Sundance Energy Announces Completion of its Redomiciliation to the United States
November 26 2019 - 8:31AM
Sundance Energy Inc. (NASDAQ: SNDE) is pleased to announce that its
previously announced transaction to redomicile from Australia to
the United States has been fully implemented today.
The shares of Sundance Energy Inc. issued today
in connection with the redomiciliation will trade on The Nasdaq
Stock Market LLC (“Nasdaq”) under the symbol “SNDE”, and Sundance
Energy Inc. will continue to be subject to the reporting
requirements of the U.S. Securities and Exchange Commission (“SEC”)
and applicable corporate governance rules of Nasdaq.
Further details regarding the implementation of the redomiciliation
can be found in filings made today with the SEC.
About Sundance Energy Inc.
Sundance Energy Inc. (“Sundance” or the
“Company”) is a US-based, independent energy exploration company,
with headquarters 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.
Cautionary Statement Regarding
Forward-Looking Statements
This press release contains certain
forward-looking statements within the meaning of the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
These statements are identified by the use of the words “project,”
“believe,” “estimate,” “expect,” “anticipate,” “intend,”
“contemplate,” “foresee,” “would,” “could,” “plan,” and similar
expressions that are intended to identify forward-looking
statements, which are generally not historical in nature. These
forward-looking statements are based on management’s current
expectations and beliefs concerning future developments and their
potential effect on Sundance. While management believes that these
forward-looking statements are reasonable as and when made, there
can be no assurance that future developments affecting Sundance
will be those that are anticipated. Sundance’s forward-looking
statements involve significant risks and uncertainties (some of
which are beyond Sundance’s control) and assumptions that could
cause actual results to differ materially from Sundance’s
historical experience and present expectations or projections.
Known material factors that could cause actual results to differ
materially from those in the forward-looking statements include:
changes in U.S. or non-U.S. laws, including tax laws, that could
reduce or eliminate the benefits expected to be achieved from the
redomiciliation; an inability to realize expected benefits from the
redomiciliation or the occurrence of difficulties in connection
with the redomiciliation; and costs related to the redomiciliation,
which could be greater than expected. You are cautioned not to
place undue reliance on forward-looking statements contained in
this press release, which speak only as of the date of this press
release. Forward-looking statements also are affected by the risk
factors described in Sundance’s Annual Report on Form 20-F for
the fiscal year ended December 31, 2018, as amended, and those
set forth from time-to-time in other filings with the SEC. Sundance
undertakes no obligation to publicly update or revise any
forward-looking statements after the date they are made, whether as
a result of new information, future events or otherwise.
For more information,
please contact:John RobertsVP Finance & Investor
RelationsTel: (720) 638-2400 |
|
Eric McCradyChief
Executive Officer Tel: (303) 543-5703 |
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