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          "text": "The preliminary financial information contained herein presents estimated results for (a) ProFrac Predecessor for the three months ended March 31, 2022, which includes the results of operations of FTS International, Inc. from March 4, 2022, the closing date of the FTSI Acquisition, and (b) FTS International, Inc. on a standalone basis for the period from January 1, 2022 to February 28, 2022 prior to the consummation of the FTSI Acquisition. This presentation includes ranges for these preliminary financial results because closing procedures for the three months ended March 31, 2022 are not yet complete. These estimated ranges are preliminary and unaudited and are thus inherently uncertain and subject to change. In addition, ProFrac Predecessor's preliminary financial information for the three months ended March 31, 2022 will not be comparable with our prior historical financial information, which does not include the results of FTSI.\n\nAs customary quarterly close and review procedures as of and for the three months ended March 31, 2022 are completed, there can be no assurance that the final results for this period will not differ from the estimates presented. During the course of the preparation of our consolidated financial statements and related notes as of and for the three months ended March 31, 2022, we may identify items that could cause ProFrac Predecessor's final reported results to be materially different from the preliminary financial estimates presented herein. These estimates should not be viewed as a substitute for full interim financial statements prepared in accordance with GAAP. In addition, these preliminary estimates are for informational purposes only and are not necessarily indicative of the results to be achieved as of any future date or for any future period. The consolidated financial statements and related notes of ProFrac Predecessor as of and for the three months ended March 31, 2022 are not expected to be filed with the SEC until after the potential offering is completed. The preliminary estimated unaudited financial results herein have been prepared by, and are the responsibility of, our management; although the Company's management believes such preliminary estimates to be reasonable at the time such estimates are made and at the time such estimates are disclosed, there can be no assurance as to the reliability or correctness of such estimates, nor should any assurances be inferred, and actual results may differ materially.",
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