STOCK TITAN

[8-K] Energy Services of America Corporation Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Kronos Bio, Inc. (KRON) filed a Form 15-12G with the U.S. SEC on 30 June 2025, certifying the termination of registration of its common stock under Section 12(g) of the Securities Exchange Act of 1934 and suspending the company’s duty to file reports under Sections 13 and 15(d).

The company relied on Rule 12g-4(a)(1) and Rule 12h-3(b)(1)(i), disclosing an approximate holder count of one. No other securities remain subject to reporting obligations. The notice was signed by Chief Financial Officer Michael Hearne.

Once the Form 15 becomes effective, Kronos Bio will no longer submit periodic filings such as Forms 10-K, 10-Q or 8-K, significantly reducing public disclosure and potentially affecting liquidity for remaining shareholders.

Kronos Bio, Inc. (KRON) ha presentato il Modulo 15-12G alla SEC statunitense il 30 giugno 2025, certificando la cessazione della registrazione delle sue azioni ordinarie ai sensi della Sezione 12(g) del Securities Exchange Act del 1934 e sospendendo l'obbligo della società di presentare report secondo le Sezioni 13 e 15(d).

La società si è avvalsa della Regola 12g-4(a)(1) e della Regola 12h-3(b)(1)(i), dichiarando un numero approssimativo di azionisti pari a uno. Nessun altro titolo rimane soggetto agli obblighi di segnalazione. L'avviso è stato firmato dal Direttore Finanziario Michael Hearne.

Una volta che il Modulo 15 entrerà in vigore, Kronos Bio non presenterà più documenti periodici come i Moduli 10-K, 10-Q o 8-K, riducendo significativamente la trasparenza pubblica e potenzialmente influenzando la liquidità per gli azionisti rimanenti.

Kronos Bio, Inc. (KRON) presentó un Formulario 15-12G ante la SEC de EE. UU. el 30 de junio de 2025, certificando la terminación del registro de sus acciones comunes bajo la Sección 12(g) del Securities Exchange Act de 1934 y suspendiendo la obligación de la empresa de presentar informes conforme a las Secciones 13 y 15(d).

La compañía se basó en la Regla 12g-4(a)(1) y la Regla 12h-3(b)(1)(i), revelando un recuento aproximado de accionistas de uno. No quedan otros valores sujetos a obligaciones de reporte. El aviso fue firmado por el Director Financiero Michael Hearne.

Una vez que el Formulario 15 entre en vigor, Kronos Bio dejará de presentar informes periódicos como los Formularios 10-K, 10-Q o 8-K, reduciendo significativamente la divulgación pública y afectando potencialmente la liquidez para los accionistas restantes.

Kronos Bio, Inc.(KRON)는 2025년 6월 30일 미국 SEC에 Form 15-12G를 제출하여 1934년 증권거래법 제12(g)조에 따른 보통주 등록을 종료하고 제13조 및 15(d)조에 따른 보고 의무를 중단한다고 인증했습니다.

회사는 규칙 12g-4(a)(1)규칙 12h-3(b)(1)(i)를 근거로 대략적인 주주 수가 1명임을 공개했습니다. 다른 증권은 보고 의무 대상이 아닙니다. 이 통지는 최고재무책임자 마이클 허른이 서명했습니다.

Form 15가 효력을 발휘하면 Kronos Bio는 더 이상 10-K, 10-Q, 8-K 양식과 같은 정기 제출물을 제출하지 않아 공개 정보가 크게 줄어들고 남은 주주들의 유동성에 영향을 미칠 수 있습니다.

Kronos Bio, Inc. (KRON) a déposé un formulaire 15-12G auprès de la SEC américaine le 30 juin 2025, certifiant la cessation de l'enregistrement de ses actions ordinaires en vertu de la Section 12(g) du Securities Exchange Act de 1934 et suspendant l'obligation de la société de déposer des rapports selon les Sections 13 et 15(d).

La société s'est appuyée sur la Règle 12g-4(a)(1) et la Règle 12h-3(b)(1)(i), divulguant un nombre approximatif de détenteurs égal à un. Aucun autre titre n'est soumis aux obligations de déclaration. L'avis a été signé par le directeur financier Michael Hearne.

Une fois que le formulaire 15 sera effectif, Kronos Bio ne soumettra plus de rapports périodiques tels que les formulaires 10-K, 10-Q ou 8-K, réduisant ainsi considérablement la divulgation publique et pouvant affecter la liquidité pour les actionnaires restants.

