---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-019166"
form_type: "8-K/A"
ticker: "FRD"
cik: "0000039092"
company_name: "FRIEDMAN INDUSTRIES INC"
filed_at: "2022-08-05T23:59:59+00:00"
generated_at: "2026-06-24T03:30:16.974819+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Friedman Industries Acquires Certain Assets of Plateplus for $72.4M and Stock

## Summary
- Friedman Industries acquired real estate, buildings, equipment, inventory, and client relationships from Plateplus’ East Chicago, IN and Granite City, IL facilities and other locations.
- Total consideration of approximately $72.4 million in cash and 516,041 shares of Friedman common stock.
- The acquisition was financed through an expansion of Friedman’s asset-based lending facility from $75M to $150M.
- The filing includes audited financial statements of the acquired assets and pro forma combined financial information.
- Net assets acquired totaled $72.9 million as of March 31, 2022.

## SEC filing metadata
- accession: 0001437749-22-019166
- form_type: 8-K/A
- ticker: FRD
- cik: 0000039092
- company_name: FRIEDMAN INDUSTRIES INC
- filed_at: 2022-08-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/39092/000143774922019166/0001437749-22-019166-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/39092/000143774922019166/frd20220805_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-019166
- JSON: https://secwatch.observer/filing/0001437749-22-019166.json
- Plain text: https://secwatch.observer/filing/0001437749-22-019166.txt

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