BKV Corporation

Item 1.01. Entry into a Material Definitive Agreement. On October 2, 2026, a wholly owned subsidiary of BKV Corporation (“BKV” or the “Company”) entered into an equipment supply contract (the “Supply Contract”) with a Tier 1 supplier (the "Supplier") for the purchase of power generation equipment, including two turbines, certain balance of plant equipment and related services (collectively, the “Equipment”), for the Company’s prospective power generation project in Texas. Under the Supply Contract, the Supplier will supply and deliver the Equipment between September 2028 and May 2029 for an aggregate purchase price of approximately $800.0 million (the “Contract Price”). $80.0 million in reservation fees previously paid by the Company are credited against the Contract Price. The remainder of the Contract Price is payable in installments from October 2026 through December 2028. Inclusive of the $80.0 million reservation fee credit, approximately $200.0 million of the Contract Price is due on or before March 31, 2027. Approximately 90% of the portion of the Contract Price due on or before March 31, 2027 is covered by way of a backstop agreement with a leading investment grade hyperscaler. This hyperscaler is also the intended offtaker for the Company’s prospective power generation project. If we have not reached mutually agreeable offtake arrangements by March 31, 2027, then BKV may at such time terminate the Supply Contract for convenience and have no further payment obligations thereunder. The foregoing description of the Supply Contract does not purport to be complete and is qualified in its entirety by reference to the full text of the Supply Contract, a copy of which will be filed as an exhibit to the Company’s Annual Report on Form 10-K for the fiscal year ending December 31, 2026.

Item 7.01. Regulation FD Disclosure. On October 7, 2026, BKV issued a press release announcing the entry into the Supply Contract. A copy of the press release is furnished with this Current Report on Form 8-K as Exhibit 99.1. The information furnished pursuant to this Item 7.01, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise incorporated by reference into any filing pursuant to the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise expressly stated in such filing.