secwatch / observer

Ramaco Resources, Inc. — fact timeline

Source-grounded facts extracted from Ramaco Resources, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

METC Ramaco Resources, Inc. JSON
Shareholder Votes

Ramaco Resources, Inc. shareholders approved Approve, on an advisory basis, the compensation paid by the Company to its named executive officers at the 2026-06-10 meeting.

“Shareholders were asked to vote to approve, on an advisory basis, the compensation paid by the Company to its named executive officers. The final vote totals are below. Votes For Votes Against Abstentions Broker Non-Votes 35,914,373 2,997,223 159,750 12,319,208”
Shareholder Votes

Ramaco Resources, Inc. shareholders approved Approve an amendment to the Company’s Long-Term Incentive Program (the “LTIP”) to increase the number of shares of Class A common stock subject to the LTIP by an additional 4,000,000 shares at the 2026-06-10 meeting.

“Shareholders were asked to vote to approve an amendment to the Company’s Long-Term Incentive Program (the “LTIP”) to increase the number of shares of Class A common stock subject to the LTIP by an additional 4,000,000 shares. Votes For Votes Against Abstentions Broker Non-Votes 33,603,634 5,379,416 88,296 12,319,208”
Shareholder Votes

Ramaco Resources, Inc. shareholders approved Ratify the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026 at the 2026-06-10 meeting.

“Shareholders were asked to vote to ratify the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026. There were no broker non-votes. The final vote totals are below. Votes For Votes Against Abstentions 51,176,895 123,273 90,386”
Shareholder Votes

Ramaco Resources, Inc. shareholders approved Election of Directors at the 2026-06-10 meeting.

“Shareholders were asked to vote upon the election of directors. The final vote totals are below. Name Votes For Votes Withheld Broker Non-Votes Bryan H. Lawrence 34,240,156 4,831,190 12,319,208 David E.K. Frischkorn, Jr. 33,142,435 5,928,911 12,319,208 Michael R. Graney 38,844,304 227,042 12,319,208”
Earnings Releases

Ramaco Resources, Inc. reported the first quarter of 2026 results: net income quarterly net loss of $(18.3) million, EPS Class A diluted EPS of $(0.30). Guidance reaffirmed.

“On May 11, 2026, Ramaco Resources, Inc. (the “Company”) issued a press release reporting its financial and operating results for the first quarter of 2026”
Material Agreements

Ramaco Resources, Inc. entered into Third Amended and Restated Credit and Security Agreement with KeyBank National Association, as administrative agent, collateral agent, lender, swing line lender and issuer valued at $350,000,000 (effective 2025-12-30).

“On December 30, 2025, Ramaco Resources, Inc. (the “Company”) entered into a Third Amended and Restated Credit and Security Agreement (the “Third A&R Credit Agreement”) with KeyBank National Association, as administrative agent, collateral agent, lender, swing line lender and issuer (the “Agent”),”
Debt Financings

Ramaco Resources, Inc. amended revolving credit of $350,000,000 with KeyBank National Association at SOFR plus an applicable margin of 2.50% per annum maturing December 30, 2030.

“The Third A&R Credit Agreement provides for an asset-based revolving credit facility with an initial aggregate revolving commitment of $350,000,000 (the “Credit Facility”), which may be increased pursuant to an incremental “accordion” feature of $150,000,000, in each case subject to the terms and conditions set forth therein. The Credit Facility matures on the earlier of December 30, 2030 and the date that is 180 days prior to the earliest maturity or mandatory redemption date of any Permitted Convertible Indebtedness (as defined in the Third A&R Credit Agreement), or such earlier date as the facility may be terminated pursuant to its terms. Borrowings under the Credit Facility are limited to the lesser of the aggregate revolving commitments and the borrowing base calculated under the Third A&R Credit Agreement. The Credit Facility includes a $10,000,000 sublimit for letters of credit, subject to customary issuance conditions and expiration provisions. Loans under the Credit Facility i”
Debt Financings

Ramaco Resources, Inc. incurred convertible notes of $345,000,000 aggregate principal amount at 0% maturing November 1, 2031.

“On November 7, 2025, the Company issued $345,000,000 principal amount of its 0% Convertible Senior Notes due 2031.”
Debt Financings

Ramaco Resources, Inc. incurred senior notes of $8.0 million aggregate principal amount at 8.250% per annum maturing July 31, 2030.

“On August 1, 2025, the Underwriters exercised the Over-Allotment Option for an additional $8.0 million aggregate principal amount of Notes, which closed on August 4, 2025.”
Debt Financings

Ramaco Resources, Inc. incurred senior notes of $57,000,000 with Wilmington Savings Fund Society, FSB at 8.250% per annum maturing July 31, 2030.

