The information required by Items 4(a)-(c) is set forth in Rows 5-11 of the cover pages hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.
As of the date hereof, STC directly holds 8,682,920 shares of common stock, par value $0.0001 per share (“Common Stock”), of the Issuer, constituting approximately 17.4% of the 50,035,824 shares of Common Stock outstanding as of November 14, 2023, as reported on the Form 10-Q submitted by the Issuer to the SEC on November 14, 2023. In addition, STC has the right to receive an additional 1,981,164 shares of Common Stock if, on or before December 16, 2026, the Common Stock meets or exceeds certain target prices as set forth in the Merger Agreement. Since SHC controls STC, it is deemed to beneficially own the Common Stock held directly by STC. Since Schlumberger BV controls SHC, it is deemed to beneficially own the Common Stock held directly by STC. Since Schlumberger Limited controls Schlumberger BV, it is deemed to beneficially own the Common Stock held directly by STC.
On September 19, 2022, the Reporting Persons entered into a Joint Filing Agreement relating to the filing of a Schedule 13G with respect to the Issuer, a copy of which is annexed hereto as Exhibit 99.1.
Item 5. | Ownership of Five Percent or Less of a Class. |
Not applicable.
Item 6. | Ownership of More than Five Percent on Behalf of Another Person. |
Not applicable.
Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. |
Not applicable.
Item 8. | Identification and Classification of Members of the Group. |
Not applicable.
Item 9. | Notice of Dissolution of a Group. |
Not applicable.
Not applicable.