<SEC-DOCUMENT>0001641172-25-022075.txt : 20250922
<SEC-HEADER>0001641172-25-022075.hdr.sgml : 20250922
<ACCEPTANCE-DATETIME>20250804171918
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001641172-25-022075
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20250804

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FLOTEK INDUSTRIES INC/CN/
		CENTRAL INDEX KEY:			0000928054
		STANDARD INDUSTRIAL CLASSIFICATION:	MISCELLANEOUS CHEMICAL PRODUCTS [2890]
		ORGANIZATION NAME:           	08 Industrial Applications and Services
		EIN:				900023731
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		5775 N. SAM HOUSTON PARKWAY W.
		STREET 2:		SUITE 400
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77086
		BUSINESS PHONE:		7138499911

	MAIL ADDRESS:	
		STREET 1:		5775 N. SAM HOUSTON PARKWAY W.
		STREET 2:		SUITE 400
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77086
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><IMG SRC="formcorresp_001.jpg" ALT=""></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">August
4, 2025</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Via
EDGAR</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Mr.
Juan Grana</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ms.
Margaret Sawicki</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Division
of Corporation Finance</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Office
of Industrial Applications and Services</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">U.S.
Securities and Exchange Commission</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">100
F Street, N.E.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Washington,
D.C. 20549</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Re:</FONT></TD>
  <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Flotek Industries, Inc.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
  <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Registration Statement
  on Form S-3</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
  <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Filed July 10, 2025</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
  <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>File No. 333-288606</B></FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ladies
and Gentlemen:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Set
forth below is the response of Flotek Industries, Inc., a Delaware corporation (the &ldquo;<U>Company</U>&rdquo;), to comments received
from the staff of the Division of Corporation Finance (the &ldquo;<U>Staff</U>&rdquo;) of the Securities and Exchange Commission (the
&ldquo;<U>Commission</U>&rdquo;) by letter dated July 21, 2025 (the &ldquo;<U>Comment Letter</U>&rdquo;), with respect to the above-referenced
filing. For your convenience, we have repeated in bold face type the comment exactly as set forth in the Comment Letter. The Company&rsquo;s
response to the comment is set forth immediately below the text of the comment.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Registration
Statement on Form S-3</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>General</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
<TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>1.</B></FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>We
                                            note your disclosure in your Form 8-K/A filed May 1, 2025, that a subsidiary of Flotek Industries,
                                            PWRTEK, LLC, acquired certain mobile power generation assets and related intellectual property
                                            from ProFrac GDM, LLC, an indirect subsidiary of ProFrac Holding Corp. pursuant to an asset
                                            purchase agreement entered into on April 28, 2025, and that PWRTEK also entered into an agreement
                                            for a six-year dry lease of certain of the acquired assets with ProFrac GDM. We also note
                                            your disclosure that the total consideration for all of the transactions entered into with
                                            ProFrac and its subsidiaries was $105 million. It appears that financial statements and pro
                                            forma financial statements reflecting the acquisitions may be required pursuant to Rule 8-04
                                            and 8-05 of Regulation S-X and Item 11(b) of Form S-3. Please provide the appropriate financial