“On July 31, 2025 Ramaco Resources, Inc. (the “Company”) completed the previously announced offering (the “Offering”) of $57,000,000 in the aggregate, of the Company’s 8.250% Senior Notes due 2030 (the “Notes”).”
Debt Financings

Ramaco Resources, Inc. amended credit facility of Permitted Additional Unsecured Debt reduced from $75,000,000 to $15,000,000 plus unused portion of 2030 Unsecured Note B with KeyBank National Association, as administrative agent and lender; Cadence Bank; Associated Bank; City National Bank; Star Financial Bank; Trustmark National Bank.

“The Third Amendment Agreement, among other things, amends the Credit Agreement by permitting Ramaco to incur additional indebtedness in the form of the Notes to be issued in the Note Offering, in an aggregate principal amount not to exceed $100,000,000 (such amount, the “2030 Unsecured Note Basket”) after all of the Company’s 2026 Notes that were issued in July 2021 are redeemed in full, and reduces the amount of “Permitted Additional Unsecured Debt” (as defined in the Credit Agreement) from $75,000,000 to $15,000,000 plus the unused portion of the 2030 Unsecured Note Basket.”
Debt Financings

Ramaco Resources, Inc. incurred senior notes of $57,000,000 aggregate principal amount of the Notes with Lucid Capital Markets, LLC as representative of the several underwriters at 8.250% Senior Notes due 2030 maturing due 2030.

“named therein (the “Underwriters”), providing for, among other things, the sale by the Company and the purchase by the Underwriters, acting severally and not jointly, of $57,000,000 aggregate principal amount of the Notes. Pursuant to the Underwriting Agreement, the Company has also granted the Underwriters a 30-day option to purchase up to an additional”

Joseph Manchin III was appointed as Director at Ramaco Resources, Inc..

“On April 18, 2025, the Board of Directors (the “Board”) of Ramaco Resources, Inc. (the “Company”) approved the appointment of former US Senator Joseph Manchin III to serve as a member of the Board effective April 18, 2025, with a term expiring at the Company’s annual meeting of stockholders in 2025 or until his earlier death, resignation, disqualification, or removal.”

E. Forrest Jones, Jr. was appointed as General Counsel at Ramaco Resources, Inc..

“the Board appointed E. Forrest Jones, Jr. as the Company’s new General Counsel effective on or about May 1, 2025”

Evan H. Jenkins was appointed as Vice-Chairman at Ramaco Resources, Inc..

“the Board approved the appointment of the Company’s current General Counsel and Secretary, Evan H. Jenkins, age 64, to serve as a member of the Board filling the vacancy left by Mr. Jones’ resignation. The Board also approved the appointment of Mr. Jenkins as Vice-Chairman of the Board.”

E. Forrest Jones, Jr. resigned as Director at Ramaco Resources, Inc..

“E. Forrest Jones, Jr. resigned from the Board of Directors (the “Board”) and from his positions on all committees of the Board effective March 14, 2025.”
Earnings Releases

Ramaco Resources, Inc. reported the three months ended March 31, 2024 results: net income $2.0 million, EPS $0.00. Guidance reaffirmed.

“Ramaco Resources, Inc. (NASDAQ: METC, METCB, “Ramaco” or the “Company”), a leading operator and developer of high-quality, low-cost metallurgical coal, today reported financial results for the three months ended March 31, 2024.”
Material Agreements

Ramaco Resources, Inc. amended First Amendment Agreement with KeyBank National Association, Cadence Bank, Associated Bank, National Association, City National Bank, Star Financial Bank, Trustmark National Bank valued at $275.0 million (effective 2024-05-03).

“On May 3, 2024, Ramaco Resources, Inc. (the “Company”) entered into a First Amendment Agreement (the “First Amendment Agreement”) by and among the (i) the Company, Ramaco Development, LLC, RAM Mining, LLC, Ramaco Coal Sales, LLC, Ramaco Resources, LLC, Ramaco Resources Land Holdings, LLC, Ramaco Coal, Inc., Maben Coal LLC, Carbon Resources Development, Inc., and Ramaco Coal, LLC; (ii) KeyBank National Association, as administrative agent and lender; (iii) Cadence Bank, as lender, (iv) Associated Bank, National Association, as lender; (v) City National Bank, as lender; (v) Star Financial Bank, as lender; and (iv) Trustmark National Bank, as lender.”
Earnings Releases

Ramaco Resources, Inc. reported the twelve months ended December 31, 2023 results: net income $82.3 million. Guidance reaffirmed.

“For the twelve months ended December 31, 2023, the Company had net income of $82.3 million, compared to $116.0 million in 2022.”
Earnings Releases

Ramaco Resources, Inc. reported the three months ended December 31, 2023 results: net income $30.0 million. Guidance reaffirmed.

