{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-026112","form_type":"8-K","ticker":null,"cik":"0000319458","company_name":"Enservco Corp","filed_at":"2024-08-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.487662+00:00","generated_at":"2026-05-31T10:12:00.404002+00:00","sec_items":["1.01","2.01","2.03","3.02","3.03","5.03","5.02","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Enservco closes Buckshot acquisition, sells frac assets, and enters $2.5M share exchange with Star Equity","bullets":["Buckshot Trucking acquisition closed for $5M total consideration; $1M cash + $2.7M in promissory notes at 10% interest, maturing Dec 31, 2024.","Colorado frac water heating assets sold to HP Oilfield for $1.695M ($1.22M cash + $473K note); net proceeds to repay Utica Facility debt.","Star Equity exchanged 250,000 shares of its Series A Preferred for 9.02M common shares (19.9% stake) and 3.48M Series A Preferred of Enservco.","Enservco issued a $1M promissory note to Star at 20% interest, secured by Star's preferred shares, with a three-month term and extension options.","Board expanded to six; Richard Coleman (CEO of Star) appointed director; new Series A Preferred Stock created with cumulative dividends escalating from 2% to 12%."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-026112","json":"https://secwatch.observer/filing/0001437749-24-026112.json","markdown":"https://secwatch.observer/filing/0001437749-24-026112.md","text":"https://secwatch.observer/filing/0001437749-24-026112.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/319458/000143774924026112/0001437749-24-026112-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/319458/000143774924026112/ensv20240809_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T10:12:00.404002+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":"b041c82740","claim":"Richard Coleman was appointed as director at Enservco Corp.","evidence_excerpt":"Effective as of August 9, 2024, the Company expanded the size of the Board to six directors and pursuant to the Board Designation Agreement, appointed Richard Coleman, the Chief Executive Officer of the Star Equity Holdings, Inc., as a director of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/319458/000143774924026112/0001437749-24-026112-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"director"}],"fact_type":"executive_change"},{"claim_id":"bbf37daafb7543aa0ff84aeb218a7a1fd7128b25","claim":"Enservco Corp completed an acquisition involving Tony Sims, Jim Fate, Buckshot Trucking LLC for $5,000,000 (the \"Base Amount\") (closed 2024-08-08).","evidence_excerpt":"company (“Buckshot Trucking”), pursuant to which the Company agreed to acquire from the Sellers all of the issued and outstanding membership interests of Buckshot Trucking for $5,000,000 (the “Base Amount”), subject to a net working capital adjustment, plus up to $500,000, in the form of the Company’s common stock, contingent upon satisfaction of certain","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/319458/000143774924026112/0001437749-24-026112-index.htm","confidence":0.98,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Tony Sims, Jim Fate, Buckshot Trucking LLC"},{"label":"Consideration","value":"$5,000,000 (the \"Base Amount\")"},{"label":"Closing","value":"2024-08-08"}],"fact_type":"ma_transaction"},{"claim_id":"efe49a8c59aaedf870be8a3d6824eab3163b6963","claim":"Enservco Corp completed a disposition involving HP Oilfield Services, LLC for $1,695,000 (closed 2024-08-06).","evidence_excerpt":"(the “Purchased Assets”). The Purchased Assets were primarily utilized in the Company’s frac water heating business. The aggregate purchase price for the Purchased Assets is $1,695,000, payable as follows: (i) $1,221,625 in cash; and (ii) a promissory note in the principal amount of $473,375 issued by HP Oilfield in favor of the Company (the \"HP Note\"), with","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/319458/000143774924026112/0001437749-24-026112-index.htm","confidence":0.95,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"HP Oilfield Services, LLC"},{"label":"Consideration","value":"$1,695,000"},{"label":"Closing","value":"2024-08-06"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}