# EDGAR Filing Document

**Accession Number:** 0001866581
**File Stem:** 0001866581-25-000188
**Filing Date:** 2025-8
**Character Count:** 22001
**Document Hash:** 889f0fc019d2b7c30b86847c6e6b2f73
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001866581-25-000188.hdr.sgml**: 20250811

**ACCESSION NUMBER**: 0001866581-25-000188

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13G/A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250811

**DATE AS OF CHANGE**: 20250811

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Dutch Bros Inc.
- **CENTRAL INDEX KEY:** 0001866581
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-EATING & DRINKING PLACES [5810]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 871041305
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-93124
- **FILM NUMBER:** 251202122

**BUSINESS ADDRESS:**
- **STREET 1:** 1930 W RIO SALADO PKWY
- **CITY:** TEMPE
- **STATE:** AZ
- **ZIP:** 85281
- **BUSINESS PHONE:** (877) 899-2767

**MAIL ADDRESS:**
- **STREET 1:** 1930 W RIO SALADO PKWY
- **CITY:** TEMPE
- **STATE:** AZ
- **ZIP:** 85281
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Boersma Travis
- **CENTRAL INDEX KEY:** 0001883154

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G/A

**MAIL ADDRESS:**
- **STREET 1:** C/O DUTCH BROS INC.
- **STREET 2:** PO BOX 1929
- **CITY:** GRANTS PASS
- **STATE:** OR
- **ZIP:** 97528

## Exhibit 99.1

**<u>Exhibit 99.1</u>**

Reporting Person: **Travis Boersma**

Numbers presented in rows 5 through 9 consist of (i)(x) 455,276 Class A common units ("Class A Common Units") of Dutch Mafia, LLC, a Delaware limited liability company and a direct subsidiary of the Issuer ("Dutch Mafia") (paired with an equal number of shares of Class B common stock of the Issuer ("Class B Common Stock," and such Class A Common Units paired with shares of Class B Common Stock, "Paired Units")), which are convertible into shares of Class A common stock of the Issuer ("Class A Common Stock") upon the corresponding surrender and cancellation of an equal number of shares of Class B Common Stock, held by DMI Holdco, LLC, a Delaware limited liability company ("DMI Holdco") and (y) 258,484 Class A Common Units (such Class A Units were previously paired with an equal number of shares of Class B Common Stock, which were transferred and surrendered to the Issuer for no consideration pursuant to that certain Share Surrender Agreement, dated May 16, 2024 (such Class A Common Units that are not paired with shares of Class B Common Stock, "Decoupled Units")), which are convertible into shares of Class A Common Stock, held by DMI Holdco; (ii)(x) 3,085,182 shares of Class A Common Stock held by DM Trust Aggregator, LLC, a Delaware limited liability company ("DM Trust Aggregator"), (y) 20,598,536 Paired Units, which are convertible into shares of Class A Common Stock upon the corresponding surrender and cancellation of an equal number of shares of Class B Common Stock, held by DM Trust Aggregator, and (z) 8,554,365 Decoupled Units, which are convertible into shares of Class A Common Stock, held by DM Trust Aggregator; and (iii)(x) 1,940,245 shares of Class A Common Stock held by DM Individual Aggregator, LLC, a Delaware limited liability company ("DM Individual Aggregator"), (y) 14,157,134 Paired Units, which are convertible into shares of Class A Common Stock upon the corresponding surrender and cancellation of an equal number of shares of Class B Common Stock, held by DM Individual Aggregator, and (z) 4,176,877 Decoupled Units, which are convertible into shares of Class A Common Stock, held by DM Individual Aggregator, for which Travis Boersma is deemed to have the power to direct the disposition and vote of the shares.

The percentage presented in row 11 is calculated based on 126,960,284 shares of Class A Common Stock outstanding as of July 31, 2025 and assuming the conversion of (i) 35,210,946 Paired Units into 35,210,946 shares of Class A Common Stock and the corresponding surrender and cancellation of 35,210,946 shares of Class B Common Stock and (ii) 12,989,726 Decoupled Units into 12,989,726 shares of Class A Common Stock.

Reporting Person: **DMI Holdco, LLC**

Numbers presented in rows 5 through 9 consist of (x) 455,276 Paired Units which are convertible into shares of Class A Common Stock upon the corresponding surrender and cancellation of 455,276 shares of Class B Common Stock, and (y) 258,484 Decoupled Units, which are convertible into shares of Class A Common Stock.

The percentage presented in row 11 is calculated based on 126,960,284 shares of Class A Common Stock outstanding as of July 31, 2025 and assuming the conversion of (x) 455,276 Paired Units into 455,276 shares of Class A Common Stock and the corresponding surrender and cancellation of 455,276 shares of Class B Common Stock and (y) 258,484 Decoupled Units into 258,484 shares of Class A Common Stock.

Reporting Person: **DM Trust Aggregator, LLC**

Numbers presented in rows 5 through 9 consist of (x) 3,085,182 shares of Class A Common Stock, (y) 20,598,536 Paired Units, which are convertible into shares of Class A Common Stock upon the corresponding surrender and cancellation of 20,598,536 shares of Class B Common Stock, and (z) 8,554,365 Decoupled Units, which are convertible into shares of Class A Common Stock.

