ProFrac raises $7.1M from over-allotment share sale
ProFrac Holding Corp. reported that underwriters in its recent Class A common stock offering partially exercised their overallotment option, purchasing an additional 1,840,998 shares on August 25, 2025.
Rhea-AI Filing Summary
ProFrac Holding Corp. reported that underwriters in its recent Class A common stock offering partially exercised their overallotment option, purchasing an additional 1,840,998 shares on August 25, 2025. These additional shares, called the Option Shares, generated approximately $7.1 million in aggregate net proceeds for the company after underwriting fees and commissions and before expenses.
The issuance and sale of the Option Shares closed on August 27, 2025, further increasing the equity capital ProFrac raised from its previously completed underwritten public offering of Class A common stock.
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8-K Event Classification
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