                                            statements or provide a detailed analysis explaining why you are not required to do so.</I></B></FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Response</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Company acknowledges the Staff&rsquo;s comment and respectfully advises the Staff that the acquisition of the mobile power generation
assets and related intellectual property from ProFrac GDM, LLC (&ldquo;<U>ProFrac</U>&rdquo;) was an acquisition of a collection of assets
and not the acquisition of a &ldquo;business&rdquo; for purposes of Rule 8-04 of Regulation S-X (&ldquo;<U>Rule 8-04</U>&rdquo;), Rule
8-05 of Regulation S-X and Item 11(b) of Form S-3. Accordingly, no audited financial statements or pro-forma information relating to
the acquisition were required to be filed.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I><U>Background</U></I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">As
reported in the Company&rsquo;s Form 8-K filed on April 28, 2025 (the &ldquo;<U>Form 8-K</U>&rdquo;), PWRTEK, LLC, a wholly-owned subsidiary
of the Company (&ldquo;<U>PWRTEK</U>&rdquo;), acquired a collection of assets from ProFrac, which included 14 digitally enhanced mobile
natural gas power generation filtration units, 8 gas distribution units and 8 additional units under construction or to be constructed,
inventory related to the units, and supporting intellectual property (collectively, the &ldquo;<U>Acquired Assets</U>&rdquo;). The Acquired
Assets did not include any other assets held by ProFrac. Also as reported in the Form 8-K and in the Company&rsquo;s Form 8-K/A filed
on May 1, 2025 (the &ldquo;<U>Form 8-K/A</U>&rdquo;), the purchase price for the Acquired Assets was $17.6 million, which equaled the
order shortfall payments (&ldquo;<U>OSP</U>&rdquo;) that ProFrac Services, LLC, an affiliate of ProFrac, owed to the Company under its
previously disclosed Chemical Products Supply Agreement (&ldquo;<U>Supply Agreement</U>&rdquo;). Due to ProFrac&rsquo;s greater than
50% ownership of the Company, the acquisition is deemed a purchase of assets under common control in accordance with FASB Accounting
Standards Codification 805, Business Combinations (&ldquo;<U>ASC 805</U>&rdquo;) resulting in the Company recording ProFrac&rsquo;s historical
book value of $15.1 million on the Company&rsquo;s balance sheet on April 28, 2025.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Separate
and distinct from the acquisition of the Acquired Assets, PWRTEK entered into a six-year lease under (the &ldquo;<U>Lease Agreement</U>&rdquo;)
which ProFrac agreed to lease the Acquired Assets in combination with existing Company-owned technology (referred to by the Company as
its Verax device, which ProFrac rented from the Company prior to the transaction) for set day-rates, and in exchange PWRTEK will receive
a stream of lease payments beginning on the closing date of the transaction through the expiration of the six-year lease period, regardless
of whether the leased assets are in use by ProFrac at any point in time. In connection therewith, the Company agreed to pay ProFrac $87.4
million ($89.9 million for GAAP purposes) for the lease, which was financed through the issuance of a warrant to purchase shares of the
Company&rsquo;s common stock, the issuance of a promissory note and future offset rights against OSP amounts that may become due under
the Supply Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I><U>Applicable
Rules</U></I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Rule
8-04 and Items 2.01 and 9.01 of Form 8-K require audited financial statements to be filed for a significant business that has been acquired.
In deciding whether the provisions of Rule 8-04 apply, the Company must first determine, in accordance with guidance set forth in Rule
11-01 of Regulation S-X (&ldquo;<U>Rule 11-01</U>&rdquo;), whether the Acquired Assets are a &ldquo;business&rdquo; rather than just
a collection of assets. Rule 11-01(d)(2) also considers whether certain attributes remain with the component after the transaction, such
as the physical facilities, employee base, market distribution system, sales force, customer base, operating rights, production techniques
or trade names.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Pre
Transaction Revenue Analysis</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
consideration of Rule 8-04 and Rule 11-01, ProFrac is one of the largest providers of well stimulation services in the United States.
