Enviro Technologies U.S., Inc. (OTCQB: EVTN) has officially changed its name to Wolf Energy Services Inc. after filing articles of amendment in Florida on January 30, 2023. The name change was approved by FINRA on January 31, 2023, and effective February 1, 2023, the company will trade under the new ticker symbol WOEN. Wolf Energy Services aims to become a larger and more diversified oilfield services company, focusing on its subsidiaries, including Pinnacle Frac Transport LLC and Capstone Equipment Leasing LLC, which provide transportation and financing solutions in the oilfield sector.
Enviro Technologies U.S. (OTCQB: EVTN) announced its 4-for-1 stock split, effective January 13, 2023, increasing shares outstanding from 19.57 million to 78.27 million, with authorized common stock rising to 1 billion. The company, rebranded as Wolf Energy Services, reports that this change follows its reverse merger and aims to diversify its oilfield services offerings. The corporate name change is anticipated around January 30, 2023, pending FINRA approval. Wolf Energy Services operates through subsidiaries Pinnacle Frac Transport and Capstone Equipment Leasing, focusing on logistics and equipment financing for oilfield operations.
Enviro Technologies U.S., Inc. (OTCQB: EVTN) has successfully uplisted from the OTC Pink Market to the OTCQB Venture Market as of December 29, 2022. The uplisting, approved by OTC Markets Group Inc., indicates improved transparency and market visibility for investors. This upgrade allows EVTN to attract a broader investor base, enhancing trading liquidity. The company operates through subsidiaries including Pinnacle Frac Transport LLC and Capstone Equipment Leasing LLC, focusing on logistical services for hydraulic fracturing operations.
Enviro Technologies U.S., Inc. (OTC Pink: EVTN) announced a four-for-one forward stock split, with a record date of December 30, 2022. Shareholders will receive three additional shares for each share held, effective after January 16, 2023. Following this split, approximately 74,268,332 shares will be outstanding. Additionally, the company is rebranding as Wolf Energy Services after its reverse merger with Ecoark Holdings, Inc. (NASDAQ: ZEST). This rebranding is part of its strategy to expand its oilfield services.