Synalloy appoints John Zuppo as EVP of Chemicals, launches $10M rights offering

ASCENT INDUSTRIES CO.

John Zuppo appointed EVP of Synalloy Chemicals effective Nov 12, succeeding Dave Kuzy; he was former DanChem CEO (acquired Oct 25).
Board approved $10M rights offering; one right per share, each exercisable for 0.083768 shares at $12.75 per full share.
Record date Nov 29; subscription period Nov 30 to Dec 16; oversubscription privilege available.
Insiders and largest shareholders Privet Fund LP and UPG Enterprises intend to fully subscribe and oversubscribe.
Proceeds to be used for growth initiatives including potential acquisitions and general corporate purposes.

item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Dave Kuzy

executive vice president of Synalloy Chemicals

ACNT · ASCENT INDUSTRIES CO.

Effective: 2021-11-12
Successor: John Zuppo
Filed: November 16, 2021, 6:59 PM ET

Mr. Zuppo succeeds Dave Kuzy, who was separated from his position with the Company, effective as of November 12, 2021.

Appointed

John Zuppo

executive vice president of Synalloy Chemicals

ACNT · ASCENT INDUSTRIES CO.

Effective: 2021-11-12
Filed: November 16, 2021, 6:59 PM ET

On November 15, 2021, Synalloy Corporation (“Synalloy” or the “Company”) announced the appointment of John Zuppo as executive vice president of Synalloy Chemicals, a division of Synalloy, effective November 12, 2021.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Dave Kuzy departed as executive vice president of Synalloy Chemicals at ASCENT INDUSTRIES CO..

Action: separated
Role: executive vice president of Synalloy Chemicals

Exact text from the filing

Mr. Zuppo succeeds Dave Kuzy, who was separated from his position with the Company, effective as of November 12, 2021.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

John Zuppo was appointed as executive vice president of Synalloy Chemicals at ASCENT INDUSTRIES CO..

Action: appointed
Role: executive vice president of Synalloy Chemicals

Exact text from the filing

On November 15, 2021, Synalloy Corporation (“Synalloy” or the “Company”) announced the appointment of John Zuppo as executive vice president of Synalloy Chemicals, a division of Synalloy, effective November 12, 2021.

View on SEC.gov

ASCENT INDUSTRIES CO. filing history →

Source: SEC EDGAR

accession 0000095953-21-000098

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