secwatch.observer — SEC 8-K summary
======================================

Issuer:     Energy Services of America CORP (ESOA)
CIK:        0001357971
Form:       8-K
Filed at:   2024-12-06T23:59:59+00:00
Accession:  0001104659-24-126124
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Energy Services of America completes $24M acquisition of Tribute Contracting
----------------------------------------------------------------------------

- Acquired Tribute Contracting & Consultants for $22M cash plus $2M in ESOA common stock.
- Cash funded via $16M loan from United Bank plus company cash; Sellers each received 67,386 shares.
- Tribute is an underground utility contractor with ~90 employees focused on water/wastewater in OH, KY, WV.
- Sellers Todd Harrah and Tommy Enyart will continue employment with the new subsidiary.
- Transaction closed December 2, 2024; subsidiary entity is Tribute Acquisition Company, Inc.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1357971/000110465924126124/0001104659-24-126124-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1357971/000110465924126124/tm2430109d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-126124

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer