Enservco Corporation Receives Notice of Noncompliance from NYSE American Exchange Related to Stockholders’ Equity Level
LONGMONT, Colo., May 08, 2023 (GLOBE NEWSWIRE) — Enservco Corporation (NYSE American: ENSV), a diversified national provider of specialized well-site services to the domestic onshore conventional and unconventional oil and gas industries, today announced it has received a notice of noncompliance from NYSE Regulation due to the Company’s stockholders’ equity of approximately $1.2 million at December 31, 2022 being below the required minimum level. This NYSE notice has no immediate effect on the listing or trading of the Company’s common stock. Enservco has approximately 13 months to cure the deficiency and regain compliance with continued listing standards and is in contact with the NYSE American on a plan to do so.