Filed with the SEC on · accession 0001493152-26-036716
NESR filed a 8-K (current report) with the SEC on Aug 10, 2026. NESR's Audit Committee dismissed Grant Thornton as its independent auditor effective after the FY2026 audit and appointed PricewaterhouseCoopers as its new independent auditor for FY2027, following a competitive tender process. The stock moved +23.3% by the first close after the filing.
NESR's Audit Committee dismissed Grant Thornton as its independent auditor effective after the FY2026 audit and appointed PricewaterhouseCoopers as its new independent auditor for FY2027, following a competitive tender process. There were no disagreements or reportable events, and a previously disclosed material weakness was remediated in 2025.
Close before
$29.02
Aug 7, 2026
First close after
+23.33%
$35.79
5 trading days
+25.12%
$36.31
Since filing
-31.22%
$19.96
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Click hereNESR filed a 8-K (Auditor change). NESR's Audit Committee dismissed Grant Thornton as its independent auditor effective after the FY2026 audit and appointed PricewaterhouseCoopers as its new independent auditor for FY2027, following a competitive tender process. There were no disagreements or reportable events, and a previously disclosed material weakness was remediated in 2025.
The stock often falls sharply. In a Chapter 11 reorganization existing shares are frequently cancelled or heavily diluted; in Chapter 7 the company is liquidated and shareholders are paid last, usually nothing.
A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more. The "Item" number tells you the topic (e.g. 2.02 results, 5.02 executive change, 1.01 new agreement, 1.03 bankruptcy). Exhibits (99.1 press release) usually hold the details.
Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 8-K (current report): A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more.
NESR closed at $29.02 before the filing and $35.79 on Aug 10, 2026 (+23.33%). Five trading days later: $36.31 (+25.12%).
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