UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
______________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report:
February 27, 2015
ENSERVCO CORPORATION
(Exact name of registrant as specified in its charter)
| Delaware | 0-9494 | 84-0811316 |
| State of | Commission File | IRS Employer |
| Incorporation | Number | Identification No. |
501 South Cherry St., Ste. 320
Denver, CO 80246
Address of principal executive offices
303-333-3678
Telephone number, including
Area code
_____________________________
Former name or former address if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
Item 1.01 Entry into a Material Definitive Agreement
On February 27, 2015, Enservco Corporation (the “Company”) entered into a Consent and First Amendment (the “Consent and Amendment”) with respect to the Company’s existing Amended and Restated Revolving Credit and Security Agreement (the “2014 Credit Agreement”), dated as of September 12, 2014, by and among the Company and PNC Bank, National Association (“PNC”).
The Consent and Amendment, among other things, (i) modified certain financial covenants; and (ii) consented to a $100,000 principal prepayment by the Company to a third party bank that eliminates a monthly fee of $12,500 paid to the guarantor of that indebtedness.
In connection with the Consent and Amendment, the Company paid PNC an amendment fee in the amount of $10,000.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits:
| 10.1 | Consent and First Amendment to the Amended and Restated Revolving Credit and Security Agreement |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, on the 3rd day of March 2015.
| Enservco Corporation | |
| By: /s/ Rick D. Kasch | |
| Rick D. Kasch, President | |