Business
Energy Services of America Corporation Announces Proposed Public Offering of Common Stock
Energy Services of America Corporation (the "Company") today announced that it intends to offer and sell shares of its common stock in an underwritten public offering. The Company also expects to grant the underwriter a 30-day option to purchase additional shares of common stock of the Company in an amount of up to 15% of the number of shares sold in the offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be compl
About this update from Energy Services Of America Corporation
[{"type":"text","content":"HUNTINGTON, W.Va., Feb. 18, 2026 /PRNewswire/ -- Energy Services of America Corporation (the "Company") today announced that it intends to offer and sell shares of its common stock in an underwritten public offering. The Company also expects to grant the underwriter a 30-day option to purchase additional shares of common stock of the Company in an amount of up to 15% of the number of shares sold in the offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.","length":615,"tagName":"p"},{"type":"image","alt":"ESA Logo (PRNewsfoto/Energy Services of America Corporation)","displaySize":"","headline":null,"caption":"ESA Logo (PRNewsfoto/Energy Services of America Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":56,"url":"https://media.zenfs.com/en/prnewswire.com/84794732a308acb0078fb66caa35b633"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/rwewQe61dlxjQLQH1cRdvg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTk5O2NmPXdlYnA-/https://media.zenfs.com/en/prnewswire.com/84794732a308acb0078fb66caa35b633","width":400,"height":56}},"href":"https://mma.prnewswire.com/media/2747932/ESA_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The Company plans to use the net proceeds from the offering for general corporate purposes, working capital and for potential acquisitions. The Company has no current plans, arrangements or understandings relating to any specific acquisition or similar transaction.","length":265,"tagName":"p"},{"type":"text","content":"Lake Street Capital Markets, LLC is serving as the sole underwriter for the offering.","length":85,"tagName":"p"},{"type":"text","content":"The Company has filed with the Securities and Exchange Commission (the "SEC") a shelf registration statement (including a prospectus) on Form S-3 (File No. 333-280025) and a preliminary prospectus supplement for the offering to which this press release relates. Before you invest, you should read the preliminary prospectus supplement and the accompanying prospectus, including the information incorporated by reference therein, and the other documents we have filed and will file with the SEC for more complete information about the Co...