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Venture Global initially planned to offer 50 million of its Class A common stock priced between $40 and $46 each, seeking to raise up to $2.3 billion. Based on
Venture Global’s founders, Robert Pender and Michael Sabel, control Venture Global Partners II, or VG Partners, which is the company’s controlling stockholder.
Prior to this offering, VG Partners owned about 84 percent of all series of Venture Global’s common stock outstanding.
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