Kodiak Gas Services holder sells 10M shares at $34.40
Kodiak Gas Services, Inc. reported that Frontier TopCo Partnership, L.P., a selling stockholder, entered into an underwriting agreement with Goldman Sachs & Co. LLC for an offering of 10,000,000 shares of Kodiak common stock at $34.40 per share.
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Rhea-AI Filing Summary
Kodiak Gas Services, Inc. reported that Frontier TopCo Partnership, L.P., a selling stockholder, entered into an underwriting agreement with Goldman Sachs & Co. LLC for an offering of 10,000,000 shares of Kodiak common stock at $34.40 per share. This is a secondary sale by the selling stockholder, not a new issuance by the company.
The company did not sell any shares in this transaction and did not receive any of the proceeds from the sale. The offering closed on September 9, 2025. The underwriting agreement includes customary representations, warranties, closing conditions, termination provisions, and indemnification arrangements in favor of the underwriter.
8-K Event Classification
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Kodiak Gas Services, Inc. (KGS) disclose in this 8-K filing?
Who were the main parties involved in Kodiak Gas Services’ (KGS) secondary offering?
When did the Kodiak Gas Services (KGS) secondary offering close?
What indemnification arrangements are included in the Kodiak Gas Services (KGS) underwriting agreement?
AI-generated analysis. How Rhea-AI works. Not financial advice.