Kodiak Gas Services IPO prices below earlier range

Breaking News

Kodiak Gas Services Inc. on Wednesday priced its initial public offering of 16 million shares at $16 apiece, below a prior range of between $19 and $22. Shares of the company, which runs compression equipment to help with oil and gas production, are set to start trading on the New York Stock Exchange on Thursday under the ticker “KGS.” The company also gave the underwriters a 30-day option to buy up to an extra 2.4 million shares at the IPO price. Goldman Sachs, J.P. Morgan and Barclays were lead book-running managers for the offering.

Original Post

Articles You May Like

Apple and Google phone users spied on through phone push notifications
El Salvador’s president has ‘no intention of selling’ the country’s bitcoin, despite rally
Notable Friday Option Activity: CMA, PTEN, F
Oil prices drop as OPEC+ announcement offers no details on production cuts
Flewber Global cuts size of its planned IPO

Leave a Reply

Your email address will not be published. Required fields are marked *