Item 4 of the Schedule 13D is hereby amended and supplemented as follows:
Pursuant to the A&R SHA (as defined and described in the Original Schedule 13D), Buzzard Midstream LLC and its affiliates (collectively, "ISQ") have the right to designate two directors to the Board (as defined in the Original Schedule 13D) for so long as ISQ Beneficially Owns (as such term is defined in the A&R SHA) 20% or more of the outstanding shares of Class A Common Stock and Class C Common Stock (collectively, "Common Stock") and one director for so long as ISQ Beneficially Owns 10% or more but less than 20% of the shares of Common Stock outstanding. Based on the definition of "Beneficial Owner" in the A&R SHA, the 1,600,399 shares of Class A Common Stock which ISQ may acquire under the terms of the Contribution Allocation Agreement (which may be issued solely to the extent a corresponding forfeiture of Restricted Shares (as defined in the Original Schedule 13D) has occurred) are excluded from ISQ's aggregate Beneficial Ownership for purposes of the A&R SHA.
Following the sale of 3,952,431 shares of Class A Common Stock for the account of Buzzard Midstream LLC on March 4, 2025, which was reported in Amendment No. 9, ISQ Beneficially Owns an aggregate 28,533,684 shares of Common Stock for purposes of the A&R SHA (consisting of 1,044,520 shares of Class A Common Stock and 27,489,164 shares of Class C Common Stock), which represents approximately 18.1% of the shares of Common Stock outstanding for purposes of the A&R SHA, based on the sum of (i) 60,078,190 shares of Class A Common Stock outstanding as of February 21, 2025 and (ii) 97,696,784 shares of Class C Common Stock outstanding as of February 21, 2025, each of which was reported in the Issuer's annual report on Form 10-K filed with the SEC on March 3, 2025. As a result of the sale on March 4, 2025, ISQ has the right to designate one director to the Board.
In connection therewith, on March 12, 2025, Jesse Krynak, one of the two (2) directors on the Board designated by ISQ, resigned from the Board.