OLYMPIC STEEL INC: M&A transaction — Olympic Steel completes merger with Ryerson; each share converted to 1.7105 RYI shares

OLYMPIC STEEL INC

Merger closed Feb 13, 2026; Olympic became wholly owned subsidiary of Ryerson Holding.
Each ZEUS share converted to 1.7105 Ryerson common shares; ~19.5M RYI shares issued.
ZEUS delisted from Nasdaq as of close of trading on Feb 13, 2026.
All prior directors resigned; Andrea C. Okun and Mark Silver appointed as directors.
Existing credit agreement with Bank of America terminated; all obligations repaid.

item 1.02 item 2.01 item 3.01 item 3.03 item 5.01 item 5.03 item 5.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.7

OLYMPIC STEEL INC: Articles of incorporation and code of regulations amended and restated in their entirety pursuant to merger agreement.

Change: charter amendment

Exact text from the filing

Pursuant to the Merger Agreement, as of the Effective Time, the Company’s Amended and Restated Articles of Incorporation and Third Amended and Restated Code of Regulations were amended and restated in their entirety.

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M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

OLYMPIC STEEL INC underwent a change of control involving Ryerson Holding Corporation (closed 2026-02-13).

Action: change of control
Counterparty: Ryerson Holding Corporation
Closing: 2026-02-13

Exact text from the filing

On the Closing Date, the parties completed the Merger.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

OLYMPIC STEEL INC terminated Third Amended and Restated Loan and Security Agreement with Bank of America, N.A., as administrative agent, and the Lenders.

Action: termination
Agreement: credit facility
Counterparty: Bank of America, N.A., as administrative agent, and the Lenders

Exact text from the filing

Item 1.02. Termination of a Material Definitive Agreement. In connection with the completion of the Merger, on the Closing Date, the Company terminated the Third Amended and Restated Loan and Security Agreement, dated as of December 8, 2017 (as amended, the “Credit Agreement”), by and among the Company, the Lenders (as defined therein), Bank of America, N.A., as administrative agent, and the other parties thereto.

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37 governance changes filed in the last 30 days. Browse all governance changes →

Source: SEC EDGAR

accession 0001193125-26-051373

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