Source-grounded facts extracted from ASCENT INDUSTRIES CO.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
ASCENT INDUSTRIES CO. shareholders approved Ratification of the appointment of Baker Tilly US, LLP as Ascent Industries Co.'s independent registered public accounting firm for the fiscal year ending December 31, 2026 at the 2026-06-10 meeting.
“Proposal 3: Ratification of the appointment of Baker Tilly US, LLP as Ascent Industries Co.'s independent registered public accounting firm for the fiscal year ending December 31, 2026 Votes For Votes Against Abstain 7,417,001 18,131 15,971”
ASCENT INDUSTRIES CO. shareholders approved Advisory approval of Ascent Industries Co.'s named executive officer compensation for fiscal 2025 at the 2026-06-10 meeting.
“Proposal 2: Advisory approval of Ascent Industries Co.'s named executive officer compensation for fiscal 2025 Votes For Votes Against Abstain Broker Non-Votes 5,763,830 52,369 17,682 1,617,222”
ASCENT INDUSTRIES CO. shareholders approved Election of Directors at the 2026-06-10 meeting.
“Proposal 1: Election of Directors Name Votes For Votes Against Abstain Broker Non-Votes Carmen J. Giannantonio 5,752,309 63,111 18,461 1,617,222 Henry L. Guy 3,762,153 2,053,805 17,923 1,617,222 Christopher G. Hutter 5,296,943 516,757 20,181 1,617,222 J. Bryan Kitchen 5,756,742 59,922 17,217 1,617,222 Aldo J. Mazzaferro 3,777,522 2,049,057 7,302 1,617,222 Jeremy F. Rohen 5,615,350 200,037 18,494 1,617,222 Benjamin Rosenzweig 5,063,441 752,215 18,225 1,617,222”
ASCENT INDUSTRIES CO. reported first quarter ended March 31, 2026 results: revenue $19.4 million, net income $(2.0) million, EPS $(0.21) per diluted share.
“on targeted acquisitions, and returning capital to shareholders where we see compelling value.” First Quarter 2026 Financial Results Net sales from continuing operations were $19.4 million compared to $17.8 million in the first quarter of 2025. The increase was a result of increases in volume and average selling prices. Gross profit from continuing operations”
ASCENT INDUSTRIES CO. completed an acquisition involving Midwest Graphics Sales Inc. and Sigma Coatings, Inc. for $14,000,000 (closed 2026-05-04).
“the Company purchased substantially all of the assets and certain specified liabilities of Seller for $14,000,000, subject to certain customary adjustments for working capital, transaction expenses, and cash, on the terms and subject to the conditions set forth in the Purchase Agreement (the “Transaction”). The Transaction closed simultaneously with the execution of the Purchase Agreement.”
ASCENT INDUSTRIES CO. entered into Purchase Agreement with Midwest Graphics Sales Inc. and Sigma Coatings, Inc. valued at $14,000,000 (effective 2026-05-04).
“On May 4, 2026, Ascent Industries Co. (the “Company”) entered into a definitive agreement (the "Purchase Agreement”) with Midwest Graphics Sales Inc., an Illinois corporation and affiliated entity Sigma Coatings, Inc., an Illinois corporation, collectively (“Seller"), pursuant to which the Company purchased substantially all of the assets and certain specified liabilities of Seller for $14,000,000, subject to certain customary adjustments for working capital, transaction expenses, and cash, on the terms and subject to the conditions set forth in the Purchase Agreement (the “Transaction”).”
ASCENT INDUSTRIES CO. amended Limited Waiver, Consent and Sixth Amendment to Credit Agreement and Omnibus Amendment to Loan Documents with BMO Bank N.A. (effective 2025-12-10).
“On December 10, 2025, Ascent Industries Co. (“Ascent”) entered into a Limited Waiver, Consent and Sixth Amendment to Credit Agreement and Omnibus Amendment to Loan Documents with BMO Bank N.A. and the other lenders under Ascent’s credit facility (the “Credit Facility Amendment”).”
ASCENT INDUSTRIES CO. completed a disposition involving First Tube, LLC for approximately $16 million of cash proceeds (closed 2025-06-30).
“and ASTI. On June 30, 2025, the Company and Purchaser completed the transaction contemplated by the Purchase Agreement. The consideration for the transaction was approximately $16 million of cash proceeds subject to certain closing adjustments. On June 30, 2025, Ascent issued a press release relating to the completion of the transaction. A copy of the press”
ASCENT INDUSTRIES CO. engaged Baker Tilly US, LLP as its auditor.
