Home Jurisdiction Talos Energy announces the price of its secondary public offering of common shares

Talos Energy announces the price of its secondary public offering of common shares



HOUSTON, November 8, 2021 / PRNewswire / – Talos Energy Inc. (NYSE: TALO) (“Talos” or the “Company”) today announced the price of a subscribed public offering for a total of 6,000,000 common shares ( the “Offer”) by certain subsidiaries of Apollo Global Management and Riverstone Holdings LLC (the “Selling Shareholders”). Talos does not sell any common shares under the Offer and will not receive any proceeds from the sale of shares by the Selling Shareholders. The Offer is expected to close on November 12, 2021, subject to customary closing conditions.

(PRNewsfoto / Talos Energy)

JP Morgan is acting as the sole subscriber for the Offer. The Underwriter may offer the Common Shares from time to time for sale in one or more transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at market prices. prevailing market at the time of sale, at prices linked to prevailing market prices or at negotiated prices. The underwriter will have a 30 day option to purchase up to 900,000 additional common shares of AP Talos Energy LLC.

Registration statements relating to these securities have been filed and declared effective by the United States Securities and Exchange Commission (the “SEC”). The Offer is being made only by means of a prospectus supplement and the accompanying base prospectuses. Before investing, potential investors should read the prospectus supplement, the accompanying base prospectuses and the documents incorporated by reference therein for more complete information about the Company and the Offer. Copies of the preliminary prospectus supplement and the base prospectuses relating to the offering, as well as copies of the final prospectus supplement when available, may be obtained from JP Morgan Securities LLC c / o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, phone: 1-212-834-4533, or by email: prospectus-eq_fi@jpmchase.com.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, and there will be no sale of any securities in any state or jurisdiction in which such an offer, solicitation or sale would be illegal. prior to registration or qualification under the securities laws of any such state or jurisdiction.


Talos Energy (NYSE: TALO) is an independent exploration and production company technically focused on the safe and efficient maximization of long-term value through its operations, currently in United States and off Mexico, both upstream through oil and gas exploration and production and downstream through the development of future carbon capture and storage opportunities. As one of the Gulf of Mexico Largest independent public producers, we leverage decades of technical and offshore operational expertise to acquire, explore and develop assets in key geological trends that are present in many offshore basins around the world. With a focus on environmental stewardship, we also use our expertise to explore opportunities to reduce industrial emissions through our collaborative arrangements on carbon capture and storage along the Gulf of States coast. United and Gulf of Mexico. For more information visit www.talosenergy.com.


Sergio Maiworm


This communication contains “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995. “expect”, “plan”, “anticipate”, “may”, “objective”, “plan” and the expressions Similar statements are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. All statements, other than statements of historical fact included in this communication, are forward-looking statements, including, but not limited to, statements regarding the expected closing of the offer. These forward-looking statements are based on our current expectations and assumptions about future events and are based on information currently available as to the outcome and timing of future events.

We caution you that these forward-looking statements are subject to many risks and uncertainties, most of which are difficult to predict and many of which are beyond our control. These risks include, without limitation, the risks and uncertainties related to economic, market or commercial conditions, to the satisfaction of the usual closing conditions related to the Offer and to other risk factors as detailed in time. to other in the Company’s reports filed with the SEC.

If one or more of these risks or uncertainties occur, or if the underlying assumptions prove to be incorrect, our actual results and plans could differ materially from those expressed in the forward-looking statements. All forward-looking statements, express or implied, included in this communication are expressly qualified in their entirety by this cautionary statement. All forward-looking statements speak only as of the date of this communication. Except as otherwise provided by applicable law, we disclaim any obligation to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of such communication.



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SOURCE Talos Energy



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