ProFrac Holding Corp. Enters Material Definitive Agreement

TL;DR

ProFrac Holding Corp. just signed a big financial deal. Keep an eye on this.

AI Summary

On June 10, 2024, ProFrac Holding Corp. entered into a material definitive agreement related to a direct financial obligation. The company, incorporated in Delaware with its principal executive offices in Willow Park, Texas, filed this 8-K report to disclose this significant event.

Why It Matters

This filing indicates ProFrac Holding Corp. has entered into a significant financial agreement, which could impact its financial obligations and operational capacity.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements, especially those involving financial obligations, can introduce financial risks and operational changes for a company.

Key Numbers

• 001-41388 — Commission File Number (Identifies ProFrac Holding Corp.'s filing with the SEC.)
• 87-2424964 — IRS Employer Identification No. (Company's tax identification number.)

Key Players & Entities

• ProFrac Holding Corp. (company) — Registrant
• June 10, 2024 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of incorporation
• Willow Park, Texas (location) — Address of principal executive offices

FAQ

Key Financial Figures

• $0.01 — stered Class A common stock, par value $0.01 per share ACDC The Nasdaq Global Se
• $120 million — the " Company " or " ProFrac "), issued $120 million aggregate principal amount of its Senio
• $12.308 million — eral. ProFrac Holdings II will prepay $12.308 million aggregate principal amount of the Notes
• $18.462 million — ber 30, 2024 and December 31, 2024, and $18.462 million aggregate principal amount of the Notes

Filing Documents

• d845282d8k.htm (8-K) — 35KB
• d845282dex43.htm (EX-4.3) — 73KB
• d845282dex44.htm (EX-4.4) — 12KB
• d845282dex101.htm (EX-10.1) — 101KB
• 0001193125-24-161653.txt ( ) — 371KB
• acdc-20240610.xsd (EX-101.SCH) — 3KB
• acdc-20240610_lab.xml (EX-101.LAB) — 18KB
• acdc-20240610_pre.xml (EX-101.PRE) — 11KB
• d845282d8k_htm.xml (XML) — 4KB

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 4.1 Indenture, dated as of December 27, 2023, by and among ProFrac Holdings II, LLC, the guarantors party thereto and U.S. Bank Trust Company, National Association, as trustee, calculation agent and collateral agent (incorporated by reference to Exhibit 4.1 to ProFrac Holding Corp.'s Current Report on Form 8-K filed with the SEC on December 28, 2023). 4.2 Form of Senior Secured Floating Rate Note (included in Exhibit 4.1). 4.3* First Supplemental Indenture, dated as of June 12, 2024, among ProFrac Holdings II, LLC, the guarantors party thereto and U.S. Bank Trust Company, National Association, as trustee, calculation agent and collateral agent. 4.4* Second Supplemental Indenture, dated as of June 12, 2024, among ProFrac Holdings II, LLC, Advanced Stimulation Technologies, Inc. and U.S. Bank Trust Company, National Association, as trustee, calculation agent and collateral agent. 10.1* Eighth Amendment to Credit Agreement, dated as of June 10, 2024, by and among ProFrac Holdings II, LLC, ProFrac Holdings, LLC, the other guarantors party thereto, the lenders party thereto and JPMorgan Chase Bank, N.A., as the agent and collateral agent for the lenders. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). * Filed herewith.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this Current Report to be signed on its behalf by the undersigned hereunto duly authorized. PROFRAC HOLDING CORP. Dated: June 14, 2024 By: /s/ Steven Scrogham Steven Scrogham Chief Legal Officer, Chief Compliance Officer and Corporate Secretary

View Full Filing

View this 8-K filing on SEC EDGAR