Stockholders' Equity

12 Months Ended

Dec. 31, 2023

Equity [Abstract]

Stockholders' Equity

Note 12 — Stockholders' Equity

Common Stock Purchase Agreements

On February 3, 2023, the Company entered into a common stock purchase agreement (the “Stock Purchase Agreement”) for a private placement with HGC NEXT INV LLC and Ninteenth Investment Company LLC, pursuant to which the Company sold an aggregate of 5.8 million shares of the Company common stock for aggregate proceeds of $35.0 million.

On June 13, 2023, the Company entered into a common stock purchase agreement for three private placements with Global LNG North America Corp., an affiliate of TotalEnergies SE pursuant to which we agreed to sell an aggregate of 17.5% of the Company's common stock outstanding by the closing of third private placement. In aggregate, the Company sold approximately 44.9 million shares for aggregate proceeds of approximately $219.4 million. The details of the three private placements are as follows:

•Approximately 8.0 million shares were sold for proceeds of $40.0 million on June 14, 2023.

•Approximately 22.1 million shares were sold for proceeds of $110.0 million on July 26, 2023.

•Approximately 14.8 million shares were sold for proceeds of $69.4 million on September 8, 2023.