Exhibit 107.1
Calculation of Filing Fee Tables
Form S-3
(Form Type)
Flotek Industries, Inc.
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered Securities
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Security Type |
Security Class Title |
Fee Calculation or Carry Forward Rule |
Amount Registered |
Proposed Maximum Offering Price Per Unit |
Maximum Aggregate Offering Price |
Fee Rate |
Amount of Registration Fee |
Carry Forward Form Type |
Carry Forward File Number |
Carry Forward Initial effective date | Filing Fee Previously Paid In Connection with Unsold Securities to be Carried Forward |
| Newly Registered Securities |
Fees to Be Paid | Equity | Common Stock, par value $0.0001 per share | 457(c) | 93,729(1) | $0.7488(2) | $70,184.28 | 0.00011020 | $7.73 | | | | |
| Carry Forward Securities |
Carry Forward Securities | |
| | | |
| | |
|
|
|
|
| Total Offering Amounts | | $70,184.28 | | $7.73 | | | | |
| Total Fees Previously Paid | | | | $0 | | | | |
| Total Fee Offsets | | | | $0 | | | | |
| Net Fee Due | | | | $7.73 | | | | |
(1)Pursuant to a Registration Statement on Form S-3 (File No. 333-264875) (the “Prior Registration Statement”), which was initially filed on May 11, 2022 and declared effective by the Securities and Exchange Commission on May 20, 2022, the registrant previously registered the offer and sale of an aggregate of 25,272,832 shares of common stock issuable upon the conversion of (i) the 10% Convertible PIK Notes originally issued to ProFrac Holdings, LLC pursuant to that certain Note Purchase Agreement, dated February 2, 2022, between Flotek Industries, Inc. and ProFrac Holdings, LLC and (ii) the 10% Convertible PIK Notes originally issued to ProFrac Holdings, LLC pursuant to that certain Master Transaction Agreement, dated February 2, 2022, between Flotek Industries, Inc. and ProFrac Holdings, LLC. Pursuant to their terms, the 10% Convertible PIK Notes were converted at maturity into a Pre-Funded Warrant to Purchase Common Stock of the Company, dated February 2, 2023 (the “Pre-Funded Warrant”), held by ProFrac Holdings II, LLC to purchase an aggregate of 25,366,561 shares of common stock. In accordance with Rule 462(b) under the Securities Act of 1933, as amended, and General Instruction IV.A of Form S-3, the registrant is hereby registering the offer and sale of an additional 93,729 shares of its common stock issued upon the exercise of the Pre-Funded Warrant. The additional amount of securities that is being registered for offer and sale represents no more than 20% of the securities registered under the Prior Registration Statement. In addition, in accordance with Rule 416 under the Securities Act of 1933, as amended, this registration statement also covers an indeterminate number of additional shares of common stock that may be offered or issued to prevent dilution resulting from stock splits, stock dividends or similar transactions.
(2)Estimated solely for the purpose of calculating the registration fee in accordance with Rule 457(c) of the Securities Act of 1933 and based on the average of the high and low prices of a share of the registrant’s common stock as reported on the New York Stock Exchange on September 18, 2023.
