UNITED STATES ~~SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549~~

~~____________________~~ SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

~~____________________~~ CURRENT REPORT

~~CURRENT REPORT~~ PURSUANT TO SECTION 13 OR 15(D) ~~OF THE SECURITIES EXCHANGE ACT OF 1934~~

OF ~~Date~~THE ofSECURITIES ~~Report~~EXCHANGE ~~(Date~~ACT ofOF ~~earliest~~1934 ~~event reported): April 13, 2020~~

~~____________________~~ Date of Report (Date of earliest event reported): April 27, 2020

QUINTANA ENERGY SERVICES INC.
(Exact name of registrant as specified in its charter)
____________________
Delaware	001-38383	82-1221944
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)
1415 Louisiana Street, Suite 2900 Houston, Texas 77002
(Address of Principal Executive Offices)
(832) 518-4094
(Registrant’s Telephone Number, Including Area Code)

QUINTANA ENERGY SERVICES INC.

~~____________________~~ (Exact name of registrant as specified in its charter)

Delaware

001-38383

82-1221944

(State or Other Jurisdiction

of Incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

1415 Louisiana Street, Suite 2900

Houston, Texas 77002

(Address of Principal Executive Offices)

(832) 518-4094

(Registrant’s Telephone Number, Including Area Code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions

o☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each class	Trading symbol(s)	Name of each exchange on which registered
Common Stock, par value $0.01 per share	QES	New York Stock Exchange

Securities registered pursuant to Section 12(b) of the Act:

____________________

Title of each class

Trading

symbol(s)

Name of each exchange

on which registered

Common Stock, par value $0.01 per share

QES

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

x ☒ Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☒ x

Item 53.~~02.~~01 ~~Departure~~Notice of ~~Directors~~Delisting or ~~Certain~~Failure ~~Officers;~~to ~~Election~~Satisfy ofa ~~Directors;~~Continued ~~Appointment~~Listing ofRule ~~Certain~~or ~~Officers~~Standard; ~~Compensatory~~Transfer ~~Arrangement~~ of ~~Certain Officers~~Listing.

~~The~~On ~~following~~April 27, ~~information~~2020, isQuintana ~~being~~Energy ~~reported~~Services ~~pursuant~~Inc. to(the ~~Section~~“Company”) 5was notified by the New York Stock Exchange (the “NYSE”) that the average closing price of the Company’s shares of common stock, par value $0.0201 per share (ethe “Common Stock”), had fallen below $1.00 per share over a period of ~~Form~~30 ~~8-K:~~consecutive trading days, which is the minimum average closing price required to maintain continued listing on the NYSE under Section 802.01C of the NYSE Listed Company Manual.

OnUnder ~~April~~the 13NYSE’s rules, ~~2020~~the Company has a period of six months following the receipt of the notice to regain compliance with the minimum share price requirement. However, ~~Quintana~~due ~~Energy~~to ~~Services~~unprecedented ~~Inc~~market-wide declines as a result of the spread of COVID-19, on April 21, 2020, the U.S. Securities and Exchange Commission (the “~~Company~~SEC”) approved ~~announced~~the ~~that~~NYSE proposal to toll the cure period for the minimum share price requirement through June 30, 2020. Consequently, the Company has a period of six months, beginning on July 1, 2020, to regain compliance with the minimum share ~~Christopher~~price Jrequirement. ~~Baker~~To regain compliance, on the ~~Chief~~last ~~Executive~~trading ~~Officer~~day ~~and~~in ~~President~~any ofcalendar month during the ~~Company~~cure period, ~~has~~the ~~elected~~Common toStock ~~temporarily~~must ~~reduce~~have ~~his~~(i) a ~~base~~closing ~~salary~~price byof ~~twenty~~at ~~percent~~least $1.00 per share and (~~20%~~ii) an ~~until~~average ~~the~~closing ~~earlier~~price of ~~December~~at ~~31,~~least ~~2020,~~$1.00 per orshare ~~his~~over ~~revocation~~the (30 trading day period ending on the ~~“CEO~~last ~~Salary Reduction”)~~trading day of such month.

~~Item~~The ~~7.01.~~Company ~~Regulation~~intends FDto ~~Disclosures~~consider all available options to cure the deficiency and regain compliance.

OnThe ~~April~~notice 13has no immediate impact on the listing of the Common Stock, ~~2020~~which will continue to be listed and traded on the NYSE during this period, subject to the Company’s ~~issued~~compliance awith ~~press~~the ~~release~~other ~~announcing~~listing ~~certain~~requirements ~~cost~~of ~~realignment~~the ~~actions~~NYSE. inThe ~~response~~Common Stock will continue to ~~current~~trade ~~market~~under ~~conditions~~the symbol “QES”, ~~including~~but ~~the~~will ~~CEO~~have ~~Salary~~an added ~~Reduction~~designation of “.BC” Ato ~~copy~~indicate ofthat the ~~press~~Company ~~release~~currently is ~~furnished~~not ~~as Exhibit~~in 99compliance with the NYSE’s continued listing requirements.1 ~~hereto~~If the Company is unable to regain compliance, the NYSE will initiate procedures to suspend and delist the Common Stock.

The ~~information~~notice indoes ~~this Item 7.01, including Exhibit 99.1, is being furnished and shall~~ not beaffect ~~deemed to be “filed” for purposes of Section 18 of~~ the ~~Securities~~Company’s ~~Exchange~~ongoing ~~Act~~business ofoperations ~~1934,~~ or ~~otherwise~~its ~~subject~~reporting torequirements ~~the~~with ~~liabilities of that section and shall not be deemed to be incorporated by reference into any registration statement or other document filed pursuant to~~ the ~~Securities Act of 1933, except as may be expressly set forth by specific reference in such filing~~ SEC.

~~Item~~If ~~9.01.~~the ~~Financial~~Common ~~Statements~~Stock ultimately were to be delisted for any reason, it could negatively impact the Company by (i) reducing the liquidity and ~~Exhibits~~market price of the Company’s Common Stock; (ii) reducing the number of investors willing to hold or acquire the Common Stock, which could negatively impact the Company’s ability to raise equity financing; (iii) limiting the Company’s ability to use a registration statement to offer and sell freely tradable securities, thereby preventing the Company from accessing the public capital markets; and (iv) impairing the Company’s ability to provide equity incentives to its employees.

Item 7.01

Regulation FD Disclosure.

On May 1, 2020, the Company issued a press release with respect to the receipt of the notice of noncompliance from the NYSE. A copy of the press release is furnished as Exhibit 99.1 hereto and is incorporated by reference herein.

The information in this Item 7.01 (including the exhibit) shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and is not incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act.

Item 9.01

Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Description
99.1*		Press Release, dated ~~April~~May 131, 2020, title “QES Energy Services Inc. Receives Notice from NYSE Regarding Continued Listing Requirements.”

* Furnished herewith.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	~~QUINTANA ENERGY SERVICES INC.~~		QUINTANA ENERGY SERVICES INC.
April 14, 2020	By:	/s/ Christopher J. Baker
May 1, 2020			By:	/s/ Christopher J. Baker
	~~Name:~~	~~Christopher J. Baker~~	Name:	Christopher J. Baker
	~~Title:~~	~~Chief Executive Officer, President and Director~~	Title:	Chief Executive Officer, President and Director

Filing Compare · Quintana Energy Services Inc.