Energy Services of America Files 8-K
Ticker: ESOA · Form: 8-K · Filed: May 31, 2024 · CIK: 1357971
Sentiment: neutral
Topics: 8-K, other-events
TL;DR
ESA filed an 8-K for 'Other Events' on 5/31 - details TBD.
AI Summary
Energy Services of America Corporation filed an 8-K on May 31, 2024, reporting "Other Events." The filing does not contain specific details about the nature of these events, dollar amounts, or definitive dates beyond the filing date itself. The company is incorporated in Delaware and headquartered in Huntington, West Virginia.
Why It Matters
This 8-K filing indicates that Energy Services of America Corporation has reported significant events that may impact investors. However, the lack of specific details requires further investigation to understand the implications.
Risk Assessment
Risk Level: medium — The filing is for 'Other Events' without specific details, creating uncertainty about potential impacts.
Key Players & Entities
- Energy Services of America Corporation (company) — Registrant
- Delaware (jurisdiction) — State of Incorporation
- Huntington, West Virginia (location) — Principal Executive Offices
FAQ
What specific events are being reported in this 8-K filing?
The filing is categorized under 'Other Events' and does not provide specific details about the nature of these events within the provided text.
When was this 8-K report filed?
The report was filed on May 31, 2024.
What is the principal business address of Energy Services of America Corporation?
The principal executive offices are located at 75 West 3rd Ave., Huntington, West Virginia 25701.
What is the Commission File Number for Energy Services of America Corporation?
The Commission File Number is 001-32998.
What is the IRS Employer Identification Number for the company?
The I.R.S. Employer Identification No. is 20-4606266.
Filing Stats: 501 words · 2 min read · ~2 pages · Grade level 11.2 · Accepted 2024-05-31 16:30:36
Key Financial Figures
- $0.0001 — ch registered Common Stock, Par Value $0.0001 ESOA The Nasdaq Stock Market LLC In
- $15.6 million — 022. The Company received approximately $15.6 million payment related to the lawsuit. The Com
Filing Documents
- tm2416035d1_8k.htm (8-K) — 22KB
- 0001104659-24-067221.txt ( ) — 190KB
- esoa-20240531.xsd (EX-101.SCH) — 3KB
- esoa-20240531_lab.xml (EX-101.LAB) — 33KB
- esoa-20240531_pre.xml (EX-101.PRE) — 22KB
- tm2416035d1_8k_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events As previously disclosed, in February 2018, Energy Services of America Corporation (the "Company") filed a lawsuit against a customer in the United States District Court for the Western District of Pennsylvania (the "District Court"). The lawsuit was related to a dispute over work performed on a pipeline construction project. On November 21, 2022, the District Court issued a judgment in favor of the Company. On April 17, 2024, the United States Court of Appeals for the Third Circuit (the "Appeals Court") affirmed the decision of the District Court. In May 2024, the Appeals Court denied petitions for a rehearing. This upheld the award granted by the District Court in November 2022. The Company received approximately $15.6 million payment related to the lawsuit. The Company will recognize the payment in its consolidated
financial statements for the third fiscal quarter ending June 30, 2024
financial statements for the third fiscal quarter ending June 30, 2024. Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. ENERGY SERVICES OF AMERICA CORPORATION DATE: May 31, 2024 By: /s/ Charles Crimmel Charles Crimmel Chief Financial Officer