“the Audit Committee of the Company's Board of Directors approved the appointment of Baker Tilly, as the successor to Moss Adams, as the Company's independent registered public accounting firm.”
Moss Adams LLP resigned as auditor of ASCENT INDUSTRIES CO..
“Moss Adams has resigned as the auditors of the Company and the Audit Committee of the Company's Board of Directors approved the appointment of Baker Tilly, as the successor to Moss Adams, as the Company's independent registered public accounting firm.”
ASCENT INDUSTRIES CO.: Amended bylaws to remove stock certificate issuance and provide for dematerialization of securities (effective 2025-04-04).
“On April 4, 2025, the Board of Directors (the "Board") approved and adopted the Amended and Restated Bylaws (as amended and restated, the “Bylaws”) to amend the provisions relating to the issuance of certificates of stock and to provide for the dematerialization of the Company's securities.”
ASCENT INDUSTRIES CO. completed a disposition involving Bristol Pipe and Tube, Inc. for approximately $45 million of cash proceeds (closed 2025-04-04).
“On April 4, 2025, the Company and Purchaser completed the transaction contemplated by the Purchase Agreement. The consideration for the transaction was approximately $45 million of cash proceeds subject to certain closing adjustments.”
J. Bryan Kitchen resigned as Director at ASCENT INDUSTRIES CO..
“Effective June 11, 2024, J. Bryan Kitchen, President and Chief Executive Officer of Ascent Industries Co. (the “Company”), tendered his resignation as a director of the Company in order to maintain the independence of a majority of the Board of Directors pursuant to Nasdaq Rule 5605(b)(1).”
ASCENT INDUSTRIES CO. reported first quarter ended March 31, 2024 results: revenue $44.1 million, net income $(4.7) million net loss, EPS $(0.47) diluted loss per share.
“results throughout 2024. We are on the right track to create durable value for shareholders.” First Quarter 2024 Financial Results Net sales from continuing operations were $44.1 million compared to $54.9 million in the first quarter of 2023, primarily attributable to decreased end-market demand and de-stocking trends across both segments. Gross profit from”
G. Douglas Tackett departed as Chief Legal Officer at ASCENT INDUSTRIES CO..
“the Company and G. Douglas Tackett entered into an agreement pursuant to which Mr. Tackett’s employment as the Chief Legal Officer of the Company will be terminated without cause effective April 30, 2024.”
ASCENT INDUSTRIES CO. reported financial results for fourth quarter and full year ended December 31, 2023.
“On March 28, 2024, Ascent Industries Co. ("the Company") issued a press release announcing financial information for its fourth quarter and fiscal year ended December 31, 2023. The press release is attached as Exhibit 99.1 to this Form 8-K and is furnished to, but not filed with, the Commission.”
William Steckel resigned as Chief Financial Officer at ASCENT INDUSTRIES CO..
“William “Bill” Steckel, who resigned from the Company on February 9, 2024 to pursue other opportunities.”
J. Bryan Kitchen was appointed as Director at ASCENT INDUSTRIES CO..
“the Board...unanimously approved the appointment of Mr. Kitchen as a director of the Company, to serve from February 14, 2024”
J. Bryan Kitchen was appointed as Chief Executive Officer at ASCENT INDUSTRIES CO..
“On February 10, 2024, Ascent Industries Co (“Ascent” or the “Company”) appointed Ascent Chemicals’ President J. Bryan Kitchen as Ascent’s CEO”
Chris Hutter changed role as Director at ASCENT INDUSTRIES CO..
“Mr. Kitchen, 49 succeeds President and CEO Chris Hutter, who will remain on the Company’s board of directors.”
ASCENT INDUSTRIES CO. completed a disposition involving Specialty Pipe & Tube Operations, LLC for $55 million of cash proceeds (closed 2023-12-22).
“related to SPT to Specialty Pipe & Tube Operations, LLC, a Delaware limited liability company (the “Purchaser”). The consideration for the transaction was approximately $55 million of cash proceeds subject to certain closing adjustments. The transaction closed on December 22, 2023. The Purchase Agreement contains customary representations, warranties and”
ASCENT INDUSTRIES CO. amended revolving credit of reduced from $105 million to $80 million with BMO Bank N.A. and the other lenders at SOFR plus an interest rate margin of between 1.85% and 2.10%.
