secwatch.observer — SEC 8-K summary
======================================

Issuer:     ProFrac Holding Corp. (ACDC)
CIK:        0001881487
Form:       8-K
Filed at:   2026-03-09T23:59:59+00:00
Accession:  0001104659-26-025192
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ProFrac reduces credit line to $275M, extends maturity to Sept 2027, tightens covenants
--------------------------------------------------------------------------------

- Maximum availability under revolving credit facility reduced to $275.0 million from prior level.
- Maturity extended six months to September 3, 2027.
- SOFR loan margin set at 1.75%-2.25%, stepping up 0.25% every 3 months to 3.00%-3.50%.
- Minimum liquidity covenant replaced with $45.0 million minimum availability covenant (up from $15.0M).
- Unused line fee fixed at 0.375%; certain negative covenant exceptions curtailed or removed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1881487/000110465926025192/0001104659-26-025192-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1881487/000110465926025192/tm268324d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-025192

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer