Flotek Industries Inc/cn/ Schedule 13D activist filings
Filed when an investor crosses five percent and intends to influence the company — the activist disclosure.
NYSE
SCHEDULE 13D/A: ProFrac Group Amends Flotek Industries Ownership, Seeks Shareholder Approval for New Warrant Exercise
ProFrac Holding Corp. and its affiliates have filed an amended Schedule 13D, increasing their reported beneficial ownership in Flotek Industries, Inc. to 61.1% and seeking shareholder approval for the exercise of a new 6 million share warrant.
NYSE
SCHEDULE 13D/A: ProFrac Increases Stake in Flotek Industries with Strategic Asset Sale and Warrant Issuance
ProFrac Holding Corp. has increased its beneficial ownership in Flotek Industries, Inc. to 53.9% through a strategic transaction involving the sale of mobile power generation assets to Flotek's subsidiary, PWRTEK, in exchange for a $40 million secured note and a warrant to acquire 6 million shares.