Enservco Corporation announced a private placement to issue convertible debt for the gross proceeds of $1,625,000 on September 11, 2023. The transaction will include participation from lead investors of Rapid Hot and returning investor Cross River Partners LP, a fund managed by Cross River Capital Management LLC. Convertible Note in the aggregate principal amount of $750,000 for a New Convertible Note with the same principal amount, and Kevin Chesser , a director of the Company, exchanged his Prior Convertible Note in the aggregate principal amount of $50,000.