“The Credit Facility Amendment also reduced the maximum revolving loan commitment under the credit facility from $105 million to $80 million, and increased the interest rate for the credit facility from SOFR plus an interest rate margin of between 1.60% and 1.70% to SOFR plus an interest rate margin of between 1.85% and 2.10%, depending on average availability under the credit facility and Ascent’s consolidated fixed charge coverage ratio.”
ASCENT INDUSTRIES CO. amended Limited Consent, Second Amendment to Credit Agreement and Omnibus Amendment to Loan Documents with BMO Bank N.A. (effective 2023-12-22).
“On December 22, 2023, Ascent also entered into a Limited Consent, Second Amendment to Credit Agreement and Omnibus Amendment to Loan Documents with BMO Bank N.A. and the other lenders under Ascent’s credit facility (the “Credit Facility Amendment”).”
ASCENT INDUSTRIES CO. entered into Employee Leasing Agreement with Specialty Pipe & Tube Operations, LLC (effective 2023-12-22).
“Ascent and Purchaser also entered into a Transition Services Agreement (the “TSA”) and an Employee Leasing Agreement (the “ELA”) each dated December 22, 2023, pursuant to which Ascent has agreed to provide certain transition services and to lease certain employees to Purchaser immediately after the closing for certain agreed upon transition periods.”
ASCENT INDUSTRIES CO. entered into Transition Services Agreement with Specialty Pipe & Tube Operations, LLC (effective 2023-12-22).
“Ascent and Purchaser also entered into a Transition Services Agreement (the “TSA”) and an Employee Leasing Agreement (the “ELA”) each dated December 22, 2023, pursuant to which Ascent has agreed to provide certain transition services and to lease certain employees to Purchaser immediately after the closing for certain agreed upon transition periods.”
ASCENT INDUSTRIES CO. entered into Purchase Agreement with Specialty Pipe & Tube Operations, LLC valued at approximately $55 million (effective 2023-12-22).
“On December 22, 2023, Ascent Industries Co. (“Ascent”) and its wholly-owned subsidiary Specialty Pipe & Tube, Inc. (“SPT”) entered into an Asset Purchase Agreement (the “Purchase Agreement”) pursuant to which Ascent and SPT sold substantially all of the assets primarily related to SPT to Specialty Pipe & Tube Operations, LLC, a Delaware limited liability company (the “Purchaser”).”
ASCENT INDUSTRIES CO. reported third quarter ended September 30, 2023 results: revenue $56.1 million, net income $(12.8) million, EPS $(1.26) diluted loss per share.
“Net sales from continuing operations were $56.1 million compared to $78.2 million in the prior year period.”
ASCENT INDUSTRIES CO. reported second quarter ended June 30, 2023 results: revenue $60.7 million, net income $(3.7) million, EPS $(0.37) diluted loss per share.
“are now behind us and expect to begin seeing improvements through the remainder of the year.” Second Quarter 2023 Financial Results Net sales from continuing operations were $60.7 million compared to $84.6 million in the prior year period. The decrease is primarily due to lower overall sales volumes and lower average selling prices within both the tubular products”
John Zuppo resigned as Executive Vice President, Specialty Chemicals at ASCENT INDUSTRIES CO..
“On June 29, 2023, John Zuppo notified Ascent Industries Co. (the “Company”) that he would be resigning from his role as the Company’s Executive Vice President, Specialty Chemicals, effective June 30, 2023.”
ASCENT INDUSTRIES CO. shareholders approved Advisory approval of Ascent Industries Co.'s named executive officer compensation for fiscal 2022 at the 2023-06-13 meeting.
“Advisory approval of Ascent Industries Co.'s named executive officer compensation for fiscal 2022 Votes For Votes Against Abstain 6,865,874 355,781 86,568”
ASCENT INDUSTRIES CO. shareholders approved Election of Director at the 2023-06-13 meeting.
“Henry L. Guy 5,930,357 1,363,778 14,088”
ASCENT INDUSTRIES CO. announced a impairment with charges of approximately $2.5 million to $10.3 million affecting welded pipe and tube facility located in Munhall, Pennsylvania.
“The Company also expects to incur non-cash charges of approximately $2.5 million to $10.3 million in asset impairments, inventory write-downs and other non-cash restructuring charges.”
