Kodiak Gas Services Announces Pricing of Upsized Offering of Common Stock by Selling Stockholder
Kodiak Gas Services, Inc. (KGS)
Company Research
Source: Business Wire
THE WOODLANDS, Texas--(BUSINESS WIRE)--Kodiak Gas Services, Inc. (NYSE: KGS) (“Kodiak” or the “Company”) today announced the pricing of an upsized underwritten public offering (the “Offering”) of 5,708,885 shares of its common stock by an affiliate of the funds known as EQT Infrastructure III and EQT Infrastructure IV (the “selling stockholder”) at a price to the public of $34.50 per share. The selling stockholder granted the underwriters a 30-day option to purchase up to an additional 856,332 shares of the Company’s common stock. Kodiak will not sell any shares of its common stock in the Offering and will not receive any proceeds from the sale of the shares of its common stock being offered by the selling stockholder. The Offering is expected to close on November 18, 2024, subject to customary closing conditions.Concurrent with the closing of the Offering, the Company intends to purchase from the selling stockholder in a private transaction $15 million of common stock, or 434,783
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KGS
News
- Kodiak Gas Services Announces Public Offering of Common Stock by Selling StockholderBusiness Wire
- Kodiak Gas Services Announces $50 Million Share Repurchase ProgramBusiness Wire
- Kodiak Gas Services, Inc. (NYSE: KGS) had its price target raised by analysts at Royal Bank of Canada from $35.00 to $40.00. They now have an "outperform" rating on the stock.MarketBeat
- Kodiak Gas Services Inc (KGS) Q3 2024 Earnings Call Highlights: Record Revenue and Strategic ... [Yahoo! Finance]Yahoo! Finance
- Kodiak Gas Services, Inc. (NYSE: KGS) had its price target raised by analysts at Raymond James from $35.00 to $39.00. They now have an "outperform" rating on the stock.MarketBeat
KGS
Earnings
- 11/6/24 - Miss
KGS
Sec Filings
- 11/21/24 - Form 144
- 11/18/24 - Form SC
- 11/18/24 - Form 4
- KGS's page on the SEC website