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Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
Entry into a Material Definitive Agreement. On May 4, 2026, Ascent Industries Co. (the “Company”) entered into a definitive agreement (the "Purchase Agreement”) with Midwest Graphics Sales Inc., an Illinois corporation and affiliated entity Sigma Coatings, Inc., an Illinois corporation, collectively (“Seller"), pursuant to which the Company purchased substantially all of the assets and certain specified liabilities of Seller for $14,000,000, subject to certain customary adjustments for workin…
Completion of Acquisition or Disposition of Assets. The information set forth under
Results of Operations and Financial Condition On May 6, 2026, the Company issued a press release announcing financial information for its first quarter ended March 31, 2026. The press release is attached as Exhibit 99.1 to this Form 8-K and is furnished to, but not filed with, the Commission.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Director Appointments On March 31, 2026, the Board of Directors (the "Board"), upon the recommendation of the Nominating and Corporate Governance Committee of the Board, approved a resolution increasing the size of the Board from five to seven directors. Concurrently, the Board, upon the recommendation of the Nominating and Corporate Governance Com…
Other Events On March 31, 2026, Ascent Industries Co. (the “Company”) adopted a written trading plan under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended (“Exchange Act”). The trading plan will include purchases up to the total amount of 1,750,000 shares executed daily based on specified price targets. This written trading plan will take effect on March 31, 2026 and will cease on May 11, 2026. Adopting a trading plan that satisfies the conditions of Rule 10b5-1 allows a compan…
Results of Operations and Financial Condition On March 3, 2026, Ascent Industries Co. ("the Company") issued a press release announcing financial information for its fourth quarter and year ended December 31, 2025. The press release is attached as Exhibit 99.1 to this Form 8-K and is furnished to, but not filed with, the Commission.
Other Events On December 16, 2025, the Company's Board of Directors authorized a new share repurchase program. The new share repurchase program allows for repurchase of up to 2.0 million shares of the Company's outstanding common stock over 24 months. The shares will be purchased from time to time at prevailing market prices, through open market or privately negotiated transactions, depending on market conditions. Under the program, the purchases will be funded from available working capital,…
Entry into a Material Definitive Agreement. On December 10, 2025, Ascent Industries Co. (“Ascent”) entered into a Limited Waiver, Consent and Sixth Amendment to Credit Agreement and Omnibus Amendment to Loan Documents with BMO Bank N.A. and the other lenders under Ascent’s credit facility (the “Credit Facility Amendment”). The Credit Facility Amendment contains a consent for (a) Ascent entering into the previously disclosed assignment of the lease for Ascent’s former tubular facility in Munha…
Entry into a Material Definitive Agreement. On November 14, 2025, Ascent Industries Co. (the "Company") and Store Master Funding XII, LLC ("STORE"), entered into a Seventh Amended and Restated Master Lease Agreement (the "Seventh Master Lease") to remove the former Munhall facility and reduce the Company's rent pursuant to the Sixth Amended and Restated Master Lease Agreement between the parties dated June 30, 2025.
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant The information included under
Other Events On November 17, 2025, the Company issued a press release announcing that the Company's sale-leaseback partner, STORE, had entered into an agreement to assign the lease for the Company's former tubular facility in Munhall, Pennsylvania. The press release is attached as Exhibit 99.1 to this Form 8-K and is furnished to, but not filed with, the Commission. Forward Looking Statements This report may include “forward-looking statements” within the meaning of the Private Securities Lit…
Results of Operations and Financial Condition On November 4, 2025, Ascent Industries Co. ("the Company") issued a press release announcing financial information for its third quarter ended September 30, 2025. The press release is attached as Exhibit 99.1 to this Form 8-K and is furnished to, but not filed with, the Commission.
Other Events On September 19, 2025, Ascent Industries Co. (the “Company”) adopted a written trading plan under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended (“Exchange Act”). The trading plan will include purchases up to the total amount of 350,000 shares executed daily based on specified price targets. This written trading plan will take effect on September 20, 2025 and will cease on November 4, 2025. Adopting a trading plan that satisfies the conditions of Rule 10b5-1 allow…
Results of Operations and Financial Condition On August 6, 2025, Ascent Industries Co. ("the Company") issued a press release announcing financial information for its second quarter ended June 30, 2025. The press release is attached as Exhibit 99.1 to this Form 8-K and is furnished to, but not filed with, the Commission.
