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National Energy Services Reuni SEC Filings

NESRW NASDAQ

Welcome to our dedicated page for National Energy Services Reuni SEC filings (Ticker: NESRW), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

Parsing a National Energy Services Reunited Corp (NESR) filing can feel like navigating a multi-stage well in a high-pressure Middle-East reservoir—complex, data-heavy, and packed with critical footnotes. Revenue is broken out between Production Services and Drilling & Evaluation, capex disclosures dive into hydraulic-fracturing fleets, and Form 4 filings often involve NESRW warrant exercises. Missing a detail here could skew your view of contract margins with national oil companies.

Stock Titan solves that challenge. Our AI instantly turns every 300-page 10-K into an executive summary, flags each National Energy Services Reunited Corp insider trading Form 4 transaction the moment it hits EDGAR, and links key metrics back to segment performance. Whether you search for “National Energy Services Reunited Corp quarterly earnings report 10-Q filing” or “NESR 8-K material events explained,” you land on the same real-time hub—updated the second a document is posted.

  • AI-powered summaries translate technical drilling jargon into clear insights
  • Form 4 dashboards track NESR executive stock transactions and NESRW warrant conversions in real-time
  • Side-by-side views of Production vs. Drilling segment results for easy trend analysis

Investors use these tools to monitor insider sentiment before material announcements, compare quarter-over-quarter revenue growth, and spot changes in capital commitments for high-pressure pumping equipment. From the National Energy Services Reunited Corp annual report 10-K simplified to “understanding NESR SEC documents with AI,” every filing type—10-Q, 8-K, proxy statement executive compensation, and National Energy Services Reunited Corp earnings report filing analysis—is covered, summarized, and searchable. Complex disclosures, finally clear.

Rhea-AI Summary

National Energy Services Reunited Corp. (NESRW) presents interim condensed financials showing higher accounts receivable and unbilled revenue at June 30, 2025 versus December 31, 2024: Accounts receivable, net $191,047k (prior $137,265k) and Unbilled revenue $114,635k (prior $111,734k). Property, plant and equipment, net was $423,856k versus $438,146k, while goodwill remained at $645,095k. Short-term borrowings were $65,997k and current installments of long-term debt were $65,912k. Total loans and borrowings decreased to $288,828k from $323,122k. The company drew $290.3m of the Term Loan and had $59.2m available under its revolving credit facility at June 30, 2025. Basic earnings per share declined to $0.16 from $0.20 in the comparable prior period. Capital expenditures in the period totaled $59,867k. Income tax expense and effective tax rates for reported periods are included as presented.

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Rhea-AI Summary

National Energy Services Reunited Corp. (NESR) filed Amendment No. 2 to its Schedule TO, disclosing the final results of its issuer tender offer and related consent solicitation for its publicly traded warrants (ticker: NESRW).

  • Exchange ratio: 0.10 ordinary shares for each warrant validly tendered.
  • Participation: 34,135,493 warrants—approximately 96.05% of the outstanding total—were tendered before the 11:59 p.m. ET deadline on 30 June 2025.
  • Settlement: All properly tendered warrants will be exchanged on or before 3 July 2025, resulting in the issuance of roughly 3.41 million ordinary shares—far fewer than the 34 million shares that could have been created upon full warrant exercise.
  • Consent Solicitation: Holders representing the same 96.05% approved an amendment to the 2017 Warrant Agreement that allows NESR to mandatorily convert any remaining warrants at a reduced 0.09-share ratio. This amendment will be executed concurrently with settlement, effectively eliminating the remaining 3.95% warrants (~1.4 million units).
  • Capital-structure impact: Total dilution from both the voluntary exchange and forced conversion will add approximately 3.5 million shares (<1.5% of NESR’s current basic share count, assuming ~240 million shares outstanding), while removing up to 35 million potential shares of overhang. The move simplifies equity capitalization, reduces future dilution risk and may lower warrant-related volatility.
  • Regulatory status: The underlying Form F-4 registration statement became effective on 24 June 2025; a 1 July 2025 press release announcing the results and effectiveness is incorporated by reference.

Bottom line: The near-universal acceptance provides clarity on NESR’s fully diluted share count and removes warrant overhang—generally viewed as shareholder-friendly—while warrant holders receive a modest equity stake in lieu of optionality.

