{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-009213","form_type":"8-K","ticker":null,"cik":"0000319458","company_name":"Enservco Corp","filed_at":"2024-03-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.554671+00:00","generated_at":"2026-06-04T08:49:36.634520+00:00","sec_items":["1.01","3.02","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Enservco agrees to acquire Buckshot Trucking for $5M cash/stock; 2023 EBITDA ~$2.3M","bullets":["Total consideration $5M ($3.75M cash + $1.25M ENSV stock) plus up to $0.5M contingent stock.","Buckshot's 2023 unaudited EBITDA ~$2.3M on revenue ~$8.2M; near doubling of revenue since 2021.","Closing expected Q2 2024 subject to stockholder approval of share issuance and financing for cash portion.","Founders Tony Sims and Jim Fate will remain to lead Buckshot as a new logistics division.","Transaction transforms Enservco into year-round logistics, reducing weather dependency of core business."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-009213","json":"https://secwatch.observer/filing/0001437749-24-009213.json","markdown":"https://secwatch.observer/filing/0001437749-24-009213.md","text":"https://secwatch.observer/filing/0001437749-24-009213.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/319458/000143774924009213/0001437749-24-009213-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/319458/000143774924009213/ensv20240322_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T08:49:36.634520+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"35a06eaecab34ccf11d8910f5926608371f6b11e","claim":"Enservco Corp entered into Membership Interest Purchase Agreement with Tony Sims, Jim Fate, Buckshot Trucking LLC valued at $5,000,000 (the \"Base Amount\"), subject to a net working capital adjustment, plus up to $500,000, in (effective 2024-03-19).","evidence_excerpt":"On March 19, 2024, Enservco Corporation (“Enservco”) entered into a Membership Interest Purchase Agreement (the “Purchase Agreement”) with Tony Sims, an individual resident of Colorado; Jim Fate, an individual resident of Colorado (together the “Sellers”), and Buckshot Trucking LLC, a Wyoming limited liability company (“Buckshot Trucking”), pursuant to which Enservco agreed to acquire from the Sellers all of the issued and outstanding membership interests of Buckshot Trucking (the “Acquisition”) for $5,000,000 (the “Base Amount”), subject to a net working capital adjustment, plus up to $500,000, in the form of Enservco common stock, contingent upon satisfaction of certain conditions set forth in the Purchase Agreement.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/319458/000143774924009213/0001437749-24-009213-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Tony Sims, Jim Fate, Buckshot Trucking LLC"},{"label":"Value","value":"$5,000,000 (the \"Base Amount\"), subject to a net working capital adjustment, plus up to $500,000, in"},{"label":"Effective","value":"2024-03-19"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}