---
schema_version: "secwatch.filing_event.v1"
accession: "0000095953-21-000098"
form_type: "8-K"
ticker: "ACNT"
cik: "0000095953"
company_name: "ASCENT INDUSTRIES CO."
filed_at: "2021-11-16T23:59:59+00:00"
generated_at: "2026-06-28T08:04:24.006811+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000095953-21-000098
- form_type: 8-K
- ticker: ACNT
- cik: 0000095953
- company_name: ASCENT INDUSTRIES CO.
- filed_at: 2021-11-16T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/95953/000009595321000098/0000095953-21-000098-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/95953/000009595321000098/synl-20211112.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000095953-21-000098
- JSON: https://secwatch.observer/filing/0000095953-21-000098.json
- Plain text: https://secwatch.observer/filing/0000095953-21-000098.txt

## Key facts
- Executive change
  Dave Kuzy departed as executive vice president of Synalloy Chemicals at ASCENT INDUSTRIES CO..
  - Action: separated
  - Role: executive vice president of Synalloy Chemicals
  source text: Mr. Zuppo succeeds Dave Kuzy, who was separated from his position with the Company, effective as of November 12, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/95953/000009595321000098/0000095953-21-000098-index.htm
- Executive change
  John Zuppo was appointed as executive vice president of Synalloy Chemicals at ASCENT INDUSTRIES CO..
  - Action: appointed
  - Role: executive vice president of Synalloy Chemicals
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/95953/000009595321000098/0000095953-21-000098-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.