---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-133381"
form_type: "8-K"
ticker: "WS"
cik: "0001968487"
company_name: "Worthington Steel, Inc."
filed_at: "2026-03-31T23:59:59+00:00"
generated_at: "2026-05-15T08:15:31.446931+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Worthington Steel exceeds 57.5% minimum acceptance in Kloeckner & Co tender offer

## Summary
- Secured ~58.8% of Kloeckner issued share capital, surpassing the 57.5% threshold.
- Additional acceptance period runs April 1–14, 2026 for remaining shareholders.
- Offer price of €11.00/share (98% premium to undisturbed 3-month VWAP).
- Completion expected in H2 2026, subject to regulatory approvals.
- Worthington Steel plans DPLTA and potential delisting or squeeze-out post-closing.

## SEC filing metadata
- accession: 0001193125-26-133381
- form_type: 8-K
- ticker: WS
- cik: 0001968487
- company_name: Worthington Steel, Inc.
- filed_at: 2026-03-31T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1968487/000119312526133381/0001193125-26-133381-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1968487/000119312526133381/d112300d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-133381
- JSON: https://secwatch.observer/filing/0001193125-26-133381.json
- Plain text: https://secwatch.observer/filing/0001193125-26-133381.txt

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