Kodiak Gas Services, Inc. (KGS), Monday announced the pricing of an underwritten offering of 10 million shares of its common stock by Frontier TopCo Partnership, L.P. at $34.40 per share.
Notably, the company will neither sell any shares of its common stock in the offering nor will receive any proceeds from the sale of the shares of its common stock.
The offering is expected to close on September 9, 2025.
In the pre-market hours, KGS is moving down 3.44 percent, to $34.11 on the New York Stock Exchange.
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