On November 27, 2023, Galloway Capital Partners, LLC announced that it quite disappointed with the performance of Koil Energy Solutions, Inc?s common stock. Galloway Capital expressed that the Company is significantly undervalued and, therefore, management needs to explore strategic alternatives to enhance shareholder value, including a possible merger, sale or going private transaction of the Company. In addition, Galloway Capital stated that it would like to recommend a candidate to be selected by it to be appointed to the Company?s Board of Directors and it believes that it can bring strong insight and constructive thoughts to this situation, which would benefit all the shareholders of the Company.