Pomerantz LLP

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SAExploration Holdings, Inc.

We are investigating SAExploration Holdings, Inc. (SAEX) (“SAExploration” or the “Company”) for potential violations of federal securities laws.

On August 16, 2019, the Company revealed that the Securities and Exchange Commission (the “SEC”) has been conducting an investigation of SAExploration relating to revenue recognition, accounts receivable, tax credits and other related matters. Additionally, it was disclosed that on August 14, 2019, the Company’s Board of Directors concluded that the Company’s previously issued consolidated financial statements and financial information relating to each of the fiscal years ended December 31, 2015, 2016, 2017 and 2018 contained errors and should be restated. On this news, SAExploration’s stock price fell sharply on August 16, 2019.