UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_______________________________

FORM 8-K

_______________________________

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~June~~July 253, 2020

_______________________________

Hi-Crush Inc.

(Exact name of registrant as specified in its charter)

_______________________________



Delaware	001-35630	90-0840530
(State or Other Jurisdiction of Incorporation or Organization)	(Commission File Number)	(IRS Employer Identification No.)

1330 Post Oak Blvd., Suite 600

Houston, Texas 77056

(Address of Principal Executive Offices and Zip Code)

(713) 980-6200

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following (See General Instruction A.2 below):



☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:



Title of each class	Trading symbol	Name of each exchange on which registered
Common stock, par value $0.01 per share	HCR	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2 1.0201 ~~Results~~Entry ofInto ~~Operations~~Material ~~and~~Definitive ~~Financial Condition~~Agreement.

OnAs previously reported, on June 25 22, 2020, Hi-Crush Inc. (the "Company") ~~issued~~and certain of its subsidiaries entered into a ~~press~~forbearance ~~release~~agreement ~~announcing~~and ~~its~~amendment ~~first~~to ~~quarter~~the ~~2020~~Company’s ~~financial~~senior ~~results~~secured ~~and~~revolving ~~additional~~credit ~~financial~~facility (the "ABL Credit Facility") with the lenders under the ABL Credit Facility (the "ABL Lenders" and, ~~operational~~such ~~updates~~agreement, the "Forbearance Agreement"). ~~The~~ ~~press~~Pursuant ~~release~~to isthe ~~being~~Forbearance ~~furnished~~Agreement, ~~with~~the ~~this~~ABL ~~Current~~Lenders ~~Report~~agreed onto ~~Form~~forbear 8from exercising default-Krelated rights and remedies with respect to the Company’s failure to be in compliance with the springing fixed charge coverage ratio financial covenant under the ABL Credit Facility (~~this~~the "~~Current~~Specified ~~Report~~Default") asuntil ~~Exhibit 99~~the earlier of (a) 11:59 p.1m., Houston time on July 5, 2020 or (b) the date the Forbearance Agreement otherwise terminates in accordance with its terms.

InOn ~~accordance~~July ~~with~~3, ~~General Instruction B.2 to Form 8-K~~2020, the ~~information~~Company ~~provided under this Item 2.02~~ and ~~the~~certain ~~information~~of ~~attached~~its tosubsidiaries ~~this~~entered ~~Current~~into ~~Report~~an asAmendment ~~Exhibit~~(the ~~99.1 shall be deemed to be~~ "~~furnished~~Amendment") ~~and~~with ~~shall~~respect ~~not be deemed~~ to bethe ~~"filed"~~Forbearance ~~for~~Agreement ~~purposes~~with ~~of Section 18 of~~ the ~~Securities~~ABL ~~Exchange Act of 1934~~Lenders, aspursuant ~~amended~~to (which the ~~"Exchange~~ABL ~~Act"),~~Lenders oragreed ~~otherwise subject~~ to extend the ~~liabilities~~term of ~~that~~the ~~section,~~Forbearance ~~nor~~Agreement ~~shall~~until itthe beearlier ~~deemed~~of ~~incorporated~~(a) by11:59 ~~reference~~p.m., inHouston ~~any~~time ~~filing~~on ~~under~~July ~~the Securities Act of 1933~~12, as2020 ~~amended~~or (~~"the "Securities Act"~~b), or the ~~Exchange~~date ~~Act~~the ~~except~~Forbearance asAgreement ~~expressly~~otherwise ~~set~~terminates ~~forth~~in byaccordance ~~specific~~with ~~reference~~its ~~in such filing~~terms.

The occurrence or continuation of another event of default under the ABL Credit Facility, a breach of any representation or warranty in the Forbearance Agreement or the failure to comply with any term or agreement in the Forbearance Agreement, will result in the early termination of the forbearance period.

The foregoing description of the Amendment is a summary only and is qualified in its entirety by reference to the complete text of the Amendment, which is attached hereto as Exhibit 10.1, and incorporated by reference into this Item 1.01.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit Number		Exhibit Description
99.1		Press Release dated June 25, 2020 announcing first quarter 2020 financial results and additional financial and operational updates.
10.1		First Amendment to Forbearance Agreement and Amendment to Credit Agreement, dated July 3, 2020.
101		Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		Hi-Crush Inc.
Date:	~~June~~July 256, 2020	By:	/s/ J. Philip McCormick, Jr.
			J. Philip McCormick, Jr.
			Chief Financial Officer

Filing Compare · Hi-Crush Inc.