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Hudson Technologies (NASDAQ: HDSN) extends key DLA contract during rebid

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Hudson Technologies, Inc. announced that its subsidiary, Hudson Technologies Company, received a bridge modification from the U.S. Defense Logistics Agency extending the expiration of its existing contract from July 29, 2026 to November 29, 2026. The modification also includes two additional three‑month options that could further extend the agreement to February 28, 2027 and then to May 29, 2027.

The company has served as prime contractor to the DLA since a five‑year contract awarded in July 2016, followed by a five‑year renewal exercised in July 2021. Hudson retained the contract again in October 2025 after a competitive rebid, but in January 2026 the DLA rescinded that 2025 award after a bid protest challenged its evaluation methodology. The new extension allows Hudson to continue providing uninterrupted refrigerant and related services to the DLA while the agency completes its review and rebidding process.

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Insights

DLA bridge extension preserves revenue continuity but leaves award outcome uncertain.

Hudson Technologies secured a bridge modification extending its long‑standing DLA contract from July 29, 2026 to November 29, 2026, with two optional three‑month extensions. This maintains its role as prime contractor while the U.S. Defense Logistics Agency completes a new rebid.

The filing notes that Hudson’s 2025 DLA Contract award, won in October 2025, was rescinded in January 2026 after a bid protest questioned the agency’s evaluation methodology. That places the future contract structure in flux even as day‑to‑day service continues under the existing agreement.

For now, the bridge modification avoids an operational gap in services to the DLA and supports ongoing activity under the current terms. The longer‑term impact depends on the final outcome of the rebidding process and any new contract terms the DLA may implement after completing its review.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Current contract extended to November 29, 2026 New expiration date under bridge modification
First optional extension date February 28, 2027 First three‑month option under DLA modification
Second optional extension date May 29, 2027 Second three‑month option under DLA modification
Initial DLA award term 5 years Prime contract awarded July 2016
Renewal option term 5 years Renewal exercised July 2021
2025 award timing October 2025 Hudson retained the DLA contract after rebid
Rescission notice timing January 2026 DLA rescinded 2025 award after bid protest
bridge modification regulatory
"received a bridge modification from the United States Defense Logistics Agency"
bid protest regulatory
"the Company was notified that a bid protest had been filed challenging the DLA’s evaluation methodology"
A bid protest is a formal challenge by a company or bidder that contests the way a contract or procurement award was decided, typically arguing the selection process was unfair or rules were broken. For investors, a protest can pause or overturn expected revenue, create legal costs and uncertainty, and delay project timelines—similar to disputing the outcome of a competition, where the result can be changed or the contest rerun.
prime contractor financial
"the Company was awarded, as prime contractor, a five-year contract"
A prime contractor is the main company awarded a contract and legally responsible for delivering the agreed goods or services and for managing any subcontractors. For investors, the prime contractor is where revenue and risk concentrate: it controls payment flow, bears performance and compliance risk, and its ability to meet contract terms affects cash flow, future contract wins, and reputation—think of it as the general contractor on a construction site who coordinates others and is judged by the final result.
refrigerant reclaimers technical
"one of the nation’s largest refrigerant reclaimers"
forward-looking statements regulatory
"Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 Statements contained herein which are not historical facts constitute forward-looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
carbon offset projects financial
"As a component of the Company’s products and services, the Company also generates carbon offset projects"
false 0000925528 HUDSON TECHNOLOGIES INC /NY 0000925528 2026-05-27 2026-05-27 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of report (Date of earliest event reported)   May 27, 2026

 

Hudson Technologies, Inc.

(Exact Name of Registrant as Specified in Charter)

 

New York

(State or Other Jurisdiction of Incorporation)

 

1-13412   13-3641539
(Commission File Number)   (IRS Employer Identification No.)

 

300 Tice Boulevard, Suite 290, Woodcliff Lake, New Jersey   07677
(Address of Principal Executive Offices)   (Zip Code)

 

(845) 735-6000

(Registrant's Telephone Number, Including Area Code)
 

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbols(s) Name of each exchange on which registered
Common Stock, $0.01 par value HDSN Nasdaq Capital Market

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company           ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.           ¨

 

 

 

 

 

 

Item 8.01Other Events.

