Company: GPOR
Filing Date: 2025-05-29
Form Type: S-3ASR
Source: 0001213900-25-048917
Chunk: 18

Company: GULFPORT ENERGY CORP
Filing Date: 2025-05-29
Form: S-3ASR
Chunk 18
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 Securities that will have an aggregate principal amount equal
to that of the Debt Securities they represent. Each Global Security will be registered in the name of a Depositary or its nominee identified
in the applicable prospectus supplement, will be deposited with such Depositary or nominee or its custodian and will bear a legend regarding
the restrictions on exchanges and registration of transfer thereof referred to below and any such other matters as may be provided for
pursuant to the applicable Indenture.

Governing Law

The Indentures and the Debt
Securities will be governed by, and construed in accordance with, the laws of the State of New York.

The Trustee

We will enter into the Indentures
with a Trustee that is qualified to act under the Trust Indenture Act of 1939, as amended, and with any other Trustees chosen by us and
appointed in a supplemental indenture for a particular series of Debt Securities. We may maintain a banking relationship in the ordinary
course of business with our Trustee and one or more of its affiliates.

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DESCRIPTION OF CAPITAL STOCK</div>

Authorized Capitalization

The Amended and Restated Certificate of Incorporation of the Company
(as amended by the Amendment thereto, the “A&R Certificate of Incorporation”) provides that the Company is authorized
to issue 42,110,000 shares of capital stock, divided into two classes consisting of (a) 42,000,000 shares of Common Stock and (b) 110,000
shares of Preferred Stock, which are all currently designated as Series A Convertible Preferred Stock, par value of $0.0001 per share
(the “Series A Preferred Stock”).

Common Stock

As of April 30, 2025, there
were 17,765,743 shares of Common Stock issued and outstanding.

Voting Rights

Holders of our Common Stock
are entitled to cast one vote for each share held of record on all matters submitted to a vote of the stockholders. There is no cumulative
voting for election of directors. Subject to the prior rights of any series of Preferred Stock which may from time to time be outstanding,
including the Series A Preferred Stock, holders of our Common Stock are entitled to receive ratably dividends when, as and if declared
by the Board out of funds legally available for such purpose and, upon the liquidation, dissolution or winding up of the company, are
entitled to share ratably in