Tender Offer - National Energy Services Reunited Corp.
Form Type: 425
Filing Date: 2025-05-19
Corporate Action: Tender-offer
Type: New
Accession Number: 000164117225011467
Filing Summary: On May 19, 2025, National Energy Services Reunited Corp. (NESR) announced its plans to commence an exchange offer and consent solicitation for its outstanding warrants to purchase ordinary shares. The offer allows warrant holders to exchange each warrant for 0.10 ordinary shares, and concurrent consent solicitation aims to amend the warrant agreement to convert remaining outstanding warrants to 0.09 ordinary shares for each warrant post-offer. A majority of warrant holders have agreed to participate in the offer and consent solicitation. The exchange offer has not yet commenced and will be conducted through definitive documentation filed with the SEC.
Additional details:
Subject Company: National Energy Services Reunited Corp.
Warrant Exchange Ratio: 0.10
Warrant Conversion Ratio: 0.09
Majority Holder Participation: Yes
Form Type: SC TO-C
Filing Date: 2025-05-19
Corporate Action: Tender-offer
Type: New
Accession Number: 000164117225011465
Filing Summary: On May 19, 2025, National Energy Services Reunited Corp. (NESR) announced its intention to commence an exchange offer and consent solicitation relating to its outstanding warrants. This announcement, issued as a press release, is considered a preliminary communication that precedes the formal commencement of the tender offer. The company has stated that detailed materials, including instructions on how to participate in the exchange offer, will be provided to warrant holders at the appropriate time. NESR emphasizes that this communication is informational and not an offer to purchase securities. It also warns of the uncertainties surrounding the commencement of the exchange offer and includes cautionary statements regarding forward-looking information. The company has acknowledged potential risks that may affect the outcome of the proposed exchange offer and has advised warrant holders to review forthcoming materials carefully before making any decisions regarding their warrants.
Additional details:
Name Of Subject Company: National Energy Services Reunited Corp.
Name Of Filing Persons: National Energy Services Reunited Corp.
Title Of Class Of Securities: Warrants to Purchase Ordinary Shares, no par value
Cusip Number: G6375R115
Name Of Person Authorized: Jennifer Howard
Address Of Person Authorized: 777 Post Oak Boulevard, Suite 730, Houston, Texas 77056
Telephone Number Of Person Authorized: (832) 925-3777
Name Of Counsel: William B. Nelson
Address Of Counsel: 800 Capitol Street, Suite 2200, Houston, TX 77002
Telephone Number Of Counsel: (713) 354-4800
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