FTK EQUITY ACTION REMINDER: Faruqi & Faruqi, LLP Reminds Flotek Industries Investors of Securities Class Action Lawsuit Deadline on October 26, 2026

Faruqi & Faruqi, LLP , a leading national securities law firm, is investigating potential claims against Flotek Industries, Inc. ("Flotek Industries" or the "Company") (NYSE: FTK) and reminds investors of the October 26, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

The complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (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, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

On August 17, 2026, 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, Flotek's stock price fell $7.17, or 20.01%, to close at $28.66 per share on August 17, 2026, on unusually heavy trading volume.

On August 18, 2026, before the market opened, the Company announced the Financial Oversight and Management Board for Puerto Rico voted to direct the PREPA to terminate a 10-year power generation contract in which Flotek holds project responsibilities. On this news, Flotek's stock price fell $1.64, or 5.72%, to close at $27.02 on August 18, 2026, on unusually heavy trading volume.

On August 19, 2026, before the market opened, Flotek confirmed the termination of the Puerto Rico power contract. The Company disclosed that PREPA delivered formal notice terminating the power purchase and operating agreement with the company, effective immediately. On this news, Flotek's stock price fell $1.85, or 6.85%, to close at $25.17 per share on August 19, 2026, on unusually heavy trading volume.