---
schema_version: "secwatch.filing_event.v1"
accession: "0000095953-26-000074"
form_type: "8-K"
ticker: "ACNT"
cik: "0000095953"
company_name: "ASCENT INDUSTRIES CO."
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T23:07:12.509912+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ascent Industries acquires Midwest Graphic/Sigma for $14M; Q1 net sales up 9% to $19.4M but adjusted EBITDA loss widens

## Summary
- $14M cash acquisition of Midwest Graphic Sales and Sigma Coatings closed May 4, 2026; immediately accretive to cash and EBITDA.
- Q1 net sales $19.4M (+9% YoY), net loss $(2.0)M (improved from $(2.2)M), diluted EPS $(0.21).
- Q1 adjusted EBITDA loss $(1.0)M (from -$0.5M), margin (5.0)% (from (2.6)%); management cites temporary onboarding costs.
- Repurchased 295,695 shares for ~$3.9M at avg $12.92; cash $47.8M, no revolver borrowings.
- Acquisition expected to deliver $3-5M run-rate gross profit improvement by Q4 2026 via insourcing and cross-selling.

## SEC filing metadata
- accession: 0000095953-26-000074
- form_type: 8-K
- ticker: ACNT
- cik: 0000095953
- company_name: ASCENT INDUSTRIES CO.
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/95953/000009595326000074/0000095953-26-000074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/95953/000009595326000074/acnt-20260504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000095953-26-000074
- JSON: https://secwatch.observer/filing/0000095953-26-000074.json
- Plain text: https://secwatch.observer/filing/0000095953-26-000074.txt

## Source-grounded claims
- claim_id: 6a75696e8f16cc2d997be4b77f85776472f7130b
  claim: ASCENT INDUSTRIES CO. reported first quarter ended March 31, 2026 results: revenue $19.4 million, net income $(2.0) million, EPS $(0.21) per diluted share.
  evidence_excerpt: on targeted acquisitions, and returning capital to shareholders where we see compelling value.” First Quarter 2026 Financial Results Net sales from continuing operations were $19.4 million compared to $17.8 million in the first quarter of 2025. The increase was a result of increases in volume and average selling prices. Gross profit from continuing operations
  evidence_url: https://www.sec.gov/Archives/edgar/data/95953/000009595326000074/0000095953-26-000074-index.htm
- claim_id: 76aed856116f5a0aa699102ba8de3f24c8afbc37
  claim: ASCENT INDUSTRIES CO. completed an acquisition involving Midwest Graphics Sales Inc. and Sigma Coatings, Inc. for $14,000,000 (closed 2026-05-04).
  evidence_excerpt: the Company purchased substantially all of the assets and certain specified liabilities of Seller for $14,000,000, subject to certain customary adjustments for working capital, transaction expenses, and cash, on the terms and subject to the conditions set forth in the Purchase Agreement (the “Transaction”). The Transaction closed simultaneously with the execution of the Purchase Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/95953/000009595326000074/0000095953-26-000074-index.htm
- claim_id: 72be9ab881b4d4036debcccbfbdaadd9e33f1df6
  claim: ASCENT INDUSTRIES CO. entered into Purchase Agreement with Midwest Graphics Sales Inc. and Sigma Coatings, Inc. valued at $14,000,000 (effective 2026-05-04).
  evidence_excerpt: 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 working capital, transaction expenses, and cash, on the terms and subject to the conditions set forth in the Purchase Agreement (the “Transaction”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/95953/000009595326000074/0000095953-26-000074-index.htm

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