EVO Transportation & Energy Services Inc. (OTC Pink:EVOA) (‘EVO’) acquired Sheehy Mail Inc. from John Sheehy and Robert Sheehy for $5.6 million on January 2, 2019. The acquisition was made pursuant to the option agreement dated September 5, 2018 whereby the consideration payable was 2.24 million shares of EVO common stock issued at a price of $2.5 per share. As per the option agreement, Sheehy Enterprises Inc., the entity through which John Sheehy and Robert Sheehy held Sheehy Mail, will have the right, at any time from April 1, 2020 until October 31, 2020, to request that EVO purchase up to $1.2 million in fair market value of shares of EVO’s common stock held by Sheehy Enterprises. Sheehy Mail Chief Executive Officer John Sheehy was appointed Chief Operating Officer of EVO pursuant to the option agreement. Sheehy Mail reported total assets of $6.1 million, net revenues of $30.43 million and net loss of $0.58 million as of December 31, 2018. EVO Transportation & Energy Services Inc. (OTC Pink:EVOA) completed the acquisition of Sheehy Mail Inc. from John Sheehy and Robert Sheehy on January 2, 2019.