“For the three months ended December 31, 2023, the Company had net income of $30.0 million, compared to $19.5 million in the third quarter of 2023.”

Tyler Adkins changed role as Senior Vice President of Law and Assistant Secretary at Ramaco Resources, Inc..

“promoted Mr. Tyler Adkins, the Company’s Vice President and Assistant General Counsel, to Senior Vice President of Law and Assistant Secretary.”

Jeremy R. Sussman was appointed as Assistant Secretary at Ramaco Resources, Inc..

“the Board appointed Mr. Jeremy R. Sussman, the Company’s Chief Financial Officer, as an Assistant Secretary”

Evan H. Jenkins was appointed as General Counsel and Secretary at Ramaco Resources, Inc..

“On January 30, 2024, the Board appointed Evan H. Jenkins as the Company’s General Counsel and Secretary.”
Earnings Releases

Ramaco Resources, Inc. reported financial results for third quarter of 2023.

“On November 7, 2023, Ramaco Resources, Inc. (the “Company”) issued a press release reporting its financial and operating results for the third quarter of 2023 (the “Earnings Release”).”
Auditor Changes

Ramaco Resources, Inc. engaged Cherry Bekaert LLP as its auditor.

“the Company’s engagement letter with MCM was assigned to Cherry Bekaert, and the services set forth in the Company’s engagement letter will be fulfilled by Cherry Bekaert.”
Earnings Releases

Ramaco Resources, Inc. reported the three months and six months ended June 30, 2023 results: net income net income of $7.6 million (diluted EPS of $0.17), EPS diluted EPS of $0.17.

“On August 8, 2023, Ramaco Resources, Inc. (the “Company”) issued a press release reporting its financial and operating results for the second quarter of 2023 (the “Earnings Release”).”
Shareholder Votes

Ramaco Resources, Inc. shareholders approved Advisory vote on the frequency of executive compensation votes.

“The Company’s Board of Directors (the “Board”) recommended advisory executive compensation votes on an annual basis, and a majority of the shares were voted for annual advisory votes.”
Shareholder Votes

Ramaco Resources, Inc. shareholders approved Advisory vote on the frequency of future say-on-pay votes. at the 2023-06-27 meeting.

“Shareholders were asked to vote, on an advisory basis, whether future advisory votes on the compensation paid by the Company to its named executive officers (“say-on-pay” votes) should be held every one, two, or three years. The final vote totals are below. One Year Two Years Three Years Abstentions Broker Non-Votes 31,331,834 46,265 174,097 152,849 6,091,472”
Shareholder Votes

Ramaco Resources, Inc. shareholders approved Approve, on an advisory basis, the compensation paid by the Company to its named executive officers. at the 2023-06-27 meeting.

“Shareholders were asked to vote to approve, on an advisory basis, the compensation paid by the Company to its named executive officers. The final vote totals are below. Votes For Votes Against Abstentions Broker Non-Votes 31,117,346 368,649 219,050 6,091,472”
Shareholder Votes

Ramaco Resources, Inc. shareholders approved Ratify the appointment of MCM CPAs and Advisors LLP as the independent registered public accounting firm for the year ending December 31, 2023. at the 2023-06-27 meeting.

“Shareholders were asked to vote to ratify the appointment of MCM CPAs and Advisors LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023. There were no broker non-votes. The final vote totals are below. Name Votes For Votes Against Abstentions MCM CPAs and Advisors LLP 37,736,348 54,376 5,793”
Shareholder Votes

Ramaco Resources, Inc. shareholders approved Election of Directors at the 2023-06-27 meeting.

“Shareholders were asked to vote upon the election of directors. The final vote totals are below. Name Votes For Votes Withheld Broker Non-Votes Bryan H. Lawrence 30,874,853 830,192 6,091,472 David E.K. Frischkorn 31,204,115 500,930 6,091,472 Patrick C. Graney, III 27,397,371 4,307,674 6,091,472”
Governance Changes

Ramaco Resources, Inc.: Amended and restated the certificate of incorporation to reclassify existing common stock as Class A common stock, create Class B common stock, and provide board option to exchange Class B for Class A based on VWAP (effective 2023-06-12).

“On June 12, 2023, at a special meeting of shareholders (the “Special Meeting”) of Ramaco Resources, Inc. (the “Company”), the Company’s shareholders approved a proposal to amend and restate the Company’s existing certificate of incorporation with the Second Amended and Restated Certificate of Incorporation of the Company to, among other things, (1) reclassify the Company’s existing common stock, par value $0.01 per share (“Existing Common Stock”) as shares of Class A common stock, par value $0.01 per share (“Class A Common Stock”), (2) create a separate Class B common stock, par value $0.01 per share (“Class B Common Stock”) and (3) provide the board of directors of the Company the option, in its sole discretion, to exchange all outstanding shares of the Class B Common Stock into shares of Class A Common Stock based on an exchange ratio determined by a 20-day trailing volume-weighted average price for each class of stock (the “Charter Amendment Proposal”).”
Shareholder Votes

Ramaco Resources, Inc. shareholders approved Charter Amendment Proposal at the 2023-06-12 meeting.

