If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. Checkbox not checked

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D




Comment for Type of Reporting Person:
(1) Matthew D. Wilks is the Vice President of Investments of THRC Holdings, LP, a Texas limited partnership (THRC Holdings) and Executive Chairman of the Issuer. (2) This calculation is based on 160,146,602 shares of Class A Common Stock outstanding as of November 1, 2024, as disclosed on the Issuer's Form 10-Q filed with the SEC on November 6, 2024.


SCHEDULE 13D




Comment for Type of Reporting Person:
(1) THRC Holdings owns (i) 77,477,816 shares of Class A Common Stock of Issuer and (ii) warrants to purchase 42,744 shares of Class A Common Stock. The general partner of THRC Holdings is THRC Management LLC, a Texas limited liability company. Dan Wilks is the sole member of THRC Management LLC. Heavenly Father's Foundation, a 501(c)(3) private foundation (the Foundation) owns 1,719,733 shares of Class A Common Stock of Issuer. Dan Wilks and his wife Staci Wilks are the Trustees of the Foundation. (2) This calculation is based on (i) 160,146,602 shares of Class A Common Stock outstanding as of November 1, 2024, as disclosed on the Issuer's Form 10-Q filed with the SEC on November 6, 2024 and (ii) 42,744 shares of Class A Common Stock issuable to THRC Holdings upon exercise of warrants to purchase shares of Class A Common Stock.


SCHEDULE 13D




Comment for Type of Reporting Person:
(1) THRC Holdings owns (i) 77,477,816 shares of Class A Common Stock and (ii) warrants to purchase 42,744 shares of Class A Common Stock. The general partner of THRC Holdings is THRC Management LLC, a Texas limited liability company. Dan Wilks is the sole member of THRC Management LLC. (2) This calculation is based on (i) 160,146,602 shares of Class A Common Stock outstanding as of November 1, 2024, as disclosed on the Issuer's Form 10-Q filed with the SEC on November 6, 2024 and (ii) 42,744 shares of Class A Common Stock issuable to THRC Holdings upon exercise of warrants to purchase shares of Class A Common Stock.


SCHEDULE 13D




Comment for Type of Reporting Person:
(1) THRC Holdings owns (i) 77,477,816 shares of Class A Common Stock and (ii) warrants to purchase 42,744 shares of Class A Common Stock. THRC Management is the general partner of THRC Holdings. Dan Wilks is the sole member of THRC Management. (2) This calculation is based on (i) 160,146,602 shares of Class A Common Stock outstanding as of November 1, 2024, as disclosed on the Issuer's Form 10-Q filed with the SEC on November 6, 2024 and (ii) 42,744 shares of Class A Common Stock issuable to THRC Holdings upon exercise of warrants to purchase shares of Class A Common Stock.


SCHEDULE 13D




Comment for Type of Reporting Person:
(1) FARJO Holdings, LP, a Texas limited partnership (FARJO Holdings), owns 977,778 shares of Class A Common Stock, the Farris and Jo Ann Wilks 2022 Family Trust, a Texas irrevocable trust (the Farris Trust), owns 58,571,444 shares of Class A Common Stock (the number of shares owned by the Farris Trust is subject to change based on an appraisal) and Farris Wilks owns 826,376 shares of Class A Common Stock. FARJO Management, LLC, a Texas limited liability company (FARJO Management), is the general partner of FARJO Holdings. Farris Wilks and Jo Ann Wilks are the members of FARJO Management. Farris Wilks and Jo Ann Wilks each serve as a trustee of the Farris Trust and, in such capacity, share dispositive power over the shares of Class A Common Stock owned by the Farris Trust. Farris Wilks has sole voting power over the shares of Class A Common Stock owned by the Farris Trust. (2) This calculation is based on 160,146,602 shares of Class A Common Stock outstanding as of November 1, 2024, as disclosed on the Issuer's Form 10-Q filed with the SEC on November 6, 2024.


