Latham & Watkins Advises on ProFrac Holding Corp. Public Offering

ProFrac Holding Corp. (NASDAQ: ACDC) has announced the pricing of its previously announced underwritten public offering of 18,750,000 shares of its Class A common stock at a price to the public of US$4.00 per share, for gross proceeds of approximately US$75.0 million before deducting the underwriting discount and other estimated offering expenses.

Latham & Watkins LLP represented the underwriters in the offering with a corporate team led by Austin partners David Miller and Sam Rettew, with associates Rachel Collier, Carol Bale, Don Izekor, and Luisa Gomez Yokubaitis. Advice was also provided on tax matters by Houston partner Bryant Lee, with associate Lucas Migliano; and on environmental matters by Los Angeles partner Joshua Marnitz, with associate Jacqueline Zhang.