false 0001881487 0001881487 2023-09-06 2023-09-06 0001881487 us-gaap:CommonStockMember 2023-09-06 2023-09-06 0001881487 us-gaap:WarrantMember 2023-09-06 2023-09-06

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 6, 2023

 

 

ProFrac Holding Corp.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-41388   87-2424964

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

333 Shops Boulevard, Suite 301

Willow Park, Texas

  76087
(Address of principal executive offices)   (Zip Code)

(254) 776-3722

(Registrant’s telephone number, including area code)

Not Appliable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
Symbol(s)

 

Name of exchange

on which registered

Class A common stock, par value $0.01 per share   ACDC   The Nasdaq Global Select Market
Warrants to purchase Class A common stock   ACDCW   The Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 


Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 6, 2023, Robert Willette resigned as the company’s Chief Legal Officer, Chief Compliance Officer, and Corporate Secretary, effective as of September 6, 2023. On September 11, 2023, Mr. Willette and the company entered into a severance agreement, pursuant to which Mr. Willette will receive a severance payment of $673,093.69 and which contains, among other standard provisions, a general release and waiver of claims against the company by Mr. Willette. A copy of the agreement will be filed as an exhibit to the company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2023.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

PROFRAC HOLDING CORP.
By:  

/s/ Matthew D. Wilks

Name:   Matthew D. Wilks
Title:   Executive Chairman

Date: September 11, 2023

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Document and Entity Information
Sep. 06, 2023
Document And Entity Information [Line Items]  
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Entity Central Index Key 0001881487
Document Type 8-K
Document Period End Date Sep. 06, 2023
Entity Registrant Name ProFrac Holding Corp.
Entity Incorporation State Country Code DE
Entity File Number 001-41388
Entity Tax Identification Number 87-2424964
Entity Address, Address Line One 333 Shops Boulevard
Entity Address, Address Line Two Suite 301
Entity Address, City or Town Willow Park
Entity Address, State or Province TX
Entity Address, Postal Zip Code 76087
City Area Code (254)
Local Phone Number 776-3722
Written Communications false
Soliciting Material false
Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Common Stock [Member]  
Document And Entity Information [Line Items]  
Security 12b Title Class A common stock, par value $0.01 per share
Trading Symbol ACDC
Security Exchange Name NASDAQ
Warrant [Member]  
Document And Entity Information [Line Items]  
Security 12b Title Warrants to purchase Class A common stock
Trading Symbol ACDCW
Security Exchange Name NASDAQ

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