 

On May 27, 2026, Hudson Technologies Company (the “Company”), a subsidiary of Hudson Technologies, Inc., received a bridge modification from the United States Defense Logistics Agency (“DLA”) extending the expiration date of its existing agreement with the DLA, which was scheduled to expire on July 29, 2026, to November 29, 2026 (the “Modification”). The Modification also contains two additional three-month options allowing the DLA to further extend the expiration date to February 28, 2027 and May 29, 2027.

 

In July 2016 the Company was awarded, as prime contractor, a five-year contract, together with a five-year renewal option which was exercised in July 2021, by the DLA for the management, supply, and sale of refrigerants, compressed gases, cylinders and related services.

 

A copy of a press release issued with respect to the foregoing on May 28, 2026 is filed herewith as Exhibit 99.1.

 

Item 9.01Financial Statements and Exhibits.

 

(d) Exhibits

 

  Exhibit 99.1 Press Release issued May 28, 2026
  Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: May 28, 2026

 

  HUDSON TECHNOLOGIES, INC.
   
 

By:

/s/ Brian J. Bertaux

  Name: Brian J. Bertaux
  Title: Chief Financial Officer & Secretary

 

3

 

 

Exhibit 99.1

 

 

 

HUDSON TECHNOLOGIES receives EXTENSION OF Contract with the united states defense logistics agency

 

WOODCLIFF LAKE, NJ – MAY 28, 2026 – Hudson Technologies, Inc. (NASDAQ: HDSN), a leading provider of innovative and sustainable refrigerant products and services to the Heating, Ventilation, Air Conditioning, and Refrigeration industry - and one of the nation’s largest refrigerant reclaimers - today announced that it has received a bridge modification from the United States Defense Logistics Agency (“DLA”) extending the expiration date of its existing agreement from July 29, 2026 to November 29, 2026 with the option for two additional three-month extensions through February 28, 2027 and May 29, 2027, if necessary.

 

In July 2016, Hudson Technologies was awarded, as prime contractor, a five-year contract by the DLA for services including the management, supply, and sale of refrigerants, compressed gases, and cylinders. The contract included a five-year renewal option, which was exercised in July 2021.

 

In October 2025, Hudson Technologies successfully retained the contract (the “2025 DLA Contract”) following a standard competitive review and rebidding process conducted by the DLA. In January 2026, however, the Company was notified that a bid protest had been filed challenging the DLA’s evaluation methodology and subsequent award to Hudson Technologies. As a result, the DLA rescinded the 2025 DLA Contract award pending completion of its review process.

 

The contract extension bridges the current agreement while the DLA completes the rebidding process. During this period, Hudson Technologies will continue providing uninterrupted service to the DLA under the existing contract until the review of the 2025 award process and rebid is finalized.

 

Ken Gaglione, President and Chief Executive Officer of Hudson Technologies, commented, “We appreciate the DLA’s continued business and view this contract extension as a strong endorsement of the value Hudson has delivered throughout our more than 10-year relationship. We welcome this extension as an important next step in our longstanding commitment to supporting the DLA and its mission.”

 

About Hudson Technologies

 

Hudson Technologies, Inc. is a leading provider of innovative and sustainable refrigerant products and services to the Heating Ventilation Air Conditioning and Refrigeration industry. For nearly three decades, we have demonstrated our commitment to our customers and the environment by becoming one of the first in the United States and largest refrigerant reclaimers through multimillion dollar investments in the plants and advanced separation technology required to recover a wide variety of refrigerants and restoring them to Air-Conditioning, Heating, and Refrigeration Institute standard for reuse as certified EMERALD Refrigerants™. The Company's products and services are primarily used in commercial air conditioning, industrial processing and refrigeration systems, and include refrigerant and industrial gas sales, refrigerant management services consisting primarily of reclamation of refrigerants and RefrigerantSide® Services performed at a customer's site, consisting of system decontamination to remove moisture, oils and other contaminants. The Company’s SmartEnergy OPS® service is a web-based real time continuous monitoring service applicable to a facility’s refrigeration systems and other energy systems. The Company’s Chiller Chemistry® and Chill Smart® services are also predictive and diagnostic service offerings. As a component of the Company’s products and services, the Company also generates carbon offset projects.

