other_material
confidence high
sentiment neutral
materiality 0.75
ProFrac closes 18.75M share public offering, netting ~$72.8M in proceeds
ProFrac Holding Corp.
- Issued 18.75M shares of Class A common stock; net proceeds ~$72.8M after fees.
- Underwriters granted 30-day option to buy up to an additional 2.8125M shares.
- Underwriting agreement with J.P. Morgan and Piper Sandler; customary terms.
- Offering conducted under existing shelf registration statement (Form S-3).
- Closing occurred on August 14, 2025; use of proceeds not specified.
item 1.01item 9.01