ASCENT INDUSTRIES CO. announced a restructuring with charges of approximately $2.8 million to $6.7 million affecting welded pipe and tube facility located in Munhall, Pennsylvania.
“focus on its core operations and to improve profitability while driving operational efficiencies. The Company currently expects to incur pre-tax cash charges of approximately $2.8 million to $6.7 million in connection with the Munhall Closure in fiscal year 2023, which is expected to include $2.6 million in severance costs and $0.2 million to $4.1 million in other”
ASCENT INDUSTRIES CO. engaged Moss Adams LLP as its auditor.
“on May 22, 2023, the Audit Committee selected Moss Adams LLP (“Moss Adams”) as the Company’s independent registered public accounting firm for the year ending December 31, 2023, and the related interim periods, replacing BDO USA, LLP”
ASCENT INDUSTRIES CO. reported the first quarter ended March 31, 2023 results: revenue $82.5 million, net income Net loss was $5.2 million, EPS $(0.51) loss per share.
“committed to delivering long-term value to our shareholders through a culture of hard work and performance-based results.” 1 First Quarter 2023 Financial Results Net sales were $82.5 million compared to $116.2 million in the prior year period. The decrease is primarily due to the intentional reduction in low-margin sales and lower overall volumes within the tubular”
Aaron Tam resigned as Chief Financial Officer at ASCENT INDUSTRIES CO..
“Mr. Steckel succeeds Aaron Tam, who resigned from his officer position with the Company, effective as of April 14, 2023.”
William Steckel was appointed as Chief Financial Officer at ASCENT INDUSTRIES CO..
“On April 17, 2023, Ascent Industries Co (“Ascent” or the “Company”) announced the appointment of William (“Bill”) Steckel, age 65, as Chief Financial Officer.”
ASCENT INDUSTRIES CO. reported financial results for fourth quarter and full year ended December 31, 2022.
“On March 31, 2023, Ascent Industries Co ("the Company") issued a press release announcing financial information for its fourth quarter and year ended December 31, 2022.”
Timothy Lynch was terminated as Executive Vice President, Tubular Products at ASCENT INDUSTRIES CO..
“On March 15, 2023, Ascent Industries Co. (the “Company”) terminated the employment of Timothy Lynch as the Company’s Executive Vice President, Tubular Products effective March 15, 2023.”
ASCENT INDUSTRIES CO. reported the third quarter ended September 30, 2022 results: revenue $100.2 million, net income $0.6 million, EPS $0.06 diluted earnings per share.
“our strategy, further unlocking value across our platform and driving long-term results for our shareholders.” 1 Third Quarter 2022 Financial Results Net sales increased 16% to $100.2 million compared to $86.2 million in the prior year period, attributable to favorable tubular pricing early in the quarter, as well as the ongoing shift to higher priced products. Gross”
Aldo Mazzaferro was appointed as Director at ASCENT INDUSTRIES CO..
“the appointment of Aldo Mazzaferro (age 68) as a director of the Company”
Christopher Hutter was appointed as Chief Executive Officer at ASCENT INDUSTRIES CO..
“approve his position as Chief Executive Officer of the Company.”
Dave Kuzy departed as executive vice president of Synalloy Chemicals at ASCENT INDUSTRIES CO..
“Mr. Zuppo succeeds Dave Kuzy, who was separated from his position with the Company, effective as of November 12, 2021.”
John Zuppo was appointed as executive vice president of Synalloy Chemicals at ASCENT INDUSTRIES CO..
“On November 15, 2021, Synalloy Corporation (“Synalloy” or the “Company”) announced the appointment of John Zuppo as executive vice president of Synalloy Chemicals, a division of Synalloy, effective November 12, 2021.”
Sally M. Cunningham departed as Chief Financial Officer at ASCENT INDUSTRIES CO..
“Mr. Tam succeeds Sally M. Cunningham, who was separated from her officer position with the Company, effective as of August 27, 2021.”
Aaron Tam was appointed as Chief Financial Officer at ASCENT INDUSTRIES CO..
“On August 30, 2021, the Company announced the appointment of Aaron Tam, 52, as Chief Financial Officer of Synalloy Corporation (“Synalloy” or the “Company”).”
Doug Tackett was appointed as Chief Legal Officer at ASCENT INDUSTRIES CO..
“On July 6, 2021, the Company announced the appointment of Doug Tackett as Chief Legal Officer.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.