 

 

 

 

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

 

Statements contained herein which are not historical facts constitute forward-looking statements. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.  Such factors include, but are not limited to, changes in the laws and regulations affecting the industry, changes in the demand and price for refrigerants (including unfavorable market conditions adversely affecting the demand for, and the price of, refrigerants), the Company's ability to source refrigerants, regulatory and economic factors, seasonality, competition, litigation, the nature of supplier or customer arrangements that become available to the Company in the future, adverse weather conditions, possible technological obsolescence of existing products and services, possible reduction in the carrying value of long-lived assets, estimates of the useful life of its assets, potential environmental liability, customer concentration, the ability to obtain financing, the ability to meet financial covenants under its existing credit facility, any delays or interruptions in bringing products and services to market, the timely availability of any requisite permits and authorizations from governmental entities and third parties as well as factors relating to doing business outside the United States, including changes in the laws, regulations, policies, and political, financial and economic conditions, including inflation, interest and currency exchange rates, of countries in which the Company may seek to conduct business, the Company’s ability to successfully integrate any assets it acquires from third parties into its operations, and other risks detailed in the Company's 10-K for the year ended December 31, 2025 and other subsequent filings with the Securities and Exchange Commission. The words "believe", "expect", "anticipate", "may", "plan", "should" and similar expressions identify forward-looking statements.  Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made.

 

Investor Relations Contact:
John Nesbett/Jennifer Belodeau
IMS Investor Relations
(203) 972-9200
hudson@imsinvestorrelations.com
Company Contact:
Brian Bertaux, CFO
Hudson Technologies, Inc.
(845) 735-6000
bbertaux@hudsontech.com

 

 

 

FAQ

What did Hudson Technologies (HDSN) announce about its DLA contract?

Hudson Technologies announced a bridge modification from the U.S. Defense Logistics Agency extending its existing contract’s expiration from July 29, 2026 to November 29, 2026. The extension keeps services in place while the agency completes a review and rebidding process for a subsequent award.

How long can the Hudson Technologies DLA contract extension run under the new modification?

The bridge modification initially extends the contract to November 29, 2026, with two additional three‑month options. If both options are exercised, the agreement could run through February 28, 2027 and then May 29, 2027, maintaining continuity of service to the Defense Logistics Agency.

Why was Hudson Technologies’ 2025 DLA Contract rescinded after being awarded?

Hudson Technologies states that after it retained the DLA contract in October 2025, a bid protest was filed challenging the agency’s evaluation methodology. Following this protest, the Defense Logistics Agency rescinded the 2025 contract award pending completion of its review and a new rebidding process.

Will Hudson Technologies continue servicing the DLA during the rebidding process?

Yes. The company explains that the bridge modification is intended to "bridge" the current agreement while the DLA completes its review and rebid. During this period, Hudson Technologies will continue providing uninterrupted refrigerant and related services to the Defense Logistics Agency under the existing contract.

How long has Hudson Technologies worked with the Defense Logistics Agency?

Hudson Technologies notes that it was awarded a five‑year DLA contract as prime contractor in July 2016, with a five‑year renewal option exercised in July 2021. This history, together with the current bridge extension, reflects a relationship spanning more than a decade of refrigerant and gas supply services.

What services does Hudson Technologies provide under its DLA contract?

Under the DLA contract, Hudson Technologies manages the supply and sale of refrigerants, compressed gases, cylinders, and related services. The company highlights its broader capabilities in refrigerant reclamation, on‑site RefrigerantSide® services, predictive diagnostics, and energy monitoring solutions supporting critical HVACR and industrial systems.

Filing Exhibits & Attachments

4 documents