secwatch.observer — SEC 8-K summary
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Issuer:     ProFrac Holding Corp. (ACDC)
CIK:        0001881487
Form:       8-K
Filed at:   2022-12-30T23:59:59+00:00
Accession:  0001193125-22-315437
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1881487/000119312522315437/0001193125-22-315437-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1881487/000119312522315437/d379322d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-315437

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