Venture Global’s pre-IPO pricing at $25 a share valued the Gulf Coast LNG operator at some $65 billion, but shares fell below $25 by about 3% in trading Jan. 24.

Liquefied natural gas exporter Venture Global said on Thursday it had raised $1.75 billion, marking the first big initial public offering of President Donald Trump's second term as investors bet on his plan to boost U.

Venture Global LNG has successfully raised $1.75 billion through its U.S. IPO after pricing 70 million shares at $25 each. The offering was adjusted from an initial plan of 50 million shares priced at $40 to $46 to

LNG exporter Venture Global nearly halved the price per share, while increasing the number of shares it expects to offer.

By Manya Saini (Reuters) -LNG exporter Venture Global on Wednesday slashed the valuation it was seeking from its U.S. initial public offering to as much as $65.33 billion, significantly lower than the more than $100 billion it had initially aimed.

Liquefied natural gas producer Venture Global slashed the proposed range for its IPO on Wednesday, lowering the valuation it sought to ~$65B from the initial target of $110B at the top of the previous range.

The company plans to increase its share offering from 50 million to up to 62 million in its potential New York flotation.

Venture Global is seeking up to $110.38 billion valuation in its New York initial public offering, the second-largest U.S. liquefied natural gas producer said on Monday, setting the stage for the first blockbuster stock market flotation in 2025.