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Rhea-AI Summary

National Energy Services Reunited Corp announces an exchange offer for its outstanding warrants, allowing holders to receive 0.10 Ordinary Shares for each Warrant tendered. The offer expires at 11:59 P.M. ET on June 30, 2025.

Key details of the exchange offer:

  • Currently 35,540,380 Warrants are outstanding
  • Concurrent consent solicitation to amend Warrant Agreement allowing forced conversion at 0.09 shares per warrant
  • 54.78% of warrant holders, including CEO Sherif Foda, have agreed to tender
  • No minimum tender condition required
  • Company intends to require conversion of remaining warrants 15 days after expiration if amendment approved

The exchange offer aims to simplify the company's capital structure. BTIG, LLC serves as dealer manager. The offer is subject to registration statement effectiveness and other conditions. Warrants may be delisted from NASDAQ following completion due to reduced public float.

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Rhea-AI Summary

National Energy Services Reunited Corp has received SEC Notice of Effectiveness for their Form F-4 registration statement (File No. 333-287661), which became effective on June 24, 2025 at 4:00 P.M.

Form F-4 typically indicates one of the following significant corporate actions:

  • Registration of securities for foreign private issuers in connection with business combinations
  • Exchange offers
  • Mergers and acquisitions involving foreign companies

This effectiveness notice for the F-4 filing suggests that NESR (trading warrants under symbol NESRW) has received regulatory approval to proceed with their proposed corporate transaction. Investors should review the full F-4 document for detailed information about the specific transaction structure, terms, and potential impact on their securities.

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Rhea-AI Summary

National Energy Services Reunited Corp (NESRW) has filed Amendment No. 1 to its Schedule TO regarding a tender offer for its outstanding warrants. The company is offering 0.10 Ordinary Shares in exchange for each outstanding warrant tendered by holders.

Simultaneously, the company is conducting a Consent Solicitation seeking approval to amend the Warrant Agreement dated May 11, 2017. The proposed amendment would allow the company to require mandatory conversion of remaining warrants into 0.09 Ordinary Shares after the tender offer closes - a 10% lower ratio than the voluntary exchange offer.

Key updates in this amendment:

  • References an amended Registration Statement on Form F-4 filed June 23, 2025
  • Replaces the original Prospectus/Offer to Exchange from May 30, 2025
  • Requires approval from holders of majority of outstanding warrants

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Rhea-AI Summary

National Energy Services Reunited Corp. (NESR) has filed Amendment No. 1 to its Form F-4 to launch a warrant exchange offer and related consent solicitation.

  • Offer terms: Holders of the 35,540,380 publicly-traded warrants (ticker NESRW) may tender each warrant for 0.10 NESR ordinary shares. No cash is paid; fractional share entitlements will be rounded up to the next whole share.
  • Consent solicitation: By tendering, holders also consent to amend the May 11 2017 Warrant Agreement so the company can force-convert any untendered warrants at 0.09 shares per warrant—a 10 % lower ratio.
  • Support already secured: Parties owning approximately 54.78 % of outstanding warrants, including the CEO Sherif Foda and director Antonio Campo Mejia, have signed a Tender and Support Agreement to exchange and consent, effectively assuring approval of the amendment (majority threshold).
  • Timing: The offer expires 11:59 p.m. ET on 30 June 2025, unless extended. Withdrawal rights last until the same deadline.
  • Conditions: No minimum tender requirement. Effectiveness is conditioned on the Form F-4 becoming effective. The company may withdraw the offer if other stated conditions fail.
  • Listing impact: NESRW warrants remain listed on Nasdaq during the process but could be delisted if public float shrinks materially after completion.

Strategic rationale: Converting warrants cleans up the capital structure, removes an overhang that can pressure the share price, and simplifies future financing. The maximum share issuance—about 3.55 million shares (or 3.20 million on forced conversion)—represents dilution but gives finality to potential future exercises at higher dilution multiples.

NESR’s board approved the transactions but offers no recommendation; investors must weigh near-term dilution against potential long-term benefits of eliminating high-leverage derivative securities.

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FAQ

What is the current stock price of National Energy Services Reuni (NESRW)?

The current stock price of National Energy Services Reuni (NESRW) is $0.5 as of July 17, 2025.
National Energy Services Reuni

NASDAQ:NESRW

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35.54M
Crude Petroleum and Natural Gas Extraction
Oil & Gas Field Services, Nec
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