secwatch.observer — SEC 8-K summary
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Issuer:     Kinetik Holdings Inc. (KNTK)
CIK:        0001692787
Form:       8-K
Filed at:   2024-03-15T23:59:59+00:00
Accession:  0001193125-24-069248
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Apache Midstream sells 13.1M Kinetik shares at $33.75 in secondary offering
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- Selling stockholder Apache Midstream LLC (Apache Corp subsidiary) sold 13,079,871 shares at $33.75/share.
- Initial offering of 11,373,801 shares plus underwriters' full exercise of 1,706,070-share option.
- Kinetik receives no proceeds; expected closing March 18, 2024.
- CEO purchases 14,814 shares at the public offering price from underwriters.
- Goldman Sachs, BofA, J.P. Morgan, Mizuho lead-manage the offering.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692787/000119312524069248/0001193125-24-069248-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692787/000119312524069248/d689756d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-069248

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