NESR Provides Update on Plans for SEC Filings and Nasdaq Relisting
NESR Provides Update on Plans for SEC Filings and Nasdaq Relisting
HOUSTON, TX / ACCESSWIRE / September 13, 2023 / National Energy Services Reunited Corp. ("NESR" or the "Company") an international, industry-leading provider of integrated energy services in the Middle East and North Africa ("MENA") region,today provided an update on its ongoing efforts to complete its SEC filings and regain its Nasdaq listing.
德克薩斯州休斯頓/ACCESSWIRE/2023年9月13日/中東和北非(“中東”)地區國際領先的綜合能源服務提供商國家能源服務聯合公司(“NESR”或“公司”)今天提供了其為完成“美國證券交易委員會”申報檔案和重新在“納斯達克”上市所做的持續努力的最新情況。
As previously reported, the Company is working diligently to be in a position as soon as possible to file with the SEC current audited financial statements for the fiscal years ended December 31, 2020, December 31, 2021, and December 31, 2022, and then seek relisting of the Company's securities on the Nasdaq as quickly as possible. The Company determined that it would be most efficient to have a single audit firm conduct the audits of fiscal years 2020, 2021 and 2022 which enables continuity for open, current, and future years. PricewaterhouseCoopers (Dubai Branch) ("PwC") (the 2021 auditor) could not perform the 2020 audit as they are conflicted because of prior non-audit work. Therefore, PwC and the Company have accordingly decided on a mutual basis that PwC should resign, and the Company has engaged Grant Thornton Audit and Accounting Limited (BVI) ("GT") to conduct the 2020, 2021 and 2022 audits.
正如此前報道的那樣，公司正在努力爭取儘快向美國證券交易委員會提交截至2020年12月31日、2021年12月31日和2022年12月31日的當前經審計的財務報表，然後儘快尋求公司證券在納斯達克重新上市。該公司認為，由一家審計公司進行2020財年、2021財年和2022財年的審計將是最有效率的，這樣可以確保開放、當前和未來幾年的連續性。普華永道(迪拜分公司)(“普華永道”)(2021年審計師)無法執行2020年的審計工作，因為它們由於先前的非審計工作而相互衝突。因此，普華永道和本公司已共同決定普華永道應辭職，本公司已聘請均富審計會計有限公司(“GT”)進行2020年、2021年和2022年的審計。
Stefan Angeli, Chief Financial Officer, commented, "We believe that engaging a single audit firm best positions us to meet our goal of filing our financial reports with the SEC and relisting on Nasdaq as quickly as possible. The GT audit engagement team mobilized quickly and audit work on our 2020, 2021, and 2022 financial statements is underway. We are focused on completing our prior audits, establishing a continuous relationship with our audit firm, and getting current in our filings. We appreciate the continued support our customers, shareholders, lenders, and employees have provided throughout this process."
GT首席財務官斯特凡·安傑利評論道：“我們相信，聘請一家審計公司是實現我們在美國證券交易委員會提交財務報告並儘快依賴納斯達克這一目標的最佳條件。GT審計團隊迅速動員起來，對我們2020年、2021年和2022年財務報表的審計工作正在進行中。我們專注於完成之前的審計，與審計公司建立持續的合作關係，並瞭解我們的備案情況。我們感謝客戶、股東、貸款人和員工在整個過程中提供的持續支持。”
Cautionary Statement Regarding Forward Looking Statements
關於前瞻性陳述的警告性聲明
Statements contained in this press release that are not historical fact may be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements may relate to, among other things, the Company's expectations related to completion of the restatement and the timing and filing of its SEC periodic reports, the Company's plans and ability to regain listing of its securities on Nasdaq or another national or international stock exchange, and the Company's expectations related to its business performance, financial condition and results of operation. Such forward-looking statements do not constitute guarantees of future performance and are subject to a variety of risks and uncertainties, including without limitation the identification of errors or adjustments in the ongoing restatement process, the impact of the delayed SEC report filings on the Company's business, including its customers, suppliers, counterparties, and lenders, and the extent of any material weakness or significant deficiencies in the Company's internal control over financial reporting. Additional factors that could cause actual results to differ materially from those projected or suggested in any forward-looking statements are contained in our filings with the SEC, including those factors discussed under the caption "Risk Factors" in such filings.
本新聞稿中包含的非歷史事實的陳述可能是符合1933年《證券法》第27A節和1934年《證券交易法》第21E節的前瞻性陳述。此類前瞻性陳述可能涉及但不限於：公司對完成重述及其美國證券交易委員會定期報告的時間和提交的期望；公司使其證券重新在納斯達克或其他國內或國際證券交易所上市的計劃和能力；以及公司對其經營業績、財務狀況和經營業績的預期。此類前瞻性陳述不構成對未來業績的保證，會受到各種風險和不確定性的影響，包括但不限於在持續重述過程中發現錯誤或調整、延遲提交美國證券交易委員會報告對公司業務(包括其客戶、供應商、交易對手和貸款人)的影響，以及公司對財務報告的內部控制存在任何重大缺陷或重大缺陷的程度。其他可能導致實際結果與前瞻性表述中預測或暗示的結果大不相同的因素包含在我們提交給美國證券交易委員會的檔案中，包括這些檔案中在“風險因素”標題下討論的那些因素。
About NESR
關於Nesr
Founded in 2017, NESR is one of the largest national oilfield services providers in the MENA and Asia Pacific regions. With over 6,000 employees, representing more than 60 nationalities in over 15 countries, the Company helps its customers unlock the full potential of their reservoirs by providing Production Services such as Hydraulic Fracturing, Cementing, Coiled Tubing, Filtration, Completions, Stimulation, Pumping and Nitrogen Services. The Company also helps its customers to access their reservoirs in a smarter and faster manner by providing Drilling and Evaluation Services such as Drilling Downhole Tools, Directional Drilling, Fishing Tools, Testing Services, Wireline, Slickline, Drilling Fluids and Rig Services.
Nesr成立於2017年，是中東和北非和亞太地區最大的國家油田服務提供商之一。該公司擁有6,000多名員工，代表超過15個國家和地區的60多個國家，通過提供水力壓裂、固井、連續油管、過濾、完井、類比、泵送和氮氣服務等生產服務，幫助客戶充分釋放其油氣藏的潛力。該公司還通過提供鑽井和評估服務，如鑽井井下工具、定向鑽井、打撈工具、測試服務、鋼絲繩、繩索、鑽井液和鑽井服務，幫助客戶以更智慧和更快的方式訪問他們的儲層。
For inquiries regarding NESR, please contact:
有關NESR的查詢，請聯繫：
Blake Gendron - VP Investor Relations & Business Development
National Energy Services Reunited Corp.
832-925-3777
investors@nesr.com
Blake Gendron-投資者關係和業務發展副總裁
美國國家能源服務公司聯合成立。
832-925-3777
郵箱：Investors@nerr.com
SOURCE: National Energy Services Reunited Corp
資料來源：美國國家能源服務聯合公司