Enservco Corporation (NYSEMKT:ENSV) Files An 8-K Other Events
Item 8.01. Other Events.
On December 2, 2016, Enservco Corporation (the Company) issued a
press release announcing the pricing of an underwritten public
offering of 11,250,000 shares of its common stock to the public
at $0.40 per share. The Company has granted the underwriter a
30-day option to purchase up to an additional 1,687,500 shares of
common stock from the Company at the offering price, less
underwriting discounts and commissions, solely to cover
over-allotments. A copy of the press release is attached hereto
as Exhibit 99.1.
The information contained in this Item 8.01 and Exhibit 99.1
hereto is being furnished and not filed for purposes of the
Securities Exchange Act of 1934, as amended, and is not
incorporated by reference into any of the Companys filings,
whether made before or after the date hereof, except to the
extent the Company specifically incorporates the information by
reference. By furnishing this information, the Company makes no
admission as to the materiality of any information herein that is
required to be disclosed solely by reason of Regulation FD.
Nothing in this report shall constitute an offer to sell or the
solicitation of an offer to buy any securities.
Item 9.01. Financial
Statements and Exhibits.
(d) Exhibits:
The following exhibits are included with this Current Report on
Form 8-K:
Exhibit No. |
Description |
|
99.1 |
Press release dated December 2, 2016, entitled Enservco |
|
About Enservco Corporation (NYSEMKT:ENSV)
Enservco Corporation provides well and fluid management services to the domestic onshore oil and natural gas industry. The Company’s services include frac water heating, hot oiling and acidizing (well enhancement services), and water transfer, water treatment, water hauling, fluid disposal, frac tank rental (fluid management services) and other general oilfield services. Well enhancement services consist of frac water heating, acidizing, hot oiling services and pressure testing. These services are provided by its subsidiary, Heat Waves Hot Oil Service LLC (Heat Waves), which utilize a fleet of approximately 200 custom designed trucks and other related equipment. The Company owns or leases, and operates approximately 65 water-hauling trucks and trailers equipped with pumps to move water from or into wells, tanks and other storage facilities. Each truck has a hauling capacity of approximately 130 barrels. It also provides well-site construction and roustabout services. Enservco Corporation (NYSEMKT:ENSV) Recent Trading Information
Enservco Corporation (NYSEMKT:ENSV) closed its last trading session down -0.290 at 0.450 with 243,635 shares trading hands.