---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-051373"
form_type: "8-K"
ticker: null
cik: "0000917470"
company_name: "OLYMPIC STEEL INC"
filed_at: "2026-02-13T23:59:59+00:00"
generated_at: "2026-05-16T02:53:15.026309+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Olympic Steel completes merger with Ryerson; each share converted to 1.7105 RYI shares

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-051373
- form_type: 8-K
- cik: 0000917470
- company_name: OLYMPIC STEEL INC
- filed_at: 2026-02-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.02, 2.01, 3.01, 3.03, 5.01, 5.03, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/917470/000119312526051373/0001193125-26-051373-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/917470/000119312526051373/d37005d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-051373
- JSON: https://secwatch.observer/filing/0001193125-26-051373.json
- Plain text: https://secwatch.observer/filing/0001193125-26-051373.txt

## Source-grounded claims
- claim_id: 7f8d244f0c4227e7f1202012f3d3d82ff5cd3147
  claim: OLYMPIC STEEL INC: Articles of incorporation and code of regulations amended and restated in their entirety pursuant to merger agreement.
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/917470/000119312526051373/0001193125-26-051373-index.htm
- claim_id: 98bb52bd2d7f8d3c6d4feb02fb6d8092ac7c6df1
  claim: OLYMPIC STEEL INC underwent a change of control involving Ryerson Holding Corporation (closed 2026-02-13).
  evidence_excerpt: On the Closing Date, the parties completed the Merger.
  evidence_url: https://www.sec.gov/Archives/edgar/data/917470/000119312526051373/0001193125-26-051373-index.htm
- claim_id: 2e20ff24d8de6033e8bca6560e46db2293fbdebb
  claim: OLYMPIC STEEL INC terminated Third Amended and Restated Loan and Security Agreement with Bank of America, N.A., as administrative agent, and the Lenders.
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/917470/000119312526051373/0001193125-26-051373-index.htm

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