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ProFrac Holding Subsidiary Issues Additional Secured Notes

Story Highlights
  • On January 7, 2026, ProFrac issued $25 million in additional senior secured floating rate notes.
  • Proceeds will fund capital expenditures and strengthen ProFrac’s secured debt-backed investment capacity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ProFrac Holding Subsidiary Issues Additional Secured Notes

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The latest update is out from ProFrac Holding ( (ACDC) ).

On January 7, 2026, ProFrac Holdings II, LLC, an indirect wholly owned subsidiary of ProFrac Holding Corp., privately issued $25 million of Senior Secured Floating Rate Notes due 2029 to Beal Bank USA, structured as additional notes under an existing indenture and treated as part of the same series as previously issued notes. The net proceeds are earmarked primarily for capital expenditures, with any remaining funds for general corporate purposes, reinforcing ProFrac’s capital structure with secured debt backed by the same collateral package as its existing notes and supporting continued investment in its operations and asset base.

The most recent analyst rating on (ACDC) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on ProFrac Holding stock, see the ACDC Stock Forecast page.

Spark’s Take on ACDC Stock

According to Spark, TipRanks’ AI Analyst, ACDC is a Neutral.

ProFrac Holding’s overall stock score reflects significant financial challenges, including declining revenues and high leverage, which are the most impactful factors. Technical indicators suggest bearish momentum, and valuation metrics are weak due to ongoing losses. While recent corporate events provide some financial flexibility, and earnings call initiatives show potential for future improvement, these are outweighed by current financial and operational difficulties.

To see Spark’s full report on ACDC stock, click here.

More about ProFrac Holding

ProFrac Holding Corp., through its indirect wholly owned subsidiary ProFrac Holdings II, LLC, operates in the energy services sector, providing capital-intensive services and equipment to support oil and gas operations, with a focus on funding ongoing capital expenditures and related corporate needs through secured debt financing.

Average Trading Volume: 1,403,733

Technical Sentiment Signal: Sell

Current Market Cap: $750.6M

See more data about ACDC stock on TipRanks’ Stock Analysis page.

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