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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
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SCHEDULE 13D/A 0001839882-23-028790 0001641794 XXXXXXXX LIVE 7 Common Stock, par value $0.01 per share 12/31/2025 false 0000799165 239360100 DAWSON GEOPHYSICAL CO 508 West Wall, Suite 800 Midland TX 79701 Brian Cross (817) 850-3600 Wilks Brothers, LLC 17010 IH 20 Cisco TX 76437 0001641792 Dan Wilks a OO X1 0 24658746 0 24658746 24658746 N 79.42 IN 0001641796 Staci Wilks a OO X1 0 349 0 349 349 N 0 IN 0001662888 Wilks Brothers, LLC a WC TX 0 24658746 0 24658746 24658746 N 79.42 OO 0001641794 Farris Wilks a OO X1 0 24658746 0 24658746 24658746 N 79.42 IN 0001891025 WB Acquisitions Inc. a OO DE 0 0 0 0 0 N 0 CO Common Stock, par value $0.01 per share DAWSON GEOPHYSICAL CO 508 West Wall, Suite 800 Midland TX 79701 This Amendment No. 7 (this "Amendment") amends and supplements the Schedule 13D originally filed by Dan Wilks, Staci Wilks, Wilks Brothers, LLC ("Parent") and Farris Wilks with the Securities and Exchange Commission (the "SEC") on January 19, 2021, as amended by Amendment No. 1 thereto filed on October 25, 2021, Amendment No. 2 thereto filed on January 14, 2022, Amendment No. 3 thereto filed on January 28, 2022, Amendment No. 4 thereto filed on June 26, 2023, Amendment No. 5 thereto filed on October 30, 2023 and Amendment No. 6 thereto filed on October 29, 2025 (collectively, the "Schedule 13D"), relating to shares of common stock, par value $0.01 per share ("Common Stock"), of Dawson Geophysical Company (the "Issuer"). All capitalized terms contained herein but not otherwise defined shall have the meanings ascribed to such terms in the Schedule 13D. Information given in response to each item shall be deemed incorporated by reference in all other items, as applicable. This Schedule 13D is being filed jointly Dan Wilks, Staci Wilks, Wilks Brothers, LLC, Farris Wilks, and WB Acquisitions Inc. (collectively, the "Reporting Persons"). Dan Wilks 17018 IH 20 Cisco, TX 76437 Staci Wilks 17018 IH 20 Cisco, TX 76437 Wilks Brothers, LLC 17018 IH 20 Cisco, TX 76437 Farris Wilks 17018 IH 20 Cisco, TX 76437 WB Acquisitions Inc. 17018 IH 20 Cisco, TX 76437 The principal business of Parent is investing in securities. Parent is a manager-managed limited liability company. The principal occupation of Dan Wilks is self-employed investor. The principal occupation of Staci Wilks is self-employed investor. The principal occupation of Farris Wilks is self-employed investor. The principal business of WB Acquisitions Inc. ("WBA") is investing in securities. WBA is a wholly-owned subsidiary of Parent. No Reporting Person has, during the last five (5) years, been convicted in any criminal proceeding (excluding traffic violations or similar misdemeanors). No Reporting Person has, during the last five (5) years, been a party to any civil proceeding of a judicial or administrative body of competent jurisdiction which resulted in or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Dan Wilks is a citizen of the United States of America. Staci Wilks is a citizen of the United States of America. Parent is a limited liability company organized under the laws of the State of Texas. Farris Wilks is a citizen of the United States of America. WBA is a corporation organized under the laws of the State of Delaware. Item 4 of the Schedule 13D is hereby amended and supplemented to include the following: On December 31, 2025, WBA adopted the Plan of Complete Liquidation and Dissolution of WBA (the "Dissolution Plan"), which Dissolution Plan was approved by Parent, as the sole stockholder of WBA (the "Dissolution"). In connection with the Dissolution, WBA and Parent entered into the Distribution Agreement by and between WBA and Parent, pursuant to which WBA agreed to distribute all of the 15,547,010 shares of Common Stock directly held by WBA to Parent in an in-kind distribution for no additional consideration, effective as of December 31, 2025 (the "Distribution"). Immediately following the Distribution, WBA