IPO: KKR-backed Preferred Sands files S-1

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Prior to the consummation of the reorganization transactions described below and this offering, all of Preferred Proppants’ outstanding equity interests, including its Class A Units, Class B Units and Class B Incentive Units, were owned by the following persons, whom we refer to collectively as the “Preferred Proppants Pre-IPO Members”: • affiliates and managed accounts…

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