Kronos Bio, Inc. (KRON) reichte am 30. Juni 2025 ein Formular 15-12G bei der US-SEC ein und bestätigte damit die Beendigung der Registrierung seiner Stammaktien gemäß Abschnitt 12(g) des Securities Exchange Act von 1934 sowie die Aussetzung der Berichtspflicht des Unternehmens nach den Abschnitten 13 und 15(d).

Das Unternehmen berief sich auf Regel 12g-4(a)(1) und Regel 12h-3(b)(1)(i) und gab eine ungefähre Aktionärszahl von eins an. Keine anderen Wertpapiere unterliegen mehr den Berichtspflichten. Die Mitteilung wurde vom Finanzvorstand Michael Hearne unterzeichnet.

Sobald das Formular 15 wirksam wird, wird Kronos Bio keine periodischen Meldungen wie Formulare 10-K, 10-Q oder 8-K mehr einreichen, was die öffentliche Transparenz erheblich reduziert und möglicherweise die Liquidität der verbleibenden Aktionäre beeinträchtigt.

Positive
  • None.
Negative
  • Termination of SEC registration eliminates mandatory public disclosures, reducing transparency and likely decreasing trading liquidity for remaining shareholders.

Insights

TL;DR: Deregistration ends SEC reporting, sharply reducing transparency and likely hurting public shareholders.

Filing Form 15 under Rules 12g-4(a)(1) and 12h-3(b)(1)(i) is a decisive step to exit the public-company reporting framework. With only one holder of record, KRON meets the statutory thresholds, so the termination should take effect automatically. While legally permissible, the move eliminates audited financial statements, proxy disclosures and current reports, removing critical oversight mechanisms. For investors still holding shares, reduced information flow may lower market liquidity and widen bid-ask spreads. The action is therefore material and, from a governance standpoint, negative for minority shareholders.

TL;DR: Form 15 filing is materially negative; future financial data will disappear, complicating valuation.

This filing signals an immediate shift from public to private-style disclosure. Without periodic SEC reports, fundamental analysis becomes difficult, forcing investors to rely on limited or voluntary information. Liquidity constraints typically follow, as many institutional mandates restrict holdings in non-reporting securities. Consequently, the risk-adjusted required return on KRON stock rises, pressuring valuation. Unless an exit event—such as a tender offer—follows, shareholders face higher uncertainty.

Kronos Bio, Inc. (KRON) ha presentato il Modulo 15-12G alla SEC statunitense il 30 giugno 2025, certificando la cessazione della registrazione delle sue azioni ordinarie ai sensi della Sezione 12(g) del Securities Exchange Act del 1934 e sospendendo l'obbligo della società di presentare report secondo le Sezioni 13 e 15(d).

La società si è avvalsa della Regola 12g-4(a)(1) e della Regola 12h-3(b)(1)(i), dichiarando un numero approssimativo di azionisti pari a uno. Nessun altro titolo rimane soggetto agli obblighi di segnalazione. L'avviso è stato firmato dal Direttore Finanziario Michael Hearne.

Una volta che il Modulo 15 entrerà in vigore, Kronos Bio non presenterà più documenti periodici come i Moduli 10-K, 10-Q o 8-K, riducendo significativamente la trasparenza pubblica e potenzialmente influenzando la liquidità per gli azionisti rimanenti.

Kronos Bio, Inc. (KRON) presentó un Formulario 15-12G ante la SEC de EE. UU. el 30 de junio de 2025, certificando la terminación del registro de sus acciones comunes bajo la Sección 12(g) del Securities Exchange Act de 1934 y suspendiendo la obligación de la empresa de presentar informes conforme a las Secciones 13 y 15(d).

La compañía se basó en la Regla 12g-4(a)(1) y la Regla 12h-3(b)(1)(i), revelando un recuento aproximado de accionistas de uno. No quedan otros valores sujetos a obligaciones de reporte. El aviso fue firmado por el Director Financiero Michael Hearne.

Una vez que el Formulario 15 entre en vigor, Kronos Bio dejará de presentar informes periódicos como los Formularios 10-K, 10-Q o 8-K, reduciendo significativamente la divulgación pública y afectando potencialmente la liquidez para los accionistas restantes.

Kronos Bio, Inc.(KRON)는 2025년 6월 30일 미국 SEC에 Form 15-12G를 제출하여 1934년 증권거래법 제12(g)조에 따른 보통주 등록을 종료하고 제13조 및 15(d)조에 따른 보고 의무를 중단한다고 인증했습니다.

