<SEC-DOCUMENT>0000095953-25-000044.txt : 20250604
<SEC-HEADER>0000095953-25-000044.hdr.sgml : 20250604
<ACCEPTANCE-DATETIME>20250604103727
ACCESSION NUMBER:		0000095953-25-000044
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20250604
DATE AS OF CHANGE:		20250604

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ASCENT INDUSTRIES CO.
		CENTRAL INDEX KEY:			0000095953
		STANDARD INDUSTRIAL CLASSIFICATION:	STEEL PIPE & TUBES [3317]
		ORGANIZATION NAME:           	04 Manufacturing
		EIN:				570426694
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-05200
		FILM NUMBER:		251022238

	BUSINESS ADDRESS:	
		STREET 1:		20 N. MARTINGALE RD
		STREET 2:		SUITE 430
		CITY:			SCHAUMBURG
		STATE:			IL
		ZIP:			60173
		BUSINESS PHONE:		6308849181

	MAIL ADDRESS:	
		STREET 1:		20 N. MARTINGALE RD
		STREET 2:		SUITE 430
		CITY:			SCHAUMBURG
		STATE:			IL
		ZIP:			60173

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SYNALLOY CORP
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKMAN UHLER INDUSTRIES INC
		DATE OF NAME CHANGE:	19710510
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEFA14A
<SEQUENCE>1
<FILENAME>a06042025defa14afiling.htm
<DESCRIPTION>DEFA14A
<TEXT>
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<title>Document</title></head><body><div id="i842e39f87a694b4cb93b3b44532bbd54_1"></div><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">United States</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Securities and Exchange Commission</font></div><div style="margin-bottom:6pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Washington, D. C. 20549</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">SCHEDULE 14A </font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Proxy Statement Pursuant to Section 14(a)</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">of the Securities Exchange Act of 1934 (Amendment No.__)</font></div><div style="margin-top:6pt"><font><br></font></div><div style="margin-top:3pt;padding-right:45pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">Filed by the Registrant </font><font style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:144%">&#9746;</font></div><div style="margin-top:3pt;padding-right:45pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">Filed by a Party other than the Registrant </font><font style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:144%">&#9744;</font></div><div style="margin-top:3pt;padding-right:45pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">Check the appropriate box&#58;</font></div><div style="margin-top:3pt;padding-left:72pt;text-indent:-36pt"><font style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:144%">&#9744;&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">Preliminary Proxy Statement</font></div><div style="margin-top:3pt;padding-left:72pt;text-indent:-36pt"><font style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:144%">&#9744;&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))</font></div><div style="margin-top:3pt;padding-left:72pt;padding-right:45pt;text-indent:-36pt"><font style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:144%">&#9744;&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">Definitive Proxy Statement</font></div><div style="margin-top:3pt;padding-left:72pt;padding-right:45pt;text-indent:-36pt"><font style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:144%">&#9746;&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">Definitive Additional Materials</font></div><div style="margin-top:3pt;padding-left:72pt;padding-right:45pt;text-indent:-36pt"><font style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:144%">&#9744;&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">Soliciting Material Pursuant to &#167;240.14a-12</font></div><div style="margin-top:12pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%;text-decoration:underline">ASCENT INDUSTRIES CO.</font></div><div style="margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">(Name of Registrant as Specified In Its Charter)</font></div><div style="margin-top:3pt;text-align:center"><font><br></font></div><div style="margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">(Name of Person(s) Filing Proxy Statement, if other than the Registrant)</font></div><div style="margin-top:3pt;text-align:center"><font><br></font></div><div style="margin-top:6pt;padding-right:45pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">Payment of Filing Fee (Check the appropriate box)&#58;</font></div><div style="margin-bottom:8pt;margin-top:3pt;padding-left:72pt;padding-right:45pt;text-indent:-36pt"><font style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:144%">&#9746;&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">No fee required</font></div><div style="margin-bottom:8pt;padding-left:72pt;padding-right:45pt;text-indent:-36pt"><font style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:144%">&#9744;&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11.</font></div><div style="margin-bottom:8pt;padding-left:108pt;text-indent:-36pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">1. &#160;&#160;&#160;&#160;Title of each class of securities to which transaction applies&#58; _____</font></div><div style="margin-bottom:8pt;padding-left:108pt;padding-right:45pt;text-indent:-36pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">2. &#160;&#160;&#160;&#160;Aggregate number of securities to which transaction applies&#58; _____</font></div><div style="margin-bottom:8pt;padding-left:108pt;text-indent:-36pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">3.