secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN VANGUARD CORP (AVD)
CIK:        0000005981
Form:       8-K
Filed at:   2022-05-09T23:59:59+00:00
Accession:  0001193125-22-144316
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Vanguard reports strong Q1 results, urges vote for board nominees amid Cruiser proxy contest
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- Q1 net sales $149.4M (+28.6% YoY), net income $9.9M (+219%), EBITDA $22.9M (+64.7%).
- Gross margin 41% improved from guidance; operating expenses dropped to 31% of sales.
- Cruiser Capital (0.19% owner) nominated three directors; board found their nominees have no plan or additive expertise.
- Board unanimously recommends voting FOR all nine director nominees on WHITE proxy card.
- 2022 Annual Meeting to be held electronically on June 1, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/5981/000119312522144316/0001193125-22-144316-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/5981/000119312522144316/d358277d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-144316

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