National Energy Services Reunited Corp. (NESR)

Investigation

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of National Energy Services Reunited Corp. (“NESR” or the “Company”) (NASDAQ: NESR). Investors who purchased NESR shares are encouraged to obtain additional information and assist the investigation.

          

The investigation concerns whether NESR violated federal securities laws.

On November 7, 2022, NESR issued a press release advising investors that the Company had “received a delisting determination letter (the ‘Determination Letter’) on November 1, 2022” from Nasdaq, which “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.”  On this news, NESR’s stock price fell $0.56 per share, or 7.7%, to close at $6.71 per share on November 7, 2022.

If you are aware of any facts relating to this investigation or purchased NESR shares, you can assist this investigation. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484. 

 

Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits.  The firm has recovered hundreds of millions of dollars for investors nationwide.  Attorney advertising. Prior results do not guarantee similar outcomes.