Kodiak Gas Services, which provides natural gas compression services in the US, raised $256 million by offering 16 million shares at $16, below the range of $19 to $22.
Kodiak Gas Services plans to list on the NYSE under the symbol KGS. Goldman Sachs, J.P. Morgan, Barclays, BofA Securities, Raymond James, RBC Capital Markets, Stifel, Truist Securities, and Tudor, Pickering, Holt & Co. acted as joint bookrunners on the deal.
