ProFrac Holding Corp. (ACDC) Form SCHEDULE 13D/A — Sep 15, 2026
ProFrac Holding Corp. and its subsidiaries filed Amendment No. 8 to their Schedule 13D on Flotek Industries, reporting beneficial ownership of 20,937,915 Flotek shares, or about 54.5% of the 36,220,429 shares outstanding as of August 3, 2026, with subsidiary ProFrac GDM, LLC separately reporting 3,693,194 shares (10.2%). ProFrac GDM exercised its warrant on March 13, 2026, receiving 6,000,000 Flotek shares, then on September 11, 2026 sold an aggregate 2,306,806 Flotek shares to THRC Holdings, LP (an entity affiliated with Dan H.
Key figures
- Debt Amount
- $60,000,000 (Alpine Holding 2026 Term Loans repaid in full and cancelled)
- Deal Value Usd
- $60,000,000 of 2026 Term Loans cancelled in exchange for 2,306,806 Flotek shares
- Shares to thrc
- 1319493
- Profrac gdm pct
- 10.2%
- Profrac gdm shares
- 3693194
- Implied vwap per share
- approximately $26.01 (derived: $60,000,000 / 2,306,806 shares)
- Shares to farris wilks
- 987313
- Warrant exercise shares
- 6000000
- Shares transferred total
- 2306806
- Thrc term loans cancelled
- 34320000
- Group beneficial ownership pct
- 54.5%
- Farris wilks term loans cancelled
- 25680000
- Group beneficial ownership shares
- 20937915
- Prefunded warrant shares issuable
- 2184140
- Profrac control group class a pct
- 81.5%
- Profrac holdings ii direct shares
- 15060581
- Profrac control group class a shares
- 150570115
AI analysis
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