secwatch.observer — SEC 8-K summary
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Issuer:     Kodiak Gas Services, Inc. (KGS)
CIK:        0001767042
Form:       8-K
Filed at:   2023-12-20T23:59:59+00:00
Accession:  0001193125-23-298769
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kodiak Gas to acquire CSI Compressco LP; unitholders get 0.086 KGS shares each
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- Partnership common units convert into 0.086 shares of Kodiak common stock; tax-deferred OpCo Units also available.
- Supporting unitholders owning ~54% of Partnership units have agreed to support the merger.
- Deal subject to unitholder approval, HSR clearance, NYSE listing of KGS shares, and debt financing by Kodiak.
- Termination fees: $15M if Partnership terminates for superior proposal; $20M if Kodiak fails to close.
- Mergers expected to close by September 1, 2024, with possible extension.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1767042/000119312523298769/0001193125-23-298769-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1767042/000119312523298769/d679352d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-298769

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