EQT completes sale of common stock of Kodiak Gas Services
EQT completes sale of common stock of Kodiak Gas Services |
[14-May-2025] |
NEW YORK, May 14, 2025 /PRNewswire/ --An affiliate of the funds known as EQT Infrastructure III and EQT Infrastructure IV ("EQT") is pleased to announce the completion of the sale (the "Sale") of c. 3.2 million shares of common stock of Kodiak Gas Services, Inc. (NYSE: KGS) (the "Company") for gross proceeds of c. USD116 million. The Sale was made on May 12, 2025, pursuant to Rule 144 of the Securities Act of 1933, as amended. J.P. Morgan Securities LLC acted as the broker for the Sale. Concurrently with the closing of the Sale, the Company repurchased c. 278,000 shares of its common stock from EQT in a private transaction for gross proceeds of c. USD10 million. Following these transactions, EQT now holds c. 31.3 million shares of the Company's common stock. Contact EQT Press Office, press@eqtpartners.com This information was brought to you by Cision http://news.cision.com https://news.cision.com/eqt/r/eqt-completes-sale-of-common-stock-of-kodiak-gas-services,c4150756 The following files are available for download:
SOURCE EQT | ||||
Company Codes: ISIN:SE0012853455, RICS:EQT.ST, Stockholm:EQT |