EVO Transportation & Energy Services, Inc. (OTCPK:EVOA) entered into an agreement to acquire Ursa Major Corporation from John Lampsa and Ursula Lampsa for $2 million on December 15, 2018. Under the terms of the agreement, EVO will issue 0.8 million common shares as consideration. Ursa will operate as a wholly-owned subsidiary of EVO upon completion. The acquisition is subject to certain closing conditions including execution of employment agreement and is expected to close on January 9, 2019. EVO Transportation & Energy Services, Inc. (OTCPK:EVOA) completed the acquisition of Ursa Major Corporation from John Lampsa and Ursula Lampsa on February 1, 2019. Ursa Logistics will operate under the same company name and John Lampsa will remain as Chief Executive Officer.