beneficially owned 0 shares of Common Stock and Parent directly owned 24,658,746 shares of Common Stock. Except for the change in Parent's beneficial ownership from indirect to direct with respect to 15,547,010 shares of Common Stock distributed by WBA to Parent, Parent's aggregate beneficial ownership of Common Stock remained unchanged immediately following the Distribution. Further, as previously reported, the Reporting Persons intend to engage in discussions with the Issuer with respect to one or more transactions involving assets owned by the Reporting Persons and/or certain of their affiliates, which may include, among other things, asset contributions or sales, a business combination transaction or other similar transactions. There is no guarantee that the Reporting Persons (or their applicable affiliates) and the Issuer will enter into a definitive agreement regarding any such a transaction. As previously reported, the Reporting Persons intend to review their investment in the Issuer on a continuing basis. Depending on various factors including, without limitation, the Issuer's financial position and investment strategy, the price levels of the shares of Common Stock, conditions in the securities markets and general economic and industry conditions, the Reporting Persons intend to continue to consider, explore and/or develop plans and may in the future take such actions with respect to their investment in the Issuer as they deem appropriate including, without limitation, engaging in communications with the Issuer's management and the Board, engaging in discussions with shareholders of the Issuer and others about the Issuer and the Reporting Persons' investment, making proposals to the Issuer concerning strategic transactions, including business combinations, a sale of the Issuer as a whole or in parts or acquisitions or investments by the Issuer, changes to the capital allocation strategy, capitalization, ownership structure, Board structure (including Board composition), operations of the Issuer, purchasing additional shares of Common Stock, selling some or all of their shares of Common Stock, engaging in short selling of or any hedging or similar transaction with respect to the shares of Common Stock, or take any other actions with respect to their investment in the Issuer permitted by law, including any or all of the actions set forth in paragraphs (a) - (j) of Item 4 of Schedule 13D. Each Reporting Person's beneficial ownership of Common Stock and percentage ownership as of the date of this Amendment is reflected on that Reporting Person's cover page, which is incorporated herein by reference. The percent of class stated therein for each Reporting Person is based on the 31,047,801 shares of Common Stock of Issuer issued and outstanding as of November 10, 2025, as reported in the Issuer's Quarterly Report filed with the SEC on November 13, 2025. Immediately following the Distribution, Parent beneficially owned 24,658,746 shares of Common Stock, representing 79.42% of the issued and outstanding Common Stock, all of which was directly owned by Parent. If Parent were deemed to be a group with Staci Wilks, such group would beneficially own 24,659,095 shares of Common Stock. Parent is a manager-managed limited liability company, managed by Dan Wilks and Farris Wilks. Dan Wilks and Farris Wilks are brothers and may be deemed to indirectly beneficially own the shares of Common Stock directly beneficially owned by Parent. Items 7 through 10 of the cover pages of this Schedule 13D for each of the Reporting Persons are incorporated herein by reference. Not applicable. Not applicable. WBA ceased to be the beneficial owner of more than five percent of Common Stock. 99.1 Directors and Officers of Certain Reporting Persons. Dan Wilks /s/ Dan Wilks Dan Wilks/ Self 01/05/2026 Staci Wilks /s/ Staci Wilks Staci Wilks/ Self 01/05/2026 Wilks Brothers, LLC /s/ Dan Wilks Dan Wilks /Manager 01/05/2026 Farris Wilks /s/ Farris Wilks Farris Wilks/Self 01/05/2026 WB Acquisitions Inc. /s/ Dan Wilks Dan Wilks /Authorized Signatory 01/05/2026