회사는 규칙 12g-4(a)(1)규칙 12h-3(b)(1)(i)를 근거로 대략적인 주주 수가 1명임을 공개했습니다. 다른 증권은 보고 의무 대상이 아닙니다. 이 통지는 최고재무책임자 마이클 허른이 서명했습니다.

Form 15가 효력을 발휘하면 Kronos Bio는 더 이상 10-K, 10-Q, 8-K 양식과 같은 정기 제출물을 제출하지 않아 공개 정보가 크게 줄어들고 남은 주주들의 유동성에 영향을 미칠 수 있습니다.

Kronos Bio, Inc. (KRON) a déposé un formulaire 15-12G auprès de la SEC américaine le 30 juin 2025, certifiant la cessation de l'enregistrement de ses actions ordinaires en vertu de la Section 12(g) du Securities Exchange Act de 1934 et suspendant l'obligation de la société de déposer des rapports selon les Sections 13 et 15(d).

La société s'est appuyée sur la Règle 12g-4(a)(1) et la Règle 12h-3(b)(1)(i), divulguant un nombre approximatif de détenteurs égal à un. Aucun autre titre n'est soumis aux obligations de déclaration. L'avis a été signé par le directeur financier Michael Hearne.

Une fois que le formulaire 15 sera effectif, Kronos Bio ne soumettra plus de rapports périodiques tels que les formulaires 10-K, 10-Q ou 8-K, réduisant ainsi considérablement la divulgation publique et pouvant affecter la liquidité pour les actionnaires restants.

Kronos Bio, Inc. (KRON) reichte am 30. Juni 2025 ein Formular 15-12G bei der US-SEC ein und bestätigte damit die Beendigung der Registrierung seiner Stammaktien gemäß Abschnitt 12(g) des Securities Exchange Act von 1934 sowie die Aussetzung der Berichtspflicht des Unternehmens nach den Abschnitten 13 und 15(d).

Das Unternehmen berief sich auf Regel 12g-4(a)(1) und Regel 12h-3(b)(1)(i) und gab eine ungefähre Aktionärszahl von eins an. Keine anderen Wertpapiere unterliegen mehr den Berichtspflichten. Die Mitteilung wurde vom Finanzvorstand Michael Hearne unterzeichnet.

Sobald das Formular 15 wirksam wird, wird Kronos Bio keine periodischen Meldungen wie Formulare 10-K, 10-Q oder 8-K mehr einreichen, was die öffentliche Transparenz erheblich reduziert und möglicherweise die Liquidität der verbleibenden Aktionäre beeinträchtigt.

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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 (Date of earliest event reported): June 30, 2025

 

Energy Services of America Corporation

(Exact Name of Registrant as Specified in its Charter)

 

Delaware 001-32998 20-4606266
(State or other Jurisdiction
of Incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification No.)

 

75 West 3rd Ave., Huntington, West Virginia 25701
(Address of Principal Executive Offices) (Zip Code)

 

Registrant’s telephone number, including area code: (304) 522-3868  

 

Not Applicable

(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 (see General Instruction A.2. below):

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Ticker symbol(s) Name of each exchange on which registered
Common Stock, Par Value $0.0001 ESOA The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

Item 8.01 Other Events

 

On June 30, 2025, Energy Services of America Corporation (the “Company” or “Energy Services”) announced it has been added to the Russell 2000 and Russell 3000 index, effective at the start of trading today.

 

A copy of the press release dated June 30, 2025, is included as Exhibit 99.1 to this report and is being furnished to the SEC and shall not be deemed filed for any purpose. 

 

Item 9.01 Financial Statements and Exhibits

 

(d) Exhibits

 

Exhibit 99.1 Press Release dated June 30, 2025

104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document)

 

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:  June 30, 2025 By: /s/ Charles Crimmel
    Charles Crimmel
    Chief Financial Officer

 

 

 

 

FAQ

What did Kronos Bio (KRON) file with the SEC on June 30, 2025?

Kronos Bio filed Form 15-12G, certifying the termination of registration of its common stock.

Which rules did Kronos Bio rely on for deregistration?

The company checked Rule 12g-4(a)(1) and Rule 12h-3(b)(1)(i).

How many holders of record does Kronos Bio report in the filing?

The filing states there is one holder of record.

What class of securities is covered by Kronos Bio's Form 15?

The filing covers the company’s Common Stock, $0.001 par value per share.

Who signed the Form 15 on behalf of Kronos Bio?

It was signed by Michael Hearne, Chief Financial Officer.

Does Kronos Bio have any other securities that remain registered?

No. The filing lists None for other classes of securities.
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