Kodiak Gas Services Announces $25M Public Offering Of 6,140,182 Shares Common Stock By Selling Stockholder
Portfolio Pulse from Benzinga Newsdesk
Kodiak Gas Services has announced a public offering of 6,140,182 shares of common stock by a selling stockholder, valued at $25 million.
September 09, 2024 | 8:10 pm
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Kodiak Gas Services is conducting a public offering of 6,140,182 shares of common stock by a selling stockholder, valued at $25 million. This could lead to short-term stock price fluctuations due to changes in supply and demand dynamics.
The public offering increases the supply of KGS shares in the market, which could lead to a decrease in stock price due to supply-demand dynamics. The offering is significant, valued at $25 million, and could impact investor sentiment.
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