VG INVESTORS: Kirby McInerney LLP Reminds Venture Global, Inc. Investors of Important Deadline and Encourages Investors to Contact the Firm

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On January 27, 2025, Venture completed the Company's IPO, selling 70 million shares at $24.00 per share.

On February 5, 2025, TotalEnergies, an energy company that was a target customer of Venture, rejected opportunities to become a long-term customer of Venture, citing lack of trust. In particular, TotalEnergies CEO, Patrick Pouyanne, stated that he was approached by Venture to see if TotalEnergies would be interested in a long-term supply contract for liquefied natural gas, but he rejected the offer "because of what they are doing." Currently, Venture faces legal challenges from existing large clients, such as BP (BP Aktie) and Shell (Royal Dutch Shell A Aktie), due to delays in honoring supply contracts as Venture commissions its projects. On this news, the price of Venture shares declined by $2.20 per share, from $19.68 per share on February 5, 2025, to close at $17.48 on February 6, 2025.

The complaint alleges that defendants, throughout the Class Period, failed to account for and address these issues which caused statements in Venture's registration statements to be false and/or materially misleading at the time of the IPO.

If you purchased or otherwise acquired Venture securities, have information, or would like to learn more about this investigation, please contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com or fill out the form below, to discuss your rights or interests with respect to these matters without any cost to you.

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Kirby McInerney LLP is a New York-based plaintiffs' law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm's efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP's website.

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