Ecoark Holdings, Inc. (NasdaqCM:ZEST) announced the spin-off of Enviro Technologies U.S., Inc. (OTCPK : EVTN) on September 12, 2022. As per the transaction, all common and preferred stockholders of record as of September 30, 2022, will receive on a pro rata basis, 1.594 share for every share of Ecoark they own. Enviro Technologies U.S., Inc. announcing that its Board of Directors had approved and declared a four-for-one stock split.

Company shareholders of record at the close of business on December 30, 2022 will receive three additional shares of the Company's common stock for each then-held share of common stock. Trading will begin on a stock split-adjusted basis on January 17, 2023. Following the forward stock split, there will be approximately 74,268,332 common shares issued and outstanding.

On December 30, 2022 the Company's board of directors and majority shareholder approved a name change of the Company to “Wolf Energy Services Inc.”, as the new name will better reflect the Company's business and operations. On January 30, 2023, the Company filed articles of amendment to its articles of incorporation with the Secretary of State of Florida and after processing by FINRA, the Company has formally changed its name to Wolf Energy Services Inc. effective February 1, 2023. Additionally, effective February 1, 2023, Wolf Energy Services Inc. will begin trading under its new ticker symbol, WOEN.