It uses its hydraulic fracturing fleets, along with assorted support equipment, to execute well completions in high pressure/high volume
environments. Under ProFrac&rsquo;s ownership, the Acquired Assets were an embedded sub-set of equipment supporting the broader service
offering ProFrac provides its customers known as &ldquo;fracking&rdquo;, and the Acquired Assets were used solely in support of that
service offering. The Acquired Assets represented only a fraction of the numerous pieces of equipment utilized by ProFrac in fracking
a well, and as such, were considered part of an internal cost center and not an operating asset that specifically generated revenue on
a standalone basis. ProFrac&rsquo;s customers were not separately billed for and did not specifically pay for the services provided by
the Acquired Assets. ProFrac generates revenue by completing the stimulation of a well utilizing a large assortment of equipment, which
included the Acquired Assets. Further, ProFrac had not leased the Acquired Assets to any external parties as the Acquired Assets were
solely utilized as a component of ProFrac&rsquo;s fracking service offering.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Post
Transaction Revenue Analysis</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
contrast, under PWRTEK&rsquo;s ownership the Acquired Assets are being coupled with its Verax device (collectively the &ldquo;<U>New
Asset Package</U>&rdquo;), and the New Asset Package will generate revenue for PWRTEK under a rental model. Under this rental model,
revenue is generated through customers (including ProFrac) renting the New Asset Package for the specific services the assets provide,
facilitating the use of natural gas to generate remote power. The Acquired Assets will not support equipment within a broader collection
of assets providing a service by PWRTEK but are now the sole assets responsible for revenue generation for PWRTEK through the rental
model. While the Acquired Assets will initially continue to support well stimulation through the term of the Lease Agreement with ProFrac,
the Company plans to expand the deployment of the Acquired Assets at the expiration of the Lease Agreement (based on a 10 year economic
life) outside of oilfield services (such as electric grid support and data center power), as those opportunities are expected to provide
a more meaningful impact to the Company as its revenue stream is diversified away from the volatility in upstream oil and gas activities.
In addition, as noted in the Company&rsquo;s Form 8-K, seven gas distribution units and one mobile natural gas power generation filtration
unit included in the Acquired Assets (27% of the total assets acquired) were under construction at the date of acquisition and therefore
had no historical operating activities.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Company has considered the definition of a &ldquo;business&rdquo; as contemplated by Article 11 of Regulation S-X. In particular, Rule
11-01(d) states that a &ldquo;business should be evaluated in light of the facts and circumstances involved and whether there is sufficient
continuity of the acquired entity&rsquo;s operations prior to and after the transactions so that disclosure of prior financial information
is material to an understanding of future operations.&rdquo; More specifically, Rule 11-01(d)(1) considers &ldquo;whether the nature
of the revenue producing activity of the component will remain generally the same as before the transaction.&rdquo; As described above,
the Acquired Assets had no separate or identifiable revenue-producing activity on their own pre-acquisition when held by ProFrac, versus
the post-acquisition rental revenue attributable to the Acquired Assets under the Company&rsquo;s ownership. As the nature of the revenue
producing activity of the Acquired Assets was fundamentally different before and after closing, the Company determined that there was
no acquisition of a &ldquo;business&rdquo; for purposes Article 11 of Regulation S-X.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
purposes of Rule 11-01(d)(2), none of the physical facilities, employee base, market distribution system, sales force, customer base,
operating rights or production techniques were acquired in the asset acquisition. The transaction also excluded any cash and cash equivalents,
working capital, deferred tax assets, and goodwill. Further, the Acquired Assets did not represent any one separate entity, subsidiary,
or division within ProFrac prior to the transaction. Accordingly, the Company concluded that acquisition of the Acquired Assets did not
constitute the acquisition of a &ldquo;business&rdquo; under Rule 11-01(d) of Regulation S-X.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I><U>Conclusion</U></I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Based
on the foregoing, the Company determined that there was no acquisition of a &ldquo;business&rdquo; under Rule 11-01(d) of Regulation
S-X, and as such, no audited financial statements or pro-forma information relating to the acquisition were required to be filed pursuant
to Rules 8-04 and 8-05 of Regulation S-X and Item 11(b) of Form S-3.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Please
do not hesitate to contact the undersigned if you have any questions regarding the foregoing, or if we may provide additional information.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
  <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Very truly yours,</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
  <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
  <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>FLOTEK INDUSTRIES, INC.</B></FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
  <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
  <TD STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>/s/
  Bond Clement</I></FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
  <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Bond Clement</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
  <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief Financial Officer</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3.25in; text-align: justify; text-indent: -2.75in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
<TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">cc:</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ryan
                                            G. Ezell, Flotek Industries, Inc.</FONT></TD></TR><TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
<TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Amy
                                            Blakeway, Flotek Industries, Inc.</FONT></TD></TR>
                                                                                              <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
<TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">E.
                                            James Cowen, Esq., Porter Hedges LLP</FONT></TD></TR>
                                                                                              </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0; text-align: left"></P>

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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
