UPDATE: Kodiak Gas Services IPO Indicating $16-$16.50/Share; IPO Priced At $16/Share On 16M Shares
Portfolio Pulse from Happy Mohamed
Kodiak Gas Services (KGS) has indicated its Initial Public Offering (IPO) price to be between $16-$16.50 per share. The IPO was priced at $16 per share on 16 million shares.
June 29, 2023 | 2:46 pm
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Kodiak Gas Services' IPO is priced at $16 per share, indicating a potential initial market capitalization of $256 million.
The IPO pricing directly impacts the initial market capitalization of Kodiak Gas Services. With the IPO priced at $16 per share on 16 million shares, the initial market capitalization is $256 million. This is a significant event for the company and its investors, and it is likely to influence the stock's short-term performance.
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