------

The percentage presented in row 11 is calculated based on 126,960,284 shares of Class A Common Stock outstanding as of July 31, 2025 and assuming the conversion of (x) 20,598,536 Paired Units into 20,598,536 shares of Class A Common Stock and the corresponding surrender and cancellation of 20,598,536 shares of Class B Common Stock and (y) 8,554,365 Decoupled Units into 8,554,365 shares of Class A Common Stock.

Reporting Person: **DM Individual Aggregator, LLC**

Numbers presented in rows 5 through 9 consist of (x) 1,940,245 shares of Class A Common Stock, (y) 14,157,134 Paired Units, which are convertible into shares of Class A Common Stock upon the corresponding surrender and cancellation of 14,157,134 shares of Class B Common Stock, and (z) 4,176,877 Decoupled Units, which are convertible into shares of Class A Common Stock.

The percentage presented in row 11 is calculated based on 126,960,284 shares of Class A Common Stock outstanding as of July 31, 2025 and assuming the conversion of (x) 14,157,134 Paired Units into 14,157,134 shares of Class A Common Stock and the corresponding surrender and cancellation of 14,157,134 shares of Class B Common Stock and (y) 4,176,877 Decoupled Units into 4,176,877 shares of Class A Common Stock.

<u>Item 4</u>

Pursuant to the Fifth Amended and Restated Limited Liability Company Agreement of Dutch Mafia, dated February 7, 2025 (the "Dutch Mafia Limited Liability Company Agreement"), at the option of the holder, Class A Common Units may be redeemed or exchanged for shares of Class A Common Stock on a one-for-one basis and are included in the amounts of Class A Common Stock beneficially owned, provided that in the case of Paired Units, an equal number of shares of Class B Common Stock shall be surrendered to and cancelled by the Issuer upon such redemption or exchange, in accordance with the terms and procedures set forth in the Dutch Mafia Limited Liability Company Agreement. Multiple members hold ownership interests in DMI Holdco, LLC, DM Individual Aggregator, LLC, and DM Trust Aggregator, LLC, including Mr. Boersma. Mr. Boersma disclaims beneficial ownership of the securities held by DMI Holdco, LLC, DM Individual Aggregator, LLC, and DM Trust Aggregator, LLC except to the extent of Mr. Boersma's pecuniary interest in such securities.

**Travis Boersma**

(a) Amount beneficially owned: 53,226,099

(b) Percent of class: 30.4%

(c) Number of shares as to which such person has:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (i) Sole power to vote or to direct the vote: 53,226,099

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (ii) Shared power to vote or to direct the vote: 0

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (iii) Sole power to dispose or to direct the disposition of: 53,226,099

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (iv) Shared power to dispose or to direct the disposition of: 0

**DMI Holdco, LLC**

(a) Amount beneficially owned: 713,760

(b) Percent of class: 0.6%

(c) Number of shares as to which such person has:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (i) Sole power to vote or to direct the vote: 713,760

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (ii) Shared power to vote or to direct the vote: 0

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (iii) Sole power to dispose or to direct the disposition of: 713,760

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (iv) Shared power to dispose or to direct the disposition of: 0

**DM Trust Aggregator, LLC** 

(a) Amount beneficially owned: 32,238,083

(b) Percent of class: 20.7%

(c) Number of shares as to which such person has:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (i) Sole power to vote or to direct the vote: 32,238,083

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (ii) Shared power to vote or to direct the vote: 0

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (iii) Sole power to dispose or to direct the disposition of: 32,238,083

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (iv) Shared power to dispose or to direct the disposition of: 0

**DM Individual Aggregator, LLC** 

(a) Amount beneficially owned: 20,274,256

(b) Percent of class: 14.0%

(c) Number of shares as to which such person has:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (i) Sole power to vote or to direct the vote: 20,274,256

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (ii) Shared power to vote or to direct the vote: 0

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (iii) Sole power to dispose or to direct the disposition of: 20,274,256

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (iv) Shared power to dispose or to direct the disposition of: 0

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13G

### Under the Securities Exchange Act of 1934

**(Amendment No. 5)**

**Issuer:** Dutch Bros Inc.

**Title of Class of Securities:** Class A Common Stock, $0.00001 par value per share

**CUSIP Number:** 26701L100

**Date of Event Which Requires Filing of this Statement:** 06/30/2025

**Check the appropriate box to designate the rule pursuant to which this Schedule is filed:**

- [ ] Rule 13d-1(b)

- [ ] Rule 13d-1(c)

- [x] Rule 13d-1(d)

---

| 1. | Names of Reporting Persons<br>Travis Boersma | Names of Reporting Persons<br>Travis Boersma |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>X1 | Citizenship or Place of Organization<br>X1 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>53226099.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>53226099.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>0.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>53226099.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>53226099.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>30.4% | Percent of Class Represented by Amount in Row (9)<br>30.4% |
| 12. | Type of Reporting Person (See Instructions)<br>IN | Type of Reporting Person (See Instructions)<br>IN |

**Comment for Type of Reporting Person:** For additional information regarding rows 5 through 11, see Exhibit 99.1 hereto.

