| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| THRC Holdings, LP | 10%+ Owner | 17018 INTERSTATE 20, CISCO | /s/ Robert B. Early, Attorney-in-Fact | 18 Aug 2025 | 0001754159 |
| THRC Management, LLC | 10%+ Owner | 17018 IH 20, CISCO | /s/ Robert B. Early, Attorney-in-Fact | 18 Aug 2025 | 0001834450 |
| Wilks Dan H. | 10%+ Owner | 17018 INTERSTATE 20, CISCO | /s/ Robert B. Early, Attorney-in-Fact | 18 Aug 2025 | 0001641792 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ACDC | Class A common stock, par value $0.01 per share | Purchase | $10,000,000 | +2,500,000 | +3.1% | $4.00 | 82,389,657 | 14 Aug 2025 | Direct | F1, F2, F3, F4 |
| Id | Content |
|---|---|
| F1 | The reported price in Column 4 is the offering price of a public offering of Class A Common Stock of the Issuer that closed on August 14, 2025 under an shelf registration as filed on Form S-3. (Please refer to the Issuer's filing on Form 8-K dated August 14, 2025.) |
| F2 | THRC Holdings LP, a Texas limited partnership ("THRC"), directly owns (i) 80,623,143 shares of Class A Common Stock of Issuer, (ii) 30,000 shares of Series A Redeemable Convertible Preferred Stock that are convertible into 1,723,770 shares of Class A Common Stocka, and (iii) warrants to purchase 42,744 shares of Class A Common Stock. (Note: The number of Class A Common shares that the Preferred Stock may be converted into has increased by 33,799 subsequent to the previous Form 4 filing due the a PIK dividend provision of the Preferred Stock.) |
| F3 | THRC Holdings, LP, a Texas limited partnership ("THRC"), directly holds the securities of the Issuer. THRC Management, LLC, a Texas limited liability company ("THRC Management"), as General Partner of THRC, has exclusive voting and investment control over the shares of the Issuer's Class A common stock held by THRC, and therefore may be deemed to beneficially own such shares. Dan Wilks, as sole manager of THRC Management, may be deemed to exercise voting and investment power over the shares of the Issuer's Class A common stock directly owned by THRC, and therefore may be deemed to beneficially own such shares. |
| F4 | Each Reporting Person disclaims beneficial ownership of all equity securities reported herein except to the extent of its respective pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any equity securities covered by this Form 4. |