WILLOW PARK, Texas--(BUSINESS WIRE)--ProFrac Holding Corp. (NASDAQ: ACDC) (âProFracâ or the âCompanyâ) today announced that it has commenced an underwritten public offering of $75,000,000 of its Class A common stock (the âOfferingâ). The Company intends to grant the underwriters a 30-day option to purchase up to an additional $11,250,000 of its Class A common stock. The Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be co
Related Questions
How does this secondary offering compare in size and terms to ProFrac's previous equity raises?
What impact will the increased float have on the stock's liquidity and bidâask spread?
Are there any lockâup or registration rights provisions that could affect the share supply postâoffering?
How will the proceeds be allocatedâe.g., debt repayment, acquisitions, or working capitalâand what effect will that have on earnings forecasts?
What market conditions or macroâeconomic factors are influencing the timing of this offering?
Will the offering trigger any covenants or affect ProFrac's credit facilities or existing debt agreements?
How might the dilution from this offering impact ProFrac's earnings per share (EPS) and valuation multiples moving forward?
How will the $75M capital raise affect ProFrac's cash position and future growth initiatives?
What is the expected pricing range for the Class A common stock in this offering?
Will the underwriters' 30âday option to purchase up to $11.25M dilute existing shareholders further?