Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
May 11 2022 - 3:35PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Form
6-K
REPORT
OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For
the month of May 2022
Commission
File Number: 001-38091
NATIONAL
ENERGY SERVICES REUNITED CORP.
(Exact
name of Registrant as specified in its charter)
Not
Applicable
(Translation
of registrant’s name into English)
777
Post Oak Blvd., Suite 730
Houston,
Texas 77056
(Address
of principal executive office)
Indicate
by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form
20-F ☒ Form 40-F ☐
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Yes ☐ No ☒
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Yes ☐ No ☒
Information
Contained in this Form 6-K Report
On
May 6, 2022, National Energy Services Reunited Corp. (“NESR” or “the Company”) (NASDAQ:NESR) (NASDAQ:NESRW) received
a notice (the “Notice”) from the Nasdaq Capital Market (“Nasdaq”) indicating that, as a result of not having
timely filed its annual report on Form 20-F for the year ended December 31, 2021 (the “Form 20-F”), the Company was not in
compliance with the Nasdaq’s continued listing requirements under the timely filing criteria established in Nasdaq Listing Rule
5250(c)(1) which requires timely filing of all required periodic reports with the Securities and Exchange Commission (“SEC”)
on or prior to the due date thereof or by the extended filing due date provided by Rule 12b-25.
The
Notice states that the Company is required to submit a plan by July 5, 2022, to regain compliance with Rule 5250(c)(1).
If the plan is accepted by Nasdaq, then Nasdaq can grant the Company up to 180 calendar days from the due date of the Form 20-F to regain
compliance, or until October 31, 2022. The Notice has no immediate impact on the listing of the Company’s securities, which will
continue to trade on the Nasdaq, subject to the Company’s compliance with the other continued listing requirements of the Nasdaq.
As previously disclosed by the Company on its Form 12b-25 filed with the SEC on May 3, 2022, the Company’s Form 20-F for the year
ended December 31, 2021, cannot be filed by the prescribed due date without unreasonable effort and expense because the Company requires
additional time to complete the previously announced restatement of the Company’s consolidated financial statements for the fiscal
years ended December 31, 2018, 2019 and 2020.
The
Company is working diligently to complete the Form 20-F as soon as possible.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
| |
NATIONAL
ENERGY SERVICES REUNITED CORP. |
| |
|
|
| Date:
May 11, 2022 |
By:
|
/s/
Stefan Angeli |
| |
Name: |
Stefan
Angeli |
| |
Title: |
Chief
Financial Officer |
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