---
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"
generated_at: "2026-06-20T21:42:05.759975+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ProFrac to acquire Performance Proppants and four other entities for $475M cash

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-315437
- JSON: https://secwatch.observer/filing/0001193125-22-315437.json
- Plain text: https://secwatch.observer/filing/0001193125-22-315437.txt

## Key facts
- Material Agreements
  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.
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Performance Holdings I, LLC and Performance Holdings II, LLC (collectively, Performance Sellers)
  - Value: approximately $475,000,000
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1881487/000119312522315437/0001193125-22-315437-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
