EQT completes sale of common stock of Kodiak Gas Services pursuant to Rule 144
EQT has announced the completion of a significant stock sale involving Kodiak Gas Services (NYSE: KGS). Through an affiliate of EQT Infrastructure III and IV funds, the company sold approximately 3.7 million shares of Kodiak Gas Services common stock, generating gross proceeds of approximately USD 177 million. The transaction was executed on January 30, 2025, in accordance with Rule 144 of the Securities Act of 1933. Goldman Sachs & Co. served as the broker for this transaction.
EQT ha annunciato il completamento di una significativa vendita di azioni riguardante Kodiak Gas Services (NYSE: KGS). Attraverso un'affiliata dei fondi EQT Infrastructure III e IV, l'azienda ha venduto circa 3,7 milioni di azioni ordinarie di Kodiak Gas Services, generando proventi lordi di circa 177 milioni di USD. La transazione è stata eseguita il 30 gennaio 2025, in conformità con la Regola 144 del Securities Act del 1933. Goldman Sachs & Co. ha fungito da broker per questa transazione.
EQT ha anunciado la finalización de una importante venta de acciones involucrando a Kodiak Gas Services (NYSE: KGS). A través de una afiliada de los fondos EQT Infrastructure III y IV, la compañía vendió aproximadamente 3.7 millones de acciones ordinarias de Kodiak Gas Services, generando ingresos brutos de aproximadamente 177 millones de USD. La transacción se llevó a cabo el 30 de enero de 2025, de acuerdo con la Regla 144 de la Ley de Valores de 1933. Goldman Sachs & Co. actuó como corredor para esta transacción.
EQT는 Kodiak Gas Services (NYSE: KGS)와 관련된 중요한 주식 판매 완료를 발표했습니다. EQT Infrastructure III 및 IV 펀드의 자회사를 통해 회사는 대략 370만 주의 Kodiak Gas Services 보통주를 판매하였으며, 약 1억 7천7백만 달러의 총 수익을 올렸습니다. 이 거래는 2025년 1월 30일에 실행되었으며, 1933년 증권법의 144조에 따라 진행되었습니다. Goldman Sachs & Co.는 이 거래를 위한 중개인으로 활동했습니다.
EQT a annoncé l'achèvement d'une vente d'actions significative impliquant Kodiak Gas Services (NYSE: KGS). Par l'intermédiaire d'une filiale des fonds EQT Infrastructure III et IV, la société a vendu environ 3,7 millions d'actions ordinaires de Kodiak Gas Services, générant des recettes brutes d'environ 177 millions USD. La transaction a été réalisée le 30 janvier 2025, conformément à la règle 144 de la loi sur les valeurs mobilières de 1933. Goldman Sachs & Co. a agi en tant que courtier pour cette transaction.
EQT hat den Abschluss eines bedeutenden Aktienverkaufs mit Kodiak Gas Services (NYSE: KGS) bekannt gegeben. Über eine Tochtergesellschaft der EQT Infrastructure III und IV Fonds verkaufte das Unternehmen etwa 3,7 Millionen Aktien der Stammaktien von Kodiak Gas Services und erzielte brutto Einnahmen von etwa 177 Millionen USD. Die Transaktion wurde am 30. Januar 2025 gemäß Regel 144 des Securities Act von 1933 durchgeführt. Goldman Sachs & Co. fungierte als Makler für diese Transaktion.
- Generated USD 177 million in gross proceeds from stock sale
- Successfully liquidated 3.7 million shares of Kodiak Gas Services
- Reduction in ownership stake in Kodiak Gas Services
Insights
The completion of EQT's
The sale of 3.7 million shares suggests a carefully calculated exit strategy, likely timed to capitalize on favorable market conditions while maintaining market stability. Goldman Sachs's involvement as the broker adds credibility to the transaction and indicates a well-structured institutional placement.
For EQT, this divestment represents a strategic opportunity to unlock value from their infrastructure investments, potentially redeploying capital into new opportunities or returning value to shareholders. The transaction's execution through Rule 144 minimizes market impact while providing regulatory compliance and transparency.
The size and timing of this sale warrant attention from investors in both companies, as it could signal:
- A shift in EQT's investment priorities and portfolio composition
- Potential changes in Kodiak's shareholder structure and float availability
- Market validation of Kodiak's current valuation
- The sale resulted in gross proceeds of c.
USD177 million
Contact
EQT Press Office, press@eqtpartners.com
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The following files are available for download:
EQT - Kodiak Rule 144 Sale - Press Release (3 Feb 2025) |
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SOURCE EQT
FAQ
How much did EQT receive from the Kodiak Gas Services stock sale in January 2025?
How many shares of Kodiak Gas Services (KGS) did EQT sell in January 2025?
When did EQT complete the Rule 144 sale of Kodiak Gas Services shares?
Which investment bank acted as broker for EQT's Kodiak Gas Services stock sale?
