NATIONAL ENERGY SERVICES REUNITED CORP.
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(Name of Issuer)
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COMMON STOCK
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(Title of Class of Securities)
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G6375R107
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(CUSIP Number)
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December 31, 2018
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(Date of Event Which Requires Filing of This Statement)
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CUSIP No. G6375R107
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13G
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Page 2 of 6 Pages
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1
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NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
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MMCAP International Inc. SPC
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☑
(b) ☐
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3
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SEC USE ONLY
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||
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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Cayman Islands
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5
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SOLE VOTING POWER
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NUMBER OF
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0
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SHARES
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6
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SHARED VOTING POWER
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BENEFICIALLY
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7,683,154*
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OWNED BY
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7
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SOLE DISPOSITIVE POWER
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EACH
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0
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REPORTING
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8
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SHARED DISPOSITIVE POWER
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PERSON WITH
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7,683,154*
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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7,683,154*
*Includes 2,336,232 common shares and warrants convertible into 5,346,922 common shares of the Issuer. |
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10
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ☐
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
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8.45%**
**The percentages used herein are calculated based upon 85,562,769 outstanding shares of the Issuer as of September 30, 2018, plus 5,346,922 common shares in aggregate underlying warrants which are beneficially owned by the reporting persons and included pursuant to Rule 13d-3(d)(1)(i) of the Securities Exchange Act of 1934, as amended. The warrants are not exercisable if, as a result of an exercise, the holder would then become a “ten percent beneficial owner” of the Issuer’s common stock, as defined in Rule 16a-2 under the Securities Exchange Act of 1934, as amended (the “Act”). |
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12
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TYPE OF REPORTING PERSON*
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||
CO
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CUSIP No. G6375R107
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13G
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Page 3 of 6 Pages
|
1
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NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
|
||
MM Asset Management Inc.
|
|||
2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☑
(b) ☐
|
||
|
|||
3
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SEC USE ONLY
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||
|
|||
4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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||
Ontario, Canada
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5
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SOLE VOTING POWER
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||
NUMBER OF
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0
|
||
SHARES
|
6
|
SHARED VOTING POWER
|
|
BENEFICIALLY
|
7,683,154*
|
||
OWNED BY
|
7
|
SOLE DISPOSITIVE POWER
|
|
EACH
|
0
|
||
REPORTING
|
8
|
SHARED DISPOSITIVE POWER
|
|
PERSON WITH
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7,683,154*
|
||
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
||
7,683,154*
*Includes 2,336,232 common shares and warrants convertible into 5,346,922 common shares of the Issuer. |
|||
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ☐
|
||
|
|||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
|
||
8.45%**
**The percentages used herein are calculated based upon 85,562,769 outstanding shares of the Issuer as of September 30, 2018, plus 5,346,922 common shares in aggregate underlying warrants which are beneficially owned by the reporting persons and included pursuant to Rule 13d-3(d)(1)(i) of the Securities Exchange Act of 1934, as amended. The warrants are not exercisable if, as a result of an exercise, the holder would then become a “ten percent beneficial owner” of the Issuer’s common stock, as defined in Rule 16a-2 under the Securities Exchange Act of 1934, as amended (the “Act”). |
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12
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TYPE OF REPORTING PERSON*
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CO
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CUSIP No. G6375R107
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13G
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Page 4 of 6 Pages
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Item 3. |
If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:
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(a) ☐ | Broker or dealer registered under Section 15 of the Act; |
(b) ☐ |
Bank as defined in Section 3(a)(6) of the Act;
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(c) ☐ |
Insurance Company as defined in Section 3(a)(19) of the Act;
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(d) ☐ |
Investment Company registered under Section 8 of the Investment Company Act;
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(e) ☐ |
Investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
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(f) ☐ |
Employee benefit plan or endowment plan in accordance with Rule 13d-1(b)(1)(ii)(F);
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(g) ☐ |
Parent holding company or control person, in accordance with Rule 13d-1(b)(1)(ii)(G);
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(h) ☐ |
A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;
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(i) ☐ |
A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940:
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CUSIP No. G6375R107
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13G
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Page 5 of 6 Pages
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(j) ☐ |
Group, in accordance with Rule 13d-1(b)(1)(ii)(j).
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☑ |
If this statement is filed pursuant to Rule 13d-1(c), check this box.
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Item 4. |
Ownership.
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(a) |
Amount beneficially owned: 7,683,154*
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(b) |
Percent of class: 8.45%**
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(c) |
Number of shares as to which such person has:
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Item 5. |
Ownership of Five Percent or Less of a Class.
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Item 6. |
Ownership of More than Five Percent on Behalf of Another Person.
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Item 7. |
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.
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Item 8. |
Identification and Classification of Members of the Group.
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CUSIP No. G6375R107
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13G
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Page 6 of 6 Pages
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Item 9.
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Notice of Dissolution of Group.
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February 12, 2019
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(Date)
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MMCAP International Inc. SPC
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By: /s/
Matthew MacIsaac
Matthew MacIsaac, Director |
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February 12, 2019
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(Date)
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MM Asset Management Inc.
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By: /s/
Hillel Meltz
Hillel Meltz, President |