HOUSTON, TX / ACCESSWIRE / November 7, 2022 / National Energy Services Reunited Corp. ("NESR" or "the Company") (NASDAQ:NESR)(NASDAQ:NESRW), an international, industry-leading provider of integrated energy services in the Middle East and North Africa ("MENA") region, received a delisting determination letter (the "Determination Letter") on November 1, 2022 from the staff of the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"). The Determination Letter notified the Company that since it had not filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2021 (the "2021 20-F") by October 31, 2022, the deadline by which the Company was to file the 2021 20-F in order to regain compliance with Listing Rule 5250(c)(1), the Company's ordinary shares and warrants are subject to delisting from The Nasdaq Capital Market. The Staff's delisting determination will not immediately result in the suspension of trading or delisting of the Company's securities, and the Nasdaq Listing Rules provide a procedure for the Company to appeal the determination and seek a stay pending the appeal as described below.
National Energy Services Reunited Corp. Announces Receipt of Notice from Nasdaq Regarding Late Filing of Annual Report on Form 20-F
Nov 07, 2022
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