NESR Completes Subsidiary Acquisition
Ticker: NESR · Form: 6-K · Filed: Jun 17, 2024 · CIK: 1698514
| Field | Detail |
|---|---|
| Company | National Energy Services Reunited CORP. (NESR) |
| Form Type | 6-K |
| Filed Date | Jun 17, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: acquisition, subsidiary, corporate-structure
TL;DR
NESR just bought out its own subsidiary, cleaning up the cap table.
AI Summary
On June 14, 2024, National Energy Services Reunited Corp. announced the completion of its previously disclosed acquisition of all outstanding shares of its subsidiary, National Energy Services Reunited LLC. This transaction effectively consolidates the company's ownership structure.
Why It Matters
This move simplifies National Energy Services Reunited Corp.'s corporate structure, potentially leading to more streamlined operations and clearer reporting.
Risk Assessment
Risk Level: low — The filing is a routine corporate action and does not introduce new financial or operational risks.
Key Players & Entities
- National Energy Services Reunited Corp. (company) — Registrant
- National Energy Services Reunited LLC (company) — Subsidiary acquired
- June 14, 2024 (date) — Date of transaction announcement
FAQ
What was the specific transaction announced by National Energy Services Reunited Corp. on June 14, 2024?
The company announced the completion of its acquisition of all outstanding shares of its subsidiary, National Energy Services Reunited LLC.
What is the exact name of the registrant filing this report?
The registrant's exact name is National Energy Services Reunited Corp.
What is the Commission File Number for this filing?
The Commission File Number is 001-38091.
What is the principal executive office address of National Energy Services Reunited Corp.?
The principal executive office is located at 777 Post Oak Blvd., Suite 730, Houston, Texas 77056.
Does National Energy Services Reunited Corp. file annual reports under Form 20-F or Form 40-F?
The company indicates it files annual reports under Form 20-F.
Filing Stats: 486 words · 2 min read · ~2 pages · Grade level 17.5 · Accepted 2024-06-17 16:05:32
Filing Documents
- form6-k.htm (6-K) — 37KB
- 0001493152-24-024099.txt ( ) — 38KB
SIGNATURES
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: June 17, 2024 By: /s/ Stefan Angeli Name: Stefan Angeli Title: Chief Financial Officer 3