&#160;&#160;&#160;&#160;Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined)</font></div><div style="margin-bottom:8pt;padding-left:108pt;padding-right:45pt;text-indent:-36pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">4. &#160;&#160;&#160;&#160;Proposed maximum aggregate value of transaction&#58; _____</font></div><div style="margin-bottom:8pt;padding-left:108pt;padding-right:45pt;text-indent:-36pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">5. &#160;&#160;&#160;&#160;Total fee paid&#58;</font></div><div style="margin-bottom:8pt;padding-left:72pt;padding-right:45pt;text-indent:-36pt"><font style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:144%">&#9744;&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">Fee paid previously with preliminary materials.</font></div><div style="margin-bottom:8pt;padding-left:72pt;text-indent:-36pt"><font style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:144%">&#9744;&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.</font></div><div style="margin-bottom:8pt;padding-left:108pt;padding-right:45pt;text-indent:-36pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">1. &#160;&#160;&#160;&#160;Amount Previously Paid&#58; _____</font></div><div style="margin-bottom:8pt;padding-left:108pt;padding-right:45pt;text-indent:-36pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">2. &#160;&#160;&#160;&#160;Form, Schedule or Registration Statement No.&#58; _____</font></div><div style="margin-bottom:8pt;padding-left:108pt;text-indent:-36pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">3. &#160;&#160;&#160;&#160;Filing Party&#58; _____</font></div><div style="margin-bottom:8pt;padding-left:108pt;padding-right:45pt;text-indent:-36pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">4. &#160;&#160;&#160;&#160;Date Filed&#58; _____</font></div><div><font><br></font></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><div id="i842e39f87a694b4cb93b3b44532bbd54_4"></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div style="text-align:center"><font><br></font></div></div><div style="text-align:center"><img alt="ascentlogo.jpg" src="ascentlogo.jpg" style="height:72px;margin-bottom:5pt;vertical-align:text-bottom;width:284px"></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">ASCENT INDUSTRIES CO.</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">20 N. Martingale Rd, Suite 430</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Schaumburg, Illinois 60173</font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#df3100;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">SUPPLEMENT TO THE DEFINITIVE PROXY STATEMENT</font></div><div style="text-align:center"><font style="color:#df3100;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">FOR THE ANNUAL MEETING OF SHAREHOLDERS</font></div><div style="text-align:center"><font style="color:#df3100;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">TO BE HELD ON JUNE 11, 2025</font></div><div style="text-align:center"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">This proxy statement supplement (this &#8220;Supplement&#8221;) to the definitive proxy statement of Ascent Industries Co.</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(the &#8220;Company&#8221;), filed with the Securities and Exchange Commission (the &#8220;SEC&#8221;) on April 30, 2025 (the &#8220;Proxy Statement&#8221;), is being furnished to shareholders of the Company in connection with the solicitation of proxies by the Company&#8217;s Board of Directors (the &#8220;Board&#8221;) for use at the 2025 Annual Meeting of Shareholders (the &#8220;Annual Meeting&#8221;) to be held at 9&#58;00 a.m., Eastern Time, on June 11, 2025, virtually via live webcast at </font><font style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">www.virtualshareholdermeeting.com&#47;ACNT2025</font><font style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">.</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> This Supplement is being filed with the SEC and is being made available to shareholders on or about June 4, 2025.</font></div><div><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;text-decoration:underline">Updates to the Definitive Proxy Statement</font></div><div style="text-align:center"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As disclosed in the Proxy Statement, the Audit Committee of the Board (the &#8220;Audit Committee&#8221;) approved the engagement of Moss Adams LLP as the Company&#8217;s independent registered public accounting firm for the fiscal year ending December 31, 2025.  On June 3, 2025, the Company was notified that Moss Adams LLP merged with Baker Tilly US, LLP effective on June 3, 2025. In light of the change in the Company&#8217;s auditor resulting from this merger, the disclosure under &#8220;Proposal 3&#58; Ratification of the Appointment of our Independent Registered Public Accounting Firm&#8221; is hereby supplemented as follows&#58;</font></div><div style="text-align:justify;text-indent:36pt"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On June 3, 2025, Ascent Industries Co., (the &#8220;Company&#8221;) was notified that Moss Adams LLP (&#8220;Moss Adams&#8221;), the Company&#8217;s independent registered public accounting firm, merged with Baker Tilly US, LLP effective on June 3, 2025. The combined audit practices operate as Baker Tilly US, LLP (&#8220;Baker Tilly&#8221;). In connection with the notification of the merger, Moss Adams has resigned as the auditors of the Company and the Audit Committee of the Company&#8217;s Board of Directors approved the appointment of Baker Tilly, as the successor to Moss Adams, as the Company&#8217;s independent registered public accounting firm for the fiscal year ending December 31, 2025.