secwatch.observer — SEC 8-K summary
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Issuer:     Kinetik Holdings Inc. (KNTK)
CIK:        0001692787
Form:       8-K
Filed at:   2023-12-14T23:59:59+00:00
Accession:  0001193125-23-295499
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kinetik prices upsized 6.5M-share secondary offering at $31.50 by Apache Midstream
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- Upsized from 6M to 6.5M shares at $31.50 each due to strong investor demand.
- Selling stockholder is Apache Midstream LLC, a subsidiary of Apache Corporation.
- Company receives no proceeds; officers & directors including CEO purchase 63,492 shares.
- Underwriters' option for additional 975k shares exercised in full, closing Dec 14, 2023.
- Joint lead book-runners: J.P. Morgan, Barclays, RBC Capital Markets, TD Securities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692787/000119312523295499/0001193125-23-295499-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692787/000119312523295499/d654374d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-295499

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer