Kodiak Gas Services' Selling Stockholder Prices $344M Secondary Offering Of 10M Shares At $34.40/Share
Author: Benzinga Newsdesk | September 08, 2025 07:57am
Kodiak Gas Services, Inc. (NYSE:KGS) ("Kodiak" or the "Company") today announced the pricing of an underwritten offering (the "Offering") of 10,000,000 shares of its common stock by Frontier TopCo Partnership, L.P. (the "Selling Stockholder"), an affiliate of the funds known as EQT Infrastructure III and EQT Infrastructure IV, at a price to the public of $34.40 per share. Kodiak will not sell any shares of its common stock in the Offering and will not receive any proceeds from the sale of the shares of its common stock being offered by the Selling Stockholder. The Offering is expected to close on September 9, 2025, subject to customary closing conditions.
Posted In: KGS