| FORM 3 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
(Country) | 2. Date of Event Requiring Statement
(Month/Day/Year) 05/12/2026 | 3. Issuer Name and Ticker or Trading Symbol
Fervo Energy Co [ FRVO ] | |||||||||||||||
| 3a. Foreign Trading Symbol
| 5. If Amendment, Date of Original Filed
(Month/Day/Year) | ||||||||||||||||
| 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
| 6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Beneficially Owned | |||
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| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Series B Preferred Stock | (1) | (1) | Class A Common Stock | 6,368,028 | (1) | I | By Technology Impact Fund, LP(2) |
| Series C-1 Preferred Stock | (1) | (1) | Class A Common Stock | 8,523,393 | (1) | I | By Technology Impact Growth Fund, II, L.P(3) |
| Series C-3 Preferred Stock | (1) | (1) | Class A Common Stock | 4,266,992 | (1) | I | By Technology Impact Fund, LP(2) |
| Series D-1 Preferred Stock | (1) | (1) | Class A Common Stock | 1,420,447 | (1) | I | By Technology Impact Fund, LP(2) |
| Series D-1 Preferred Stock | (1) | (1) | Class A Common Stock | 2,840,894 | (1) | I | By Technology Impact Growth Fund, II, L.P(3) |
| Series D-3 Preferred Stock | (1) | (1) | Class A Common Stock | 2,724,380 | (1) | I | By Technology Impact Growth Fund, II, L.P(3) |
| Series D-3 Preferred Stock | (1) | (1) | Class A Common Stock | 5,448,761 | (1) | I | By TIGF II Direct Strategies LLC - Series 5(4) |
| Series E-1 Preferred Stock | (1) | (1) | Class A Common Stock | 873,763 | (1) | I | By Technology Impact Growth Fund, II, L.P(3) |
| Series E-1 Preferred Stock | (1) | (1) | Class A Common Stock | 1,760,732 | (1) | I | By TIGF II Direct Strategies LLC - Series 7(5) |
1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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| Explanation of Responses: |
| 1. Each share of the Series B, Series C-1, Series C-3, Series D-1, Series D-3 and Series E-1 Preferred Stock will convert into Class A Common Stock immediately prior to the completion of the Issuer's initial public offering pursuant to its terms and has no expiration date. |
| 2. Securities are held directly by Technology Impact Fund, LP ("TIF I"). TIF Partners, LLC ("TIF Partners I") is the general partner of TIF I and Ion Yadigaroglu and Dipender Saluja are the managers of TIF Partners I. Each of TIF Partners I and Messrs. Yadigaroglu and Saluja may be deemed to to beneficially own the securities held by TIF I. Each of TIF Partners I and Mr. Saluja disclaims beneficial ownership of such securities except to the extent of its or his respective pecuniary interest therein. Mr. Yadigaroglu is a director of the Issuer and files separate Section 16 reports. |
| 3. Securities are held directly by Technology Impact Growth Fund, II, L.P ("TIGF II"). TIGF Partners II, LLC ("TIGF Partners II") is the general partner of TIGF II and Ion Yadigaroglu and Dipender Saluja are the managers of TIGF Partners II. Each of TIGF Partners II and Messrs. Yadigaroglu and Saluja may be deemed to to beneficially own the securities held by TIGF II. Each of TIGF Partners II and Mr. Saluja disclaims beneficial ownership of such securities except to the extent of its or his respective pecuniary interest therein. Mr. Yadigaroglu is a director of the Issuer and files separate Section 16 reports. |
| 4. Securities are held directly by TIGF II Direct Strategies LLC - Series 5 ("TIGF II DS 5"). TIGF Partners II is the manager of TIGF II DS 5 and Ion Yadigaroglu and Dipender Saluja are the managers of TIGF Partners II. Each of TIGF Partners II and Messrs. Yadigaroglu and Saluja may be deemed to to beneficially own the securities held by TIGF II DS 5. Each of TIGF Partners II and Mr. Saluja disclaims beneficial ownership of such securities except to the extent of its or his respective pecuniary interest therein. Mr. Yadigaroglu is a director of the Issuer and files separate Section 16 reports. |
| 5. Securities are held directly by TIGF II Direct Strategies LLC - Series 7 ("TIGF II DS 7"). TIGF Partners II is the manager of TIGF II DS 7 and Ion Yadigaroglu and Dipender Saluja are the managers of TIGF Partners II. Each of TIGF Partners II and Messrs. Yadigaroglu and Saluja may be deemed to to beneficially own the securities held by TIGF II DS 7. Each of TIGF Partners II and Mr. Saluja disclaims beneficial ownership of such securities except to the extent of its or his respective pecuniary interest therein. Mr. Yadigaroglu is a director of the Issuer and files separate Section 16 reports. |
| TIF Partners, LLC, By /s/ Dipender Saluja, Manager | 05/12/2026 | |
| Technology Impact Fund, LP, By TIF Partners, LLC, its General Partner, By /s/ Dipender Saluja, Manager | 05/12/2026 | |
| TIGF II Direct Strategies LLC - Series 7, By TIGF Partners II, LLC, its Manager, By /s/ Dipender Saluja, Manager | 05/12/2026 | |
| /s/ Dipender Saluja | 05/12/2026 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||
| * Form 3: SEC 1473 (03-26) | ||