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ProFrac Holding Corp. Announces Proposed Public Offering of Class A Common Stock

1. ProFrac plans to offer $75 million in Class A common stock. 2. An additional $11.25 million option for underwriters may influence stock supply.

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FAQ

Why Bearish?

Public offerings often dilute existing shares, impacting stock prices negatively. Historical examples show new offerings lead to price drops due to increased supply.

How important is it?

The announcement of a public offering directly impacts stock dynamics, influencing investor sentiment and stock price. This relevance is high due to potential dilution effects.

Why Short Term?

The dilution effect typically impacts stock prices immediately after announcement. The market may stabilize over time as it digests the offering.

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EXXONSLBHAL
WILLOW PARK, Texas--(BUSINESS WIRE)--ProFrac Holding Corp. (NASDAQ: ACDC) (“ProFrac” or the “Company”) today announced that it has commenced an underwritten public offering of $75,000,000 of its Class A common stock (the “Offering”). 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.

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