other material
confidence high
sentiment neutral
materiality 0.20
Kodiak files resale prospectus supplement for up to 5.56M shares from CSI Compressco acquisition
Kodiak Gas Services, Inc.
- Filed a resale prospectus supplement for up to 5,562,273 shares of common stock by selling stockholders.
- Shares are issuable upon redemption of common units in Kodiak Gas Services, LLC, plus cancellation of preferred shares.
- Selling stockholders received the common units and preferred shares at the closing of the CSI Compressco LP acquisition.
- Legal opinion from Kirkland & Ellis on share validity is attached as Exhibit 5.1; no new business or financial update.