{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-034049","form_type":"8-K/A","ticker":"FRD","cik":"0000039092","company_name":"FRIEDMAN INDUSTRIES INC","filed_at":"2025-11-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.774233+00:00","generated_at":"2026-05-16T22:44:43.382611+00:00","sec_items":["9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Friedman Industries files Century Metals audited results: $98.8M rev, $4.1M net income in 2024","bullets":["Century Metals FY2024 net sales $98.8M (down from $103.8M in 2023); net income $4.1M vs $4.2M.","Total assets $68.6M, liabilities $42.1M at Dec 31, 2024; acquisition closed Aug 29, 2025.","Pro forma condensed combined financials filed for acquisition of Florida service centers in Miami, Tampa, Orlando.","Customer concentration: one customer accounted for 11% of 2024 sales ($10.9M).","Two vendors provided 28% of cost of sales in 2024; line of credit $16.5M at SOFR+2.5%."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-034049","json":"https://secwatch.observer/filing/0001437749-25-034049.json","markdown":"https://secwatch.observer/filing/0001437749-25-034049.md","text":"https://secwatch.observer/filing/0001437749-25-034049.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/39092/000143774925034049/0001437749-25-034049-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/39092/000143774925034049/frd20251107_8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T22:44:43.382611+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}