FLOTEK INDUSTRIES INC/CN/
For the period ended Jul 9, 2025. Filed May 29, 2025.
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Jul 9, 2025 · Filed May 29, 2025
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Contents
PROXY STATEMENT SUMMARY
PROXY STATEMENT
PROXY STATEMENT SUMMARY
This summary highlights information that is contained elsewhere in this proxy statement (the “Proxy Statement”). This summary does not contain all of the information that you should consider, and you should read the entire Proxy Statement carefully before voting. This Proxy Statement and the related proxy materials were first released to stockholders and made available on the Internet on or about May 29, 2025.
Special Meeting of Stockholders
When: Wednesday, July 9, 2025 at 9:00 a.m., Central Time
Where: The Company’s headquarters located at 5775 N. Sam Houston Parkway W., Suite 400, Houston, TX 77086
Who: Stockholders of record at the close of business on May 19, 2025 will be eligible to vote.
What: We are asking stockholders to vote on the following items:
| Item up for Vote | Board’s VotingRecommendation | PageReference |
|---|---|---|
| Item 1. Approval of the issuance of common stock underlying the April 2025 Warrant held by ProFrac GDM, LLC | FOR | 7 |
| Item 2. Approval of the adjournment of the Special Meeting, if deemed necessary or appropriate, to solicit additional proxies in favor of any or all of the items set forth herein | FOR | 15 |
Cautionary Note Regarding Forward-Looking Statements
This Proxy Statement contains “forward-looking statements” within the meaning of the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are not historical facts, but instead represent the current assumptions and beliefs regarding future events of the Company, many of which, by their nature, are inherently uncertain and outside the Company’s control. Such statements include, but are not limited to, statements regarding the Company’s performance under the ProFrac Agreement (as defined below) or any amendment thereto, statements regarding the Company’s performance and obligations pursuant to the Transactions (as defined below), and statements relating to the Company’s ability to obtain Stockholder Approval. The forward-looking statements contained in this Proxy Statement are based on information available as of the date of this Proxy Statement. The forward-looking statements relate to future industry trends and economic conditions, forecast performance or results of current and future initiatives and the outcome of contingencies and other uncertainties that may have a significant impact on the Company’s business, financial condition, future operating results and liquidity. These forward-looking statements generally are identified by words including but not limited to, “anticipate,” “believe,” “estimate,” “commit,” “budget,” “aim,” “potential,” “schedule,” “continue,” “intend,” “expect,” “plan,” “forecast,” “target”, “think”, “likely”, “project” and similar expressions, or future-tense or conditional constructions such as “will,” “may,” “should,” “could” and “would,” or the negative thereof or other variations thereon or comparable terminology. The Company cautions that these statements are merely predictions and are not to be considered guarantees of future performance. Forward-looking statements are based upon current expectations and assumptions that are subject to risks and uncertainties that can cause actual results to differ materially from those projected, anticipated or implied. A detailed discussion of potential risks and uncertainties that could cause actual results and events to differ materially from forward-looking statements include, but are not limited to, those discussed in Part I, Item 1A - “Risk Factors” of our Annual Report on Form 10-K for the fiscal year ended December 31, 2024, filed with the Securities and Exchange Commission (“SEC”) on March 12, 2025, in Part II, Item 1A – “Risk Factors” of our Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2025, filed with the SEC on May 8, 2025, and periodically in subsequent reports filed with the SEC. The Company has no obligation, and we disclaim any obligation, to publicly update or revise any forward-looking statements, whether as a result of new information or future events, except as required by law.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.