Report of Foreign Issuer (6-k)
14 November 2019 - 12:51PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Form
6-K
REPORT
OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For
the month of November 2019
Commission
File Number: 001-38091
NATIONAL
ENERGY SERVICES REUNITED CORP.
(Exact
name of Registrant as specified in its charter)
Not
Applicable
(Translation
of registrant’s name into English)
777
Post Oak Blvd., Suite 730
Houston,
Texas 77056
(Address
of principal executive office)
Indicate
by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form
20-F [X] Form 40-F [ ]
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Yes [ ]
No [X]
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Yes [ ]
No [X]
Information
Contained in this Form 6-K Report
On
November 10, 2019, each of Adnan Ghabris and Salem Al Noaimi resigned from their positions as directors on the Board of Directors
(the “Board”) of National Energy Services Reunited Corp. (the “Company”) effective as of November 10,
2019. Additionally, Mr. Al Noaimi resigned from his position as the chairman of the Audit Committee. Each of Mr. Ghabris and Mr.
Al Noaimi’s resignations did not involve any disagreements with the Company.
On
November 10, 2019, the Board elected Yousef Al Nowais and Amr Al Menhali to the Board effective as of November 10, 2019. Mr. Al
Nowais serves as a representative of Al Nowais Investments LLC (“ANI”) and Mr. Menhali serves as a representative
of NESR SPV Ltd., a Cayman company (“NESR SPV”). ANI and NESR SPV are entitled to nominate one director each to the
Board of Directors for so long as they or their affiliates hold at least 50% of the NESR ordinary shares acquired pursuant to
the Company’s recent business combination.
There
are no transactions between either of Mr. Al Menhali or Mr. Al Nowais or any member of their respective immediate family and the
Company or any of its subsidiaries that would be reportable as a related party transaction under the rules of the Securities and
Exchange Commission.
The
Board has determined that each of Mr. Al Nowais and Mr. Al Menhali satisfies the definition of “independent director”
under the Nasdaq listing standards. Mr. Al Menhali has been designated as a Class I director and will therefore serve until the
2020 annual general meeting of the Company’s shareholders, or until his successor has been duly elected and qualified, or
until his earlier death, resignation or removal. Mr. Al Nowais has been designated as a Class II director and will therefore serve
until the 2019 annual general meeting of the Company’s shareholders, or until his successor has been duly elected and qualified,
or until his earlier death, resignation or removal.
Each
of Mr. Al Nowais and Mr. Al Menhali will be paid compensation in the same manner as the Company’s other non-employee directors.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
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NATIONAL
ENERGY SERVICES REUNITED CORP.
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Date:
November 14, 2019
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By:
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/s/
Christopher L. Boone
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Name:
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Christopher
L. Boone
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Title:
|
Chief
Financial Officer
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