ClosedPublished 12 Aug 2024

Star Equity Holdings, Inc. /
Enservco Corporation

Star Equity Holdings takes a stake in Enservco Corporation

Buy side: Star Equity Holdings, Inc.
Buy sideStar Equity Holdings, Inc.
Target: Enservco Corporation
TargetEnservco Corporation
Source · 12 Aug 2024Source-verified
Buy side: Star Equity Holdings, Inc.
Buy sideStar Equity Holdings, Inc.
Target: Enservco Corporation
TargetEnservco Corporation
01 / BuyerStar Equity Holdings, Inc.
02 / TargetEnservco Corporation
Source-verified
01

What happened

Star Equity Holdings, Inc. completed an investment in Enservco Corporation on Aug. 9, 2024. The share exchange included newly issued Enservco shares representing 19.9% of its outstanding equity interests, along with convertible preferred shares.

Enservco Corporation sold the shares in exchange for 250,000 shares of Star Equity Holdings’ Series A Cumulative Perpetual Preferred Stock. Terms weren't disclosed.

02

The source

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Star Equity Holdings takes a stake in Enservco Corporation

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