09:47 AM EST, 01/22/2025 (MT Newswires) -- Venture Global (VG) said Wednesday in a regulatory filing that it plans to offer 70 million class A shares in a planned IPO at between $23 and $27 per share.

The LNG company had said in a regulatory filing on Jan. 13 it planned to offer 50 million class A shares at between $40 and $46 per share.

The company said in the latest filing it expects net proceeds from the sale to be about $1.67 billion, or about $1.92 billion if the underwriters exercise their option to buy additional shares in full, assuming an IPO price of $25 per share.

The underwriters have been give an option for a 30-day period to buy up to an additional 10.5 million shares.

Net proceeds from the offering will be for general corporate purposes, Venture Global said.

The company plans to list the shares on the New York Stock Exchange under the ticker "VG."