other material
confidence high
sentiment neutral
materiality 0.70
Kodiak Gas Services secondary offering closed; selling stockholder sold 7M shares; company repurchased 1M shares
Kodiak Gas Services, Inc.
- Selling stockholder Frontier TopCo sold 6,086,957 shares at $25.00/share; underwriters exercised overallotment for 913,043 shares, total ~7M.
- Company did not sell shares or receive proceeds; repurchased 1,000,000 shares from Frontier TopCo at $25.00/share.
- Offering and share repurchase closed on September 11, 2024.