FTK Investor Notice: Shareholder Rights Law Firm Robbins LLP Reminds Investors of the Class Action Lawsuit Against Flotek Industries, Inc.

Shareholder rights law firm Robbins LLP informs investors that a class action was filed on behalf of all persons and entities who purchased or otherwise acquired Flotek Industries, Inc. (NYSE: FTK) securities between August 3, 2026 and August 17, 2026 (the "Class Period"). Flotek is an energy technology and services company. The complaint alleges that Flotek misled investors by failing to disclose the cancellation of its $400m Puerto Rican deal. Investors who suffered significant losses during the Class Period may be eligible to participate in the lawsuit and should contact Robbins LLP for information about becoming lead plaintiff prior to the October 26, 2026 deadline. According to the complaint defendants failed to disclose to investors: (1) that there were credible reasons to doubt the experience, organization, and financial capacity of the consortium parties for PREPA's power generation project; (2) that, as a result, there was a risk that revenue from the PREPA contract would not be realized; and (3) that, due to the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. On August 3, 2026, Flotek announced it was awarded a 10-year agreement to support a 400 MW natural gas-fired power generation project for the Puerto Rico Electric Power Authority ("PREPA") to help address the island's ongoing energy crisis. Flotek said it expects to generate approximately $400M revenue backlog due to the deal. On August 17, 2026, at approximately 1:20 pm EST, Wolfpack Research published a report alleging Flotek's "$400 million contract with the Puerto Rico Electric Power Authority (PREPA), accounting for ~57% of FTK's backlog, has been canceled." On this news, the price of Flotek's stock fell $7.17, or 20.01%, to close at $28.66 per share on August 17, 2026. Over the next two trading days, the stock continued to fall as Flotek revealed that PREPA had terminated the power purchase and operating agreement with the Company, effective immediately. The lawsuit seeks to represent investors who purchased or otherwise acquired FTK securities between August 3, 2026 and August 17, 2026. Investors who suffered losses during that period may have legal rights under the federal securities laws. The lead plaintiff is a court-appointed investor who represents the interests of all class members throughout the litigation. Serving as lead plaintiff is not required to share in any potential recovery. Investors who do not seek appointment may remain absent class members if the case proceeds and later resolves successfully. Stockholders who wish to lead the class action should speak to Robbins LLP by the October 26, 2026, lead plaintiff deadline. Robbins LLP represents investors on a contingency fee basis. Robbins LLP is a shareholder rights law firm focused on representing investors in securities fraud and shareholder litigation. The firm has helped recover more than $1 billion for investors, obtained significant corporate governance reforms, and has represented shareholders in cases involving alleged violations of the federal securities laws.