Welcome to our dedicated page for ASCENT INDUSTRIES CO. SEC filings (Ticker: ACNT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Ascent Industries Co. filings document the regulatory record of a specialty chemicals operating company, including financial results, material agreements, governance matters and capital-structure actions. Form 8-K reports cover purchase agreements for completed asset acquisitions, credit-facility amendments and lender consents, sale-leaseback and lease-related obligations, quarterly results releases, investor-presentation materials and related non-GAAP reconciliations.
Proxy filings describe board composition, director elections, executive compensation and shareholder-voting matters. The filing record also documents Ascent’s transition toward a focused specialty chemicals platform through completed tubular-business asset sales, internal chemical-manufacturing organizational changes, share repurchase activity, and disclosures tied to debt facilities and operating leases.
Ascent Industries Co. reported higher sales but mixed profitability for the quarter ended June 30, 2026. Net sales from continuing operations were $25,667 (in thousands), up from $18,652, driven by higher volumes and pricing. Gross profit rose to $5,548, though the gross margin percentage declined. Continuing operations generated net income of $670 versus a prior-year loss, while for the first six months the company posted a net loss of $1,310 on net sales of $45,083.
On May 4, 2026 Ascent acquired substantially all assets of Midwest Graphic Sales, Inc. and Sigma Coating, Inc. for approximately $13.5 million in cash, recognizing $4,735 (in thousands) of goodwill and $7,665 of intangible assets. Midwest contributed $1.9 million of net sales and no net income through June 30. Cash and cash equivalents declined to $28,069 from $57,606 at year-end, primarily due to the acquisition, higher capital spending and share repurchases, though the company had no borrowings under its $30 million revolving credit facility and reported a current ratio of 4.3.
Ascent repurchased 505,563 shares in the first half of 2026 for $6,849,961, leaving 1,492,941 shares available under its authorization. Operations related to the Bristol Metals and American Stainless Tubing businesses remain classified as discontinued for prior periods and contributed no 2026 results. Management disclosed that material weaknesses in IT general controls persist, so disclosure controls and procedures were not effective as of June 30, 2026.
Ascent Industries Co. reported second quarter 2026 net sales from continuing operations of $25.7 million, up 37.6% from $18.7 million a year earlier, driven by higher volumes and average selling prices. Gross profit rose to $5.5 million, though gross margin declined to 21.6% from 26.1%. Net income from continuing operations was $0.7 million, or $0.07 per diluted share, compared with a net loss of $(2.4) million, or $(0.25) per share, in the prior-year quarter. Adjusted EBITDA improved to $1.5 million from $(0.3) million, with margin rising to 5.7% from (1.8)%. Management described the quarter as one of the strongest in recent history and noted record trailing-twelve-month volume, net sales, gross profit and Adjusted EBITDA from continuing operations.
The May 4, 2026 acquisition of Midwest Graphic Sales and Sigma Coatings contributed $1.9 million of net sales, no net income and $0.3 million of Adjusted EBITDA in the quarter, and was described as immediately accretive to Adjusted EBITDA. As of June 30, 2026, Ascent held $28.1 million in cash and cash equivalents, had no borrowings under its revolving credit facilities and $17.9 million of availability. During the quarter it repurchased 209,868 shares for approximately $2.9 million at an average price of $13.80. A platform-wide optimization initiative remains on track to reach a run-rate improvement of approximately $3 million to $5 million in annualized gross profit by the end of 2026.
BlackRock, Inc. filed an amended ownership report for ASCENT INDUSTRIES CO., stating beneficial ownership of 161,979 shares of common stock as of June 30, 2026. This represents 1.8% of the outstanding common stock, placing BlackRock below the 5% large-holder threshold.
BlackRock reports sole voting and dispositive power over all 161,979 shares, with no shared voting or dispositive power. The filing explains that these securities are held by certain BlackRock business units on behalf of various underlying clients, and that no single other person has an interest exceeding 5% of the company’s outstanding common shares.
Ascent Industries Co. entered into an Omnibus Joinder to Loan Documents with BMO Bank N.A. and the other lenders under its existing credit facility on July 17, 2026. The joinder relates to the recently announced acquisition of Midwest Graphic Sales, Inc. and Sigma Coatings, Inc., together referred to as Midwest.
The company formed a wholly owned subsidiary, Ascent Chemicals - MGS, LLC, to hold the acquired Midwest business and related assets, and this entity is added as a loan party under the amended Credit Agreement, along with related conforming schedule and exhibit updates. The company states that, except for these changes, the material terms of the Credit Agreement remain unchanged and in full force and effect. An Omnibus Joinder to Credit Agreement is identified as Exhibit 10.1.
Ascent Industries Co. adopted a written trading plan under Rule 10b5-1 to repurchase its common stock. The plan permits purchases of up to 1,750,000 shares, with trades executed daily based on specified price targets.
The plan became effective on June 29, 2026 and is scheduled to cease on August 10, 2026. A broker appointed by the company will carry out the repurchases within the plan’s terms. The company notes that such plans allow repurchases even during certain blackout periods and that it may later adopt additional Rule 10b5-1 plans to support its existing stock repurchase program.
ASCENT INDUSTRIES CO. director Aldo John Mazzaferro Jr reported an open-market sale of 1,500 shares of Common Stock at a price of $14.10 per share. After this transaction, he directly holds 18,362 shares, indicating the sale represents a relatively small portion of his disclosed holdings.
Rohen Jeremy reported acquisition or exercise transactions in this Form 4 filing.
ASCENT INDUSTRIES CO. director Jeremy Rohen received a grant of 4,783 shares of Common Stock, valued at $13.59 per share. This was a compensation-related award, not an open-market purchase. Following the grant, he directly holds 6,942 shares. The shares vest in 25% installments each quarter starting from the grant date.
Mazzaferro Aldo John Jr reported acquisition or exercise transactions in this Form 4 filing.
ASCENT INDUSTRIES CO. director Aldo John Mazzaferro Jr reported an equity award of 4,231 shares of common stock. The shares are valued at a grant price of $13.59 per share and vest in quarterly installments of 25% beginning from the grant date. Following this compensation-related grant, his direct holdings increased to 19,862 common shares.
Hutter Christopher Gerald reported acquisition or exercise transactions in this Form 4 filing.
ASCENT INDUSTRIES CO. director Christopher Gerald Hutter reported an equity award of common stock. He received a grant of 4,231 shares of Common Stock at $13.59 per share as a compensation-related award, not an open-market purchase or sale.
After this award, Hutter directly holds 215,846 common shares and indirectly holds 178,959 common shares through a revocable trust. According to the footnote, the granted shares vest in quarterly installments of 25% beginning from the grant date, so the award becomes fully available over time rather than immediately.
Guy Henry L reported acquisition or exercise transactions in this Form 4 filing.
ASCENT INDUSTRIES CO. director Henry L. Guy received a stock award of 4,783 shares of Common Stock at $13.59 per share on June 10, 2026. The grant vests in quarterly installments of 25% beginning on the grant date. Following this award, he holds 76,093.072 shares directly, in addition to various indirect holdings reported through investment advisor and UTMA accounts.