Filing Details

1	NAMES OF REPORTING PERSONS
	Merced Capital, L.P.
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP			(a)	☐
				(b)	☐
3	SEC USE ONLY
4	SOURCE OF FUNDS (SEE INSTRUCTIONS)
	AF
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)				☐
6	CITIZENSHIP OR PLACE OF ORGANIZATION
	Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7	SOLE VOTING POWER
			0
		8	SHARED VOTING POWER
			7,736,528 (1)
		9	SOLE DISPOSITIVE POWER
			0
		10	SHARED DISPOSITIVE POWER
			7,736,528 (1)
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	7,736,528 (1)
12	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)				☐
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
	5.45%
14	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
	IA, PN

1.	This amount includes 1,235,417 Common Units (as defined herein) held for the account of Merced Partners V, L.P. and (ii) 6,501,111 Common Units held for the account of Athilon Capital Corp. LLC.

1	NAMES OF REPORTING PERSONS
	Series E of Merced Capital Partners, LLC
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP			(a)	☐
				(b)	☐
3	SEC USE ONLY
4	SOURCE OF FUNDS (SEE INSTRUCTIONS)
	AF
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)				☐
6	CITIZENSHIP OR PLACE OF ORGANIZATION
	Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7	SOLE VOTING POWER
			0
		8	SHARED VOTING POWER
			7,736,528 (1)
		9	SOLE DISPOSITIVE POWER
			0
		10	SHARED DISPOSITIVE POWER
			7,736,528 (1)
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	7,736,528 (1)
12	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)				☐
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
	5.45%
14	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
	OO

 

1.	This amount includes 1,235,417 Common Units held for the account of Merced Partners V, L.P. and (ii) 6,501,111 Common Units held for the account of Athilon Capital Corp. LLC.

EXPLANATORY NOTE

Item 4 of the Schedule 13D is hereby amended and supplemented as follows:

On December 19, 2023, the Company announced its entry into a definitive merger agreement (“Merger Agreement”) pursuant to which Kodiak Gas Services, Inc., a Delaware corporation (“Kodiak”), will acquire the Company through a series of mergers (the “Mergers”).

As a material inducement to Kodiak entering into the Merger Agreement, on December 19, 2023, Merced Capital, L.P. and certain other Common Unitholders who, together with Merced Capital, L.P., collectively own approximately 54% of the outstanding Common Units (the “Supporting Unitholders”) entered into separate Support and Lockup Agreements with the Issuer, its general partner, and Kodiak (the “Support Agreements” and, with respect to the Support and Lockup Agreement signed by Merced Capital, L.P., the “Merced Support Agreement”).

Pursuant to the terms of the Merced Support Agreement, Merced Capital, L.P. agreed to, among other things, promptly following the time when the registration statement on Form S-4 has been declared effective by the Commission under the Securities Act of 1933, as amended, and Merced Capital, L.P. has received from Kodiak a copy of the consent statement/prospectus included therein, execute and deliver a written consent covering all of Merced Capital, L.P.’s Common Units approving each of the matters for which the Company is soliciting consents of the holders of Common Units in accordance with the Merger Agreement pursuant to the consent statement/prospectus (the “Agreement to Deliver Written Consent”).  Merced Capital, L.P. also agreed that, for a period of 180 days from the closing of the Mergers, subject to certain exceptions, it would not transfer the shares of common stock of Kodiak that it receives in connection with the Mergers (the “Post-Closing Lock-Up”).  In order to secure the obligations set forth in the Merced Support Agreement, Merced Capital, L.P. appointed Kodiak with full power of substitution and re-substitution, as its true and lawful proxy and attorney-in-fact, only in the event that Merced Capital, L.P. does not comply with its obligation to deliver its written consents with respect to its Common Units within a specified period.

The foregoing description of the Merced Support Agreement does not purport to be complete and is qualified in its entirety by reference to the Merced Support Agreement, a copy of which is filed as Exhibit 3 to this Schedule 13D and is incorporated herein by reference.

Item 6 of the Schedule 13D is hereby amended and supplemented as follows:

The response to Item 4 of this Schedule 13D is incorporated herein by reference.

Item 7 of the Schedule 13D is hereby amended and supplemented as follows:

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete, and correct.

 

Attention: Intentional misstatements or omissions of fact constitute federal violations (see 18 U.S.C. 1001)

 

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