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Stock impact report

U.S. WELL SERVICES ALERT: Bragar Eagel & Squire, P.C. Investigates Merger of USWS and Encourages Investors to Contact the Firm

ProFrac Holding Corp. - Class A (PFHC) 
Company Research Source: GlobeNewswire
NEW YORK, June 24, 2022 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the officers or directors of U.S. Well Services, Inc. (“USWS”) breached their fiduciary duties or violated the federal securities laws in connection with the company’s acquisition by ProFrac Holding Corp. (NASDAQ: PFHC) ("ProFrac"). Click here to learn more and participate in the action. On June 21, 2022, USWS announced that it had entered into an agreement to be acquired by ProFrac in a stock-for-stock deal. Pursuant to the merger agreement, USWS shareholders will receive 0.0561 shares of ProFrac Class A common stock for each share of USWS Class A common stock. The deal is scheduled to close in the fourth quarter of 2022. Bragar Eagel & Squire is concerned that USWS’s board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement. Accordingly, the firm is investigating all re Show less Read more
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