SCHEDULE 13D




Comment for Type of Reporting Person:
(1) FARJO Holdings owns 977,778 shares of Class A Common Stock and the Farris Trust owns 58,571,444 shares of Class A Common Stock (the number of shares owned by the Farris Trust is subject to change based on an appraisal). FARJO Management is the general partner of FARJO Holdings. Farris Wilks and Jo Ann Wilks are the members of FARJO Management. Farris and Jo Ann Wilks each serve as a trustee of the Farris Trust and, in such capacity, share dispositive power over the shares of Class A Common Stock owned by the Farris Trust. Farris Wilks has sole voting power over the shares of Class A Common Stock owned by the Farris Trust. (2) This calculation is based on 160,146,602 shares of Class A Common Stock outstanding as of November 1, 2024, as disclosed on the Issuer's Form 10-Q filed with the SEC on November 6, 2024.


SCHEDULE 13D




Comment for Type of Reporting Person:
(1) The Farris Trust owns 58,571,444 shares of Class A Common Stock (the number of shares owned by the Farris Trust is subject to change based on an appraisal). Farris and Jo Ann Wilks each serve as a trustee of the Farris Trust and, in such capacity, share dispositive power over the shares of Class A Common Stock owned by the Farris Trust. Farris Wilks has sole voting power over the shares of Class A Common Stock owned by the Farris Trust. (2) This calculation is based on 160,146,602 shares of Class A Common Stock outstanding as of November 1, 2024, as disclosed on the Issuer's Form 10-Q filed with the SEC on November 6, 2024.


SCHEDULE 13D




Comment for Type of Reporting Person:
(1) FARJO Holdings owns 977,778 shares of Class A Common Stock. FARJO Management is the general partner of FARJO Holdings. Farris Wilks and Jo Ann Wilks are the members of FARJO Management. (2) This calculation is based on 160,146,602 shares of Class A Common Stock outstanding as of November 1, 2024, as disclosed on the Issuer's Form 10-Q filed with the SEC on November 6, 2024.


SCHEDULE 13D




Comment for Type of Reporting Person:
(1) FARJO Holdings owns 977,778 shares of Class A Common Stock. FARJO Management is the general partner of FARJO Holdings. Farris Wilks and Jo Ann Wilks are the members of FARJO Management. (2) This calculation is based on 160,146,602 shares of Class A Common Stock outstanding as of November 1, 2024, as disclosed on the Issuer's Form 10-Q filed with the SEC on November 6, 2024.


SCHEDULE 13D




Comment for Type of Reporting Person:
(1) The Foundation owns 1,719,733 shares of Class A Common Stock. Dan Wilks and his wife Staci Wilks are trustees of the Foundation. (2) This calculation is based on 160,146,602 shares of Class A Common Stock outstanding as of November 1, 2024, as disclosed on the Issuer's Form 10-Q filed with the SEC on November 6, 2024.


SCHEDULE 13D


 
Matthew D. Wilks
 
Signature:*
Name/Title:Matthew D. Wilks
Date:12/31/2024
 
Dan Wilks
 
Signature:*
Name/Title:Dan H. Wilks
Date:12/31/2024
 
THRC Management, LLC
 
Signature:/s/ Robert Early
Name/Title:Robert Early/Attorney-in-Fact
Date:12/31/2024
 
THRC Holdings, LP
 
Signature:/s/ Robert Early
Name/Title:Robert Early/Attorney-in-Fact
Date:12/31/2024
 
Farris Wilks
 
Signature:*
Name/Title:Farris C. Wilks
Date:12/31/2024
 
Jo Ann Wilks
 
Signature:*
Name/Title:Jo Ann Wilks
Date:12/31/2024
 
Farris and Jo Ann Wilks 2022 Family Trust
 
Signature:/s/ Robert Early
Name/Title:Robert Early/Attorney-in-Fact
Date:12/31/2024
 
FARJO Holdings, LP
 
Signature:/s/ Robert Early
Name/Title:Robert Early/Attorney-in-Fact
Date:12/31/2024
 
FARJO Management, LLC
 
Signature:/s/ Robert Early
Name/Title:Robert Early/Attorney-in-Fact
Date:12/31/2024
 
Heavenly Father's Foundation
 
Signature:/s/ Robert Early
Name/Title:Robert Early/Attorney-in-Fact
Date:12/31/2024
Comments accompanying signature:
By: /s/ Robert Early, Robert Early, as Attorney-in-Fact