 Proxy Statement.
Promptly after filing the definitive Transaction
Proxy Statement with the SEC, Tellurian will mail the definitive Transaction Proxy Statement to each stockholder entitled to vote at the
special meeting to consider the adoption of the Agreement and Plan of Merger, dated as of July 21, 2024, by and among Woodside Energy
Holdings (NA) LLC, Tellurian, and Woodside Energy (Transitory) Inc. (the “Merger Agreement”). STOCKHOLDERS ARE URGED TO READ
THE TRANSACTION PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS THAT TELLURIAN WILL
FILE WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Stockholders may obtain, free of charge,
the preliminary and definitive versions of the Transaction Proxy Statement, any amendments or supplements thereto, and any other relevant
documents filed by Tellurian with the SEC in connection with the Merger at the SEC’s website (http://www.sec.gov). Copies of Tellurian’s
definitive Transaction Proxy Statement, any amendments or supplements thereto, and any other relevant documents filed by Tellurian with
the SEC in connection with the Merger will also be available, free of charge, at Tellurian’s investor relations website (https://tellurianinc.com).
CAUTIONARY INFORMATION ABOUT FORWARD-LOOKING STATEMENTS
This communication contains forward-looking statements
within the meaning of U.S. federal securities laws. The words “anticipate,” “assume,” “believe,” “budget,”
“estimate,” “expect,” “forecast,” “initial,” “intend,” “may,”
“plan,” “potential,” “project,” “proposed,” “should,” “will,”
“would,” and similar expressions are intended to identify forward-looking statements. Forward-looking statements herein relate
to, among other things, the pending Merger, the expected timing of the closing of the Merger and other statements that concern Tellurian’s
expectations, intentions or strategies regarding the future. There can be no assurance that the Merger will in fact be consummated. Known
and unknown risks and uncertainties could cause actual results to differ materially from those indicated in the forward-looking statements,
including, but not limited to: (i) the risk that the Merger may not be completed on the anticipated timeline or at all; (ii) the failure
to satisfy any of the conditions to the consummation of the Merger, including the risk that required approvals from Tellurian’s
stockholders for the Merger or required regulatory approvals to consummate the Merger are not obtained, on a timely basis or at all; (iii)
the occurrence of any event, change or other circumstance or condition that could give rise to the termination of the Merger Agreement,
including in circumstances requiring Tellurian to pay a termination fee; (iv) the effect of the announcement or pendency of the Merger
on Tellurian’s business relationships, operating results and business generally; (v) risks that the Merger disrupts Tellurian’s
current plans and operations; (vi) Tellurian’s ability to retain and hire key personnel and maintain relationships with key business
partners, customers and others with whom it does business; (vii) the diversion of management’s or employees’ attention during
the pendency of the Merger from Tellurian’s ongoing business operations and other opportunities; (viii) the amount of costs, fees,
charges or expenses resulting from the Merger; (ix) potential litigation relating to the Merger; (x) the risk that the price of Tellurian’s
common stock may fluctuate during the pendency of the Merger and may decline significantly if the Merger is not completed; and (xi) other
risks described in Tellurian’s filings with the SEC, including in Item 1A of Part I of the Annual Report on Form 10-K of Tellurian
for the fiscal year ended December 31, 2023, filed by Tellurian with the SEC on February 23, 2024, and other Tellurian filings with the
SEC, all of which are incorporated by reference herein. The forward-looking statements in this communication speak as of the date hereof.
Although Tellurian may from time to time voluntarily update its prior forward-looking statements, it disclaims any commitment to do so
except as required by securities laws.
Tellurian (AMEX:TELL)
Historical Stock Chart
From Oct 2024 to Nov 2024
Tellurian (AMEX:TELL)
Historical Stock Chart
From Nov 2023 to Nov 2024