National Energy Services Reunited (NESR) 8-K Other Events

Exhibit 99.1

NATIONAL ENERGY SERVICES REUNITED CORP.

BALANCE SHEET

				Pro Forma			Pro Forma
	May 17, 2017			Adjustments			Totals
				(unaudited)			(unaudited)
ASSETS
Current assets:
Cash	$	1,414,833		$	—		$	1,414,833
Prepaid expenses		194,800			—			194,800
Total Current Assets		1,609,633			—			1,609,633
Cash held in Trust Account		210,000,000			19,217,000			229,217,000
Total Assets	$	211,609,633		$	19,217,000		$	230,826,633
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities – accrued expenses	$	10,500		$	—		$	10,500
Deferred underwriting fees		9,697,500			1,056,935			10,754,435
Total Liabilities		9,708,000			1,056,935			10,764,935
Commitments and Contingencies
Ordinary shares subject to possible redemption, 15,000,000 and 16,921,700 shares at redemption value		144,750,000			18,544,405			163,294,405
Shareholders' Equity:
Preferred shares, no par value; unlimited authorized; none issued and outstanding		—			—			—
Ordinary shares, no par value; unlimited authorized; 12,037,500 and 11,730,425 shares issued and outstanding (excluding 15,000,000 and 16,921,700 shares subject to possible redemption)		57,157,607			(384,340	)		56,773,267
Accumulated deficit		(5,974	)		—			(5,974	)
Total Shareholders' Equity		57,151,633			(384,340	)		56,767,293
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$	211,609,633		$	19,217,000		$	230,826,633