---

| 1. | Names of Reporting Persons<br>DMI Holdco, LLC | Names of Reporting Persons<br>DMI Holdco, LLC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>713760.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>713760.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>0.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>713760.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>713760.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>0.6% | Percent of Class Represented by Amount in Row (9)<br>0.6% |
| 12. | Type of Reporting Person (See Instructions)<br>CO | Type of Reporting Person (See Instructions)<br>CO |

**Comment for Type of Reporting Person:** For additional information regarding rows 5 through 11, see Exhibit 99.1 hereto.

---

| 1. | Names of Reporting Persons<br>DM Trust Aggregator, LLC | Names of Reporting Persons<br>DM Trust Aggregator, LLC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>32238083.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>32238083.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>0.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>32238083.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>32238083.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>20.7% | Percent of Class Represented by Amount in Row (9)<br>20.7% |
| 12. | Type of Reporting Person (See Instructions)<br>CO | Type of Reporting Person (See Instructions)<br>CO |

**Comment for Type of Reporting Person:** For additional information regarding rows 5 through 11, see Exhibit 99.1 hereto.

---

| 1. | Names of Reporting Persons<br>DM Individual Aggregator, LLC | Names of Reporting Persons<br>DM Individual Aggregator, LLC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>20274256.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>20274256.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>0.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>20274256.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>20274256.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>14.0% | Percent of Class Represented by Amount in Row (9)<br>14.0% |
| 12. | Type of Reporting Person (See Instructions)<br>CO | Type of Reporting Person (See Instructions)<br>CO |

**Comment for Type of Reporting Person:** For additional information regarding rows 5 through 11, see Exhibit 99.1 hereto.

---

**Item 1(a). Name of Issuer:**
Dutch Bros Inc.

**Item 1(b). Address of Issuer's Principal Executive Offices:**
1930 W. Rio Salado Pkwy, Tempe, AZ, 85281

**Item 2(a). Name of Person Filing:**
The persons filing this statement are Travis Boersma, DM Trust Aggregator, LLC, DM Individual Aggregator, LLC, and DMI Holdco, LLC. Together, Travis Boersma, DM Trust Aggregator, LLC, DM Individual Aggregator, LLC, and DMI Holdco, LLC are the "Reporting Persons."

**Item 2(b). Address of Principal Business Office:**
c/o Dutch Bros Inc.
1930 W. Rio Salado Pkwy
Tempe, Arizona 85281

**Item 2(c). Citizenship:**
Travis Boersma is a United States citizen.
DM Trust Aggregator, LLC is a Delaware limited liability company.
DM Individual Aggregator, LLC is a Delaware limited liability company.
DMI Holdco, LLC, is a Delaware limited liability company.

**Item 2(d). Title of Class of Securities:**
Class A Common Stock, $0.00001 par value per share

**Item 2(e). CUSIP Number:**
26701L100

**Item 3. If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:**

(a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e) [ ] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f) [ ] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g) [ ] A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j) [ ] A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), if filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

(k) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

**Item 4. Ownership:**

**(a) Amount beneficially owned:**

See Exhibit 99.1 hereto.

**(b) Percent of class:**

See Exhibit 99.1 hereto.

**(c) Number of shares as to which the person has:**

**(i) Sole power to vote or to direct the vote:**

See Exhibit 99.1 hereto.

**(ii) Shared power to vote or to direct the vote:**

See Exhibit 99.1 hereto.

**(iii) Sole power to dispose or to direct the disposition of:**

See Exhibit 99.1 hereto.

**(iv) Shared power to dispose or to direct the disposition of:**

See Exhibit 99.1 hereto.

**Item 5. Ownership of Five Percent or Less of a Class.**

[x] If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.

**Item 6. Ownership of More than 5 Percent on Behalf of Another Person.**

Not Applicable

**Item 7. Identification and Classification of the Subsidiary**

Not Applicable

**Item 8. Identification and Classification of Members of the Group**

Not Applicable

**Item 9. Notice of Dissolution of Group**

Not Applicable

**Item 10. Certification:**

—

### 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.

**Travis Boersma**

**Date:** 08/11/2025

**By:** /s/ Thomas P. Conaghan, Attorney-in-Fact

**Name & Title:** Travis Boersma

**DMI Holdco, LLC**

**Date:** 08/11/2025

**By:** /s/ Thomas P. Conaghan

**Name & Title:** Thomas P. Conaghan/Attorney-in-Fact for Travis Boersma, Manager

**DM Trust Aggregator, LLC**

**Date:** 08/11/2025

**By:** /s/ Thomas P. Conaghan

**Name & Title:** Thomas P. Conaghan/Attorney-in-Fact for Travis Boersma, Manager

**DM Individual Aggregator, LLC**

**Date:** 08/11/2025

**By:** /s/ Thomas P. Conaghan

**Name & Title:** Thomas P. Conaghan/Attorney-in-Fact for Travis Boersma, Manager