Every 8-K that Olympic Steel, Inc. (ZEUS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow ZEUS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ZEUS filings page.
Olympic Steel, Inc. completed its merger with Ryerson Holding Corporation on February 13, 2026, becoming a wholly owned subsidiary of Ryerson. Each share of Olympic common stock was converted into the right to receive 1.7105 shares of Ryerson common stock, with cash paid in lieu of fractional shares. Ryerson issued approximately 19.5 million shares of its common stock to former Olympic shareholders as merger consideration.
In connection with closing, Olympic terminated its Third Amended and Restated Loan and Security Agreement dated December 8, 2017 and repaid all outstanding principal, interest and fees without any early termination penalty. Olympic’s common stock, formerly trading under the symbol “ZEUS” on Nasdaq, ceased trading and is being delisted, and the company plans to deregister and suspend its SEC reporting obligations. Control shifted to Ryerson, the board was replaced with Ryerson’s designees, and Olympic’s articles of incorporation and code of regulations were amended and restated as of the merger effective time.
Olympic Steel, Inc. shareholders approved a merger with Ryerson Holding Corporation, clearing a key step for Olympic Steel to become a wholly owned subsidiary of Ryerson. The merger proposal passed with 9,210,955 shares voted for, 35,670 against and 30,926 abstaining, out of 11,261,678 shares outstanding as of the record date.
The companies expect to close the merger on February 13, 2026, after which Olympic Steel shares will cease trading on Nasdaq. At closing, Olympic Steel shareholders will be entitled to receive 1.7105 shares of Ryerson common stock for each share of Olympic Steel common stock they own.
Olympic Steel filed an 8-K describing supplemental disclosures to its joint proxy statement/prospectus for the planned merger with Ryerson Holding Corporation. The additions respond to shareholder demand letters and two lawsuits challenging the adequacy of prior disclosures; both companies deny any wrongdoing or disclosure deficiencies.
The new details expand KeyBanc Capital Markets’ and Houlihan Lokey’s fairness analyses, including comparable company EV/EBITDA multiples, precedent transaction valuation multiples, analyst price targets of $38.00–$40.00 per share and a calculated net present value of $20.81, and discounted cash flow assumptions such as weighted average cost of capital ranges and terminal EBITDA multiples. The filing also reminds shareholders of the February 12, 2026 special meeting to vote on the merger and includes extensive forward‑looking risk factors tied to completing the transaction and broader steel industry conditions.
Olympic Steel (ZEUS) agreed to merge with Ryerson. Under the Agreement and Plan of Merger, each share of Olympic Steel common stock will be converted into 1.7105 shares of Ryerson common stock, rounded down to the nearest whole share, with cash paid in lieu of any fractional shares. The boards of both companies approved the deal and will seek shareholder approvals.
Closing is subject to customary conditions, including majority approvals from Olympic Steel shareholders and Ryerson stockholders, NYSE listing approval for the Ryerson shares to be issued, effectiveness of a Form S-4, expiration or termination of the HSR waiting period, and other specified representations, covenants and tax opinions. The merger has an outside date of April 28, 2026, extendable to July 28, 2026 for certain regulatory approvals. Either side may owe a $15,000,000 fee upon specified recommendation changes or willful and material solicitation breaches, and expense reimbursement up to $10,000,000 applies if stockholder approval is not obtained as described.
Equity and cash incentive awards are addressed with a mix of assumption, conversion into Ryerson-based awards, or cash settlement consistent with the exchange ratio and plan terms.
Olympic Steel (ZEUS) furnished a press release reporting operating results for the third quarter ended September 30, 2025. The press release is attached as Exhibit 99.1.
The information was provided under Item 2.02 (Results of Operations and Financial Condition), is furnished rather than filed under the Exchange Act, and is not incorporated by reference into other filings except as expressly stated.