ProFrac Holding Corp. Announces Confidential Submission of Draft Registration Statement for Proposed Public Listing of Alpine Silica

Core Viewpoint - ProFrac Holding Corp. has confidentially submitted a draft registration statement for an initial public offering (IPO) of its subsidiary Alpine Silica Holding, LLC, with details on the number of shares and price range yet to be determined [1]. Company Overview - ProFrac Holding Corp. is a technology-focused, vertically integrated energy services company that provides well stimulation services, proppants production, and complementary products to oil and gas companies in the exploration and production of unconventional oil and natural gas resources across the United States [3]. - Founded in 2016, ProFrac aims to be the primary service provider for the hydraulic fracturing needs of exploration and production companies, focusing on employing new technologies to reduce greenhouse gas emissions and enhance efficiency in the emissions-intensive unconventional E&P development process [3].