{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-108302","form_type":"8-K","ticker":"ACDC","cik":"0001881487","company_name":"ProFrac Holding Corp.","filed_at":"2026-09-16T20:59:37+00:00","discovered_at":"2026-09-16T21:00:07.458045+00:00","generated_at":"2026-09-16T21:00:37.533386+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"ProFrac amends Alpine term loan, cancels $60M affiliate debt via Flotek share transfer","bullets":["Fifth Amendment extends Alpine term loan maturity from Jan 26 2029 to Feb 15 2030; allows PIK interest on 675 bps for 12 months.","$60M of Alpine term loans assigned to affiliates THRC Holdings and Farris Wilks, then cancelled for 2,306,806 Flotek shares.","ProFrac GDM sold 1,319,493 Flotek shares to THRC ($34.32M) and 987,313 to Farris Wilks ($25.68M) by 5-day VWAP.","Amendment cuts quarterly amortization to $0 through Q1 2028, then $10M/quarter; requires 100% excess cash flow prepayment.","Related-party transaction with founders Dan and Farris Wilks, who control ~82.32% voting power; distributions capped at $1M annual basket."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-108302","json":"https://secwatch.observer/filing/0001104659-26-108302.json","markdown":"https://secwatch.observer/filing/0001104659-26-108302.md","text":"https://secwatch.observer/filing/0001104659-26-108302.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1881487/000110465926108302/0001104659-26-108302-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1881487/000110465926108302/tm2625564d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-16T21:00:37.533386+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}