</font></div><div style="text-align:justify;text-indent:32.25pt"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As a result of the change in the Company&#8217;s independent registered public accounting firm, as Proposal 3, we are requesting that our shareholders ratify the appointment of Baker Tilly as our independent registered public accounting firm for the fiscal year ending December 31, 2025.</font></div><div style="text-align:justify;text-indent:32.25pt"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">A representative of Baker Tilly is expected to attend the Annual Meeting via live webcast, to have an opportunity to make a statement if desired, and to be available to respond to appropriate questions from shareholders.</font></div><div style="text-align:justify;text-indent:32.25pt"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The audit reports of Moss Adams on the Company&#8217;s consolidated financial statements for the years ended December 31, 2024 and 2023, and for each of the years then ended, and internal control over financial reporting as of December 31, 2024, did not contain an adverse opinion or a disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope or accounting principles.</font></div><div style="text-align:justify;text-indent:32.25pt"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the years ended December 31, 2024 and 2023, and the subsequent interim period through June 3, 2025, there were no (a) disagreements with Moss Adams on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which, if not resolved to Moss Adams&#8217; satisfaction, would have caused it to make reference to the subject matter of the disagreement in connection with its reports on the Company&#8217;s financial statements, or (b) reportable events requiring disclosure pursuant to Item 304(a)(1)(v) of Regulation S-K.</font></div><div style="text-align:justify;text-indent:32.25pt"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the years ended December 31, 2024 and 2023, and the subsequent interim period through the date of the Company&#8217;s filing of a Current Report on Form 8-K on June 4, 2025 (the &#8220;Auditor Change Form 8-K&#8221;) reporting the change in auditor, neither the Company, nor anyone on its behalf, consulted with Baker Tilly regarding&#58; (i) either the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company&#8217;s financial statements&#894; or (ii) any matter that was either the subject of a &#8220;disagreement,&#8221; as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions to that item, or a &#8220;reportable event,&#8221; as described in Item 304(a)(1)(v) of Regulation S-K.</font></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div style="text-align:center"><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company provided Moss Adams with a copy of the Auditor Change Form 8-K prior to its filing with the SEC and requested that Moss Adams furnish the Company with a letter addressed to the SEC stating whether it agrees with the above statements and, if it does not agree, the respects in which it does not agree. A copy of Moss Adams&#8217; letter to the SEC, dated June 3, 2025, is filed as Exhibit 16.1 to the Auditor Change Form 8-K.</font></div><div style="text-align:justify;text-indent:32.25pt"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Board of Directors unanimously recommends you vote FOR the ratification of the appointment of Baker Tilly as our independent registered public accounting firm for the fiscal year ending December 31, 2025.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In addition, all other references to the ratification of the appointment of Moss Adams as our independent registered public accounting firm in the Proxy Statement are updated to refer to the ratification of the appointment of Baker Tilly as our independent registered public accounting firm.</font></div><div style="text-align:justify;text-indent:32.25pt"><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Important Information</font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Except for the updated information regarding the change in our independent registered public accounting firm disclosed herein, this Supplement does not modify or supplement the Proxy Statement in any manner. This Supplement should be read in conjunction with the Proxy Statement and the Company&#8217;s 2024 Annual Report to Shareholders as each contains information that is important to your decisions in voting at the Annual Meeting. Additional information is contained in the Proxy Statement that was previously made available to our shareholders. If you have already voted, you do not need to vote again unless you would like to change or revoke your prior vote on any proposal. If you would like to change or revoke your prior vote on any proposal, please refer to page 3 of the Proxy Statement for instructions on how to do so.</font></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font><br></font></div></div></div></body></html>
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</DOCUMENT>
</SEC-DOCUMENT>
