{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-123202","form_type":"8-K","ticker":"ACDC","cik":"0001881487","company_name":"ProFrac Holding Corp.","filed_at":"2025-12-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.972199+00:00","generated_at":"2026-05-16T12:38:12.970193+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"ProFrac amends Alpine term loan, cuts amortization; issues $40M notes","bullets":["Amortization for Q1 and Q2 2026 reduced from $15M to $7.5M each per Amendment No. 4.","Total Net Leverage Ratio testing deferred one year to March 31, 2028.","Issued $40M aggregate Senior Secured Floating Rate Notes due 2029 on Dec 15, 2025.","$10M notes purchased by Wilks Brothers, LLC (affiliate); $30M by Beal Bank USA.","Net proceeds to fund capital expenditures and general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-123202","json":"https://secwatch.observer/filing/0001104659-25-123202.json","markdown":"https://secwatch.observer/filing/0001104659-25-123202.md","text":"https://secwatch.observer/filing/0001104659-25-123202.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1881487/000110465925123202/0001104659-25-123202-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1881487/000110465925123202/tm2533932d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:38:12.970193+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2f751afc9cbafe79d2ce042574a7fe191eda6186","claim":"ProFrac Holding Corp. incurred senior notes of $30.0 million with Beal Bank USA at Senior Secured Floating Rate Notes due 2029 maturing due 2029.","evidence_excerpt":"An aggregate of $10.0 million and $30.0 million of New Notes was purchased by Wilks Brothers, LLC and Beal Bank USA, respectively, on December 15, 2025.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1881487/000110465925123202/0001104659-25-123202-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$30.0 million"},{"label":"Counterparty","value":"Beal Bank USA"},{"label":"Rate","value":"Senior Secured Floating Rate Notes due 2029"},{"label":"Maturity","value":"due 2029"},{"label":"Event","value":"incurrence"}]},{"claim_id":"7627924ec874f4ea58b5e740392638049821d083","claim":"ProFrac Holding Corp. amended term loan of amortization payment reduced from $15,000,000 to $7,500,000 per quarter with CLMG Corp. at not specified maturing not specified.","evidence_excerpt":"(i) the amortization payment required to be made by PFP Holding with respect to each of the calendar quarters ending March 31, 2026 and June 30, 2026 was reduced from $15,000,000 to $7,500,000 (as such amount may be further reduced in accordance with the terms of the Amended Alpine Term Loan Credit Agreement); and (ii) testing of the Total Net Leverage Ratio was deferred by one year to March 31, 2028.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1881487/000110465925123202/0001104659-25-123202-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"amortization payment reduced from $15,000,000 to $7,500,000 per quarter"},{"label":"Counterparty","value":"CLMG Corp."},{"label":"Rate","value":"not specified"},{"label":"Maturity","value":"not specified"},{"label":"Event","value":"amendment"}]},{"claim_id":"8a45c3440aca789b366d3311631482c1a2e6ed78","claim":"ProFrac Holding Corp. incurred senior notes of $10.0 million with Wilks Brothers, LLC at Senior Secured Floating Rate Notes due 2029 maturing due 2029.","evidence_excerpt":"An aggregate of $10.0 million and $30.0 million of New Notes was purchased by Wilks Brothers, LLC and Beal Bank USA, respectively, on December 15, 2025.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1881487/000110465925123202/0001104659-25-123202-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$10.0 million"},{"label":"Counterparty","value":"Wilks Brothers, LLC"},{"label":"Rate","value":"Senior Secured Floating Rate Notes due 2029"},{"label":"Maturity","value":"due 2029"},{"label":"Event","value":"incurrence"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}