“The results of the matters voted upon at the Special Meeting, as more fully described in the Proxy Statement, are set forth below. Charter Amendment Proposal For Against Abstain 32,914,092 210,587 25,014”
Earnings Releases

Ramaco Resources, Inc. reported three months ended March 31, 2023 results: net income net income of $25.3 million, EPS diluted EPS of $0.57. Guidance raised.

“Ramaco Resources, Inc. (NASDAQ: METC, “Ramaco” or the “Company”), a leading operator and developer of high-quality, low-cost metallurgical coal, today reported financial results for the three months ended March 31, 2023. FIRST QUARTER 2023 HIGHLIGHTS · The Company had net income of $25.3 million (diluted EPS of $0.57) compared to $14.4 million (diluted EPS of $0.32) in the fourth quarter of 2022.”
Earnings Releases

Ramaco Resources, Inc. reported twelve-month period ended December 31, 2022 results: net income net income was $116.0 million or $2.60 per diluted share, EPS $2.60 per diluted share.

“For the twelve-month period ended December 31, 2022, net income was $116.0 million or $2.60 per diluted share.”
Earnings Releases

Ramaco Resources, Inc. reported three months ended December 31, 2022 results: net income net income of $14.4 million, or $0.32 per diluted share, EPS $0.32 per diluted share.

“For the three months ended December 31, 2022, the Company reported net income of $14.4 million, or $0.32 per diluted share.”
Debt Financings

Ramaco Resources, Inc. incurred term loan of $25,000,000.

“The Company drew $25,000,000 immediately after entering the Credit and Security Agreement to prepay more expensive debt and for general working capital.”
Debt Financings

Ramaco Resources, Inc. incurred revolving credit of $175.0 million, consisting of an initial aggregate revolving commitment of the lenders of $125.0 million (the "Credit Fa with Keybank National Association, as administrative agent, collateral agent, lender, swing line lender and issuer; Keybanc Capital Markets, Inc., as lead arranger and sole book runner; Cadence Bank, as syndication agent at base rate plus 1.50% or the secured overnight financing rate plus 2.00% maturing February 15, 2026.

“Development, Inc. and Ramaco Coal, Inc. (collectively, the “Borrowers”). Pursuant to the Credit and Security Agreement, the Company's overall credit facility increased to $175.0 million, consisting of an initial aggregate revolving commitment of the lenders of $125.0 million (the "Credit Facility") and an accordion feature of $50.0 million available, subject to”
Material Agreements

Ramaco Resources, Inc. amended Second Amended and Restated Credit and Security Agreement with Keybank National Association, as administrative agent, collateral agent, lender, swing line lender and issuer; Keybanc Capital Markets, Inc., as lead arranger and sole book runner; Cadence Bank, as syndication agent; and such other lenders party thereto valued at $175.0 million (effective 2023-02-15).

“On February 15, 2023, Ramaco Resources, Inc. (the “Company”) entered into a Second Amended and Restated Credit and Security Agreement (the “Credit and Security Agreement”) by and among: (i) Keybank National Association, as administrative agent, collateral agent, lender, swing line lender and issuer; (ii) Keybanc Capital Markets, Inc., as lead arranger and sole book runner, (iii) Cadence Bank, as syndication agent, (iv) such other lenders that are now or hereafter become a party thereto; and (v) the Company, Ramaco Development, LLC, RAM Mining, LLC, Ramaco Coal Sales, LLC, Ramaco Resources, LLC, Ramaco Resources Land Holdings, LLC, Maben Coal LLC, Carbon Resources Development, Inc. and Ramaco Coal, Inc. (collectively, the “Borrowers”).”

Aurelia Skipwith Giacometto was appointed as Director at Ramaco Resources, Inc..

“the Company approved the appointment of Aurelia Skipwith Giacometto effective as of January 1, 2022 to serve as a member of the Board”

Mahmud Riffat resigned as Director at Ramaco Resources, Inc..

“On December 27, 2021, Jennifer Gray and Mahmud Riffat informed the Company of their decisions to resign from the Board effective as of December 27, 2021.”

Jennifer Gray resigned as Director at Ramaco Resources, Inc..

“On December 27, 2021, Jennifer Gray and Mahmud Riffat informed the Company of their decisions to resign from the Board effective as of December 27, 2021.”

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.