{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-022198","form_type":"8-K","ticker":"ACDC","cik":"0001881487","company_name":"ProFrac Holding Corp.","filed_at":"2023-02-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.326405+00:00","generated_at":"2026-06-20T02:44:23.959807+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"ProFrac Holdings II amends term loan, borrows additional $170M, total ~$839M outstanding","bullets":["On Feb 1, 2023, ProFrac Holdings II borrowed $170M in Additional Term B Loans under amended term loan credit agreement.","Total outstanding under the Amended Term Loan Agreement is approximately $839 million after the draw.","The amendment required consent from Required Lenders and satisfaction of conditions including solvency certificate and legal opinions.","Additional Term B Loans are on same terms as existing Term Loans; amortization starts after first full fiscal quarter post-effective date."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-022198","json":"https://secwatch.observer/filing/0001193125-23-022198.json","markdown":"https://secwatch.observer/filing/0001193125-23-022198.md","text":"https://secwatch.observer/filing/0001193125-23-022198.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1881487/000119312523022198/0001193125-23-022198-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1881487/000119312523022198/d497551d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T02:44:23.959807+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":"d5e39f8df3c7c83ba5e66b4227c2ffb05fc6a58b","claim":"ProFrac Holding Corp. amended Fourth Amendment to Term Loan Credit Agreement with Piper Sandler Finance LLC valued at $170 million (effective 2023-02-01).","evidence_excerpt":"On February 1, 2023, the parties to the Term Loan Agreement entered into the Fourth Amendment to Term Loan Credit Agreement (the “ Fourth Term Loan Amendment ” and the Term Loan Agreement, as amended by the Fourth Term Loan Amendment, the “ Amended Term Loan Agreement ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1881487/000119312523022198/0001193125-23-022198-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Piper Sandler Finance LLC"},{"label":"Value","value":"$170 million"},{"label":"Effective","value":"2023-02-01"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}