Entry into a Material Definitive Agreement. American Stainless Tubing, LLC. Divestiture On June 23, 2025, Ascent Industries Co. (“Ascent”) and its wholly-owned subsidiary American Stainless Tubing, LLC. ("ASTI"), entered into an Asset Purchase Agreement (the “Purchase Agreement”) pursuant to which they sold substantially all of the assets related to ASTI to First Tube, LLC., a Texas limited liability company and wholly-owned subsidiary of Triple-S Steel Holdings, Inc (the “Purchaser”). The co…
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant The information included under
Other Events On June 18, 2025, Ascent Industries Co. (the “Company”) adopted a written trading plan under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended (“Exchange Act”). The trading plan will include purchases up to the total amount of 350,000 shares executed daily based on specified price targets. This written trading plan will take effect on June 20, 2025 and will cease on August 5, 2025. Adopting a trading plan that satisfies the conditions of Rule 10b5-1 allows a company…
Changes in Registrant's Certifying Accountant (a) Change of Independent Registered Public Accounting Firm On June 3, 2025, Ascent Industries Co., (the "Company") was notified that Moss Adams LLP ("Moss Adams"), the Company's independent registered public accounting firm, merged with Baker Tilly US, LLP effective on June 3, 2025. The combined audit practices operate as Baker Tilly US, LLP (“Baker Tilly”). In connection with the notification of the merger, Moss Adams has resigned as the auditor…
Other Events On May 16, 2025, Ascent Industries Co. (the “Company”) purchased 499,700 shares of its common stock, par value $1.00 per share, from a shareholder at a price of $12.00 per share. The shares represent approximately 5.0% of the Company’s issued and outstanding common stock. The purchase was completed in the open market under the Company’s previously announced 10b5-1 share repurchase program. Following the repurchase, 9,500,994 shares of the Company’s common stock remain issued and…
Results of Operations and Financial Condition On May 12, 2025, Ascent Industries Co. ("the Company") issued a press release announcing financial information for its first quarter ended March 31, 2025. The press release is attached as Exhibit 99.1 to this Form 8-K and is furnished to, but not filed with, the Commission.
Other Events On March 20, 2025, Ascent Industries Co. (the “Company”) adopted a written trading plan under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended (“Exchange Act”). The trading plan will include purchases up to the total amount of 1.0 million shares executed daily based on specified price targets. This written trading plan will take effect on March 22, 2025 and will cease on May 9, 2025. Adopting a trading plan that satisfies the conditions of Rule 10b5-1 allows a compa…
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant The information included under
Entry into a Material Definitive Agreement. Bristol Metals, LLC. Divestiture On March 12, 2025, Ascent Industries Co. (“Ascent”) and its wholly-owned subsidiaries Synalloy Metals, Inc. ("Synalloy Metals") and Bristol Metals, LLC. ("BRISMET"), entered into an Asset Purchase Agreement (the “Purchase Agreement”) pursuant to which they sold substantially all of the assets related to BRISMET to Bristol Pipe and Tube, Inc., a Delaware corporation (the “Purchaser”). The consideration for the transac…
Results of Operations and Financial Condition On March 4, 2025, Ascent Industries Co. ("the Company") issued a press release announcing financial information for its fourth quarter and year ended December 31, 2024. The press release is attached as Exhibit 99.1 to this Form 8-K and is furnished to, but not filed with, the Commission.
Other Events On February 17, 2025, the Company's Board of Directors authorized a new share repurchase program. The new share repurchase program allows for repurchase of up to 1.0 million shares of the Company's outstanding common stock over 24 months. The shares will be purchased from time to time at prevailing market prices, through open market or privately negotiated transactions, depending on market conditions. Under the program, the purchases will be funded from available working capital,…
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