Daily Archives: May 12, 2017

National Energy Services Reunited Corp. Announces Pricing of $210,000,000 Initial Public Offering

NEW YORK and HOUSTON, May 12, 2017 (GLOBE NEWSWIRE) — National Energy Services Reunited Corp. (Nasdaq:NESRU) (“NESR” or the “Company”), a company formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation, purchasing all or substantially all of the assets of, entering into contractual arrangements, or engaging in any other similar business combination with one or more businesses or entities, today announced the pricing of its initial public offering (“IPO”) of 21,000,000 units at a price to the public of $10.00 per unit.  The units are expected to be listed on The NASDAQ Capital Market (“NASDAQ”) under the symbol “NESRU” beginning May 12, 2017. Each unit issued in the IPO consists of one ordinary share and one warrant to acquire one-half of one ordinary share at a price of $11.50 per full share. Once the securities comprising the units begin separate trading, the ordinary shares and warrants are expected to be traded on Nasdaq under the symbols “NESR” and “NESRW”, respectively.

Maxim Group LLC and National Bank of Canada Financial Inc. are acting as joint book running managers for the IPO. NESR has granted the underwriters a 45-day option to purchase up to 3,150,000 additional units to cover over-allotments, if any.

The offering is being made only by means of a prospectus. When available, copies of the prospectus related to this offering may be obtained from Maxim Group LLC 405 Lexington Ave, New York, NY 10174, Attn: Prospectus Department or by Tel: (800) 724-0761.

A registration statement relating to the securities was declared effective by the SEC on May 11, 2017. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About NESR

NESR, led by Sherif Foda, is a blank check company, also commonly referred to as a Special Purpose Acquisition Company, or SPAC, formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation, purchasing all or substantially all of the assets of, entering into contractual arrangements, or engaging in any other similar business combination with one or more businesses or entities. The Company’s efforts to identify a target business will not be limited to a particular industry or geographic region, although we intend to focus our search on target businesses and assets in the energy services industry, with an emphasis on oil and gas services globally.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering and the anticipated use of the net proceeds. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and preliminary prospectus for the Company’s offering filed with the Securities and Exchange Commission (“SEC”). Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contact:

Dhiraj Dudeja 
NESR Corp 
dhiraj@nesrco.com

Solution Tree and Singapore American School co-host Professional Learning Communities at Work(TM) Institute to Focus on International Schools

BLOOMINGTON, IN–(Marketwired – May 11, 2017) – After 19 years of hosting Professional Learning Communities at Work™ Institutes for thousands of educators in North America, Solution Tree — one of the United States’ premier educational publishers and professional development providers — has announced that it is co-hosting an institute at Singapore American School, September 22–24, 2017. PLC at Work™: The Structure of “How” in International Schools will focus on the unique needs and challenges of implementing the PLC at Work™ concept in international schools.

The PLC at Work™ process is recognized as a powerful strategy for sustained, substantive school improvement. Based on the work of Richard DuFour, Rebecca DuFour, Robert Eaker and Mike Mattos, PLCs are driven by three big ideas: focus on learning, build a collaborative culture and focus on results. In PLCs, teachers work in collaborative teams, and all students learn at high levels.

The institute will pair international schoolteachers with both US presenters and international school presenters to ensure that the international school perspective is represented. For attendees just beginning to explore PLCs, the institute will provide a base of knowledge and practice, including a morning of observing SAS in the PLC process with teacher teams and in the classroom. For those already implementing PLCs, it is an opportunity to revisit the PLC mission, introduce new staff to the process and hear answers to new questions.

For more information about the event and to register, visit www.SolutionTree.com or contact Jane St. John at international@SolutionTree.com.

About Solution Tree
For nearly 20 years, Solution Tree has worked to transform education worldwide, empowering educators to raise student achievement. Every year we help teachers and administrators confront essential challenges, with more than 30,000 educators attending our events and more than 3,000 on-site professional development days in schools. Solution Tree has a catalog of over 400 books, videos and online courses and is the creator of Global PD, an online tool that facilitates the work of professional learning communities.

Contact Information
Jane St. John
+1 8123367700 ext. 230

Sundance Energy Australia Limited Schedules First Quarter 2017 Earnings Conference Call

DENVER, May 11, 2017 (GLOBE NEWSWIRE) — Sundance Energy Australia Limited (ASX:SEA) (NASDAQ:SNDE) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas, announced it will host a conference call to review first quarter results.

Date:  Australia: Tuesday, May 16, 2017 – United States: Monday, May 15, 2017

Time:  Australia: 8:00 AM AEDT – United States: 4:00 PM MDT

Australian participants Toll Free dial-in: 1 80 0005 989
Australian (Sydney) Local dial-in: 2 82 239 773

Hong Kong Participants Toll Free dial-in: 800 966 253
Hong Kong Local dial-in: 3011 4522

Singapore participants Toll Free dial-in: 800 101 1512
Singapore Local dial-in: 6622 1010

USA participants Toll Free dial-in: (844) 831 3022

Webcast Link: http://www.sundanceenergy.net/events.cfm

All participants will be asked for their full name and company when joining the conference call.

About Sundance Energy Australia Limited
Sundance Energy Australia Limited (“Sundance” or the “Company”) is an Australian-based, independent energy exploration company, with a wholly owned US subsidiary, Sundance Energy Inc., located in Denver, Colorado, USA.

The Company is focused on the acquisition and development of large, repeatable oil and natural gas resource plays in North America. Current activities are focused in the Eagle Ford.  A comprehensive overview of the Company can be found on Sundance’s website at www.sundanceenergy.net.

For more information, please contact:

United States
Eric McCrady, Managing Director 
Tel: +1 (303) 543 5703

Australia
Mike Hannell, Chairman
Tel: +61 8 8363 0388