{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-315437","form_type":"8-K","ticker":"ACDC","cik":"0001881487","company_name":"ProFrac Holding Corp.","filed_at":"2022-12-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.894518+00:00","generated_at":"2026-06-20T21:42:05.759975+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"ProFrac to acquire Performance Proppants and four other entities for $475M cash","bullets":["ProFrac subsidiary to acquire 100% of five entities: Performance Proppants, Red River Land, Performance Royalty, Performance International, Sunny Point Aggregates.","Cash consideration of ~$475M, subject to post-closing adjustments.","Closing expected Q1 2023, subject to HSR and other conditions.","Agreement includes standard reps, warranties, indemnities, and covenants.","Sellers are Performance Holdings I and II."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-315437","json":"https://secwatch.observer/filing/0001193125-22-315437.json","markdown":"https://secwatch.observer/filing/0001193125-22-315437.md","text":"https://secwatch.observer/filing/0001193125-22-315437.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1881487/000119312522315437/0001193125-22-315437-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1881487/000119312522315437/d379322d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T21:42:05.759975+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":"d91bf4cd96a2677499d1dffe6ce7eed69a95e8d3","claim":"ProFrac Holding Corp. entered into Membership Interest Purchase Agreement with Performance Holdings I, LLC and Performance Holdings II, LLC (collectively, Performance Sellers) valued at approximately $475,000,000.","evidence_excerpt":"ProFrac Holdings II, LLC (“ ProFrac II LLC ”), a Texas limited liability company and a subsidiary of ProFrac, entered into a Membership Interest Purchase Agreement (the “ Purchase Agreement ”) with Performance Holdings I, LLC, a Louisiana limited liability company (“ Performance Holdings I ”), and Performance Holdings II, LLC, a Louisiana limited liability company (“ Performance Holdings II ” and, together with Performance Holdings I, the “ Performance Sellers ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1881487/000119312522315437/0001193125-22-315437-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Performance Holdings I, LLC and Performance Holdings II, LLC (collectively, Performance Sellers)"},{"label":"Value","value":"approximately $475,000,000"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}