The increase to 9.97% approaches the 10% threshold, which would trigger additional disclosure requirements. Monitor for any future conversion to a Schedule 13D if the investor's intent shifts from passive to activist.
Price Chart
Executive Summary
Mink Brook Partners LP filed Amendment No. 5 to its Schedule 13G, disclosing aggregate beneficial ownership of 898,105 shares (9.97%) of Ascent Industries Co. as of September 30, 2026. This is an increase from the prior filing's 6.9% stake held by Mink Brook Partners LP directly, with the overall group now reporting 9.97% through Mink Brook Capital GP LLC, William Mueller, and Mink Brook Asset Management LLC. The filing confirms passive intent under Rule 13d-1(c).
Key Financial Metrics
Key Facts
- Mink Brook Partners LP and related entities now beneficially own 898,105 shares, or 9.97% of Ascent Industries Co. common stock.
- The stake increased from 6.9% (619,692 shares) reported in the prior Amendment No. 4 filed April 2026.
- Shares are held directly by Mink Brook Partners LP (619,692 shares, 6.88%) and Mink Brook Opportunity Fund LP (278,413 shares, 3.09%), with Mink Brook Capital GP LLC, William Mueller, and Mink Brook Asset Management LLC each deemed to beneficially own the aggregate 898,105 shares (9.97%).
- The filing certifies passive investment intent under Rule 13d-1(c), with no purpose of changing or influencing control.
- The percentage is based on 9,009,453 shares outstanding as of August 4, 2026, per Ascent Industries' recent 10-Q.
Financial Impact
No direct financial impact; passive stake increase of approximately 278,413 shares (from 6.9% to 9.97%) with no stated transaction price or value.
Risk Factors
- The filing certifies passive intent; any future activist activity would require conversion to Schedule 13D, which could signal a change in strategy.
- A stake above 10% would trigger additional reporting obligations under Section 16.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| SC 13G/A Filing (Primary) | 0001437749-26-033801 |
| Document: 0001437749-26-033801-index.html | 0001437749-26-033801 |
| Document: 0001437749-26-033801.txt | 0001437749-26-033801 |
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Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 30, 2026 today | 144 | $14.12 | awaiting T+20 | awaiting T+20 | $13.75 (−2.62%) |
Oct 28, 2026 2d ago | SC 13G/A | $13.80 | awaiting T+20 | awaiting T+20 | $13.75 (−0.36%) |
Aug 26, 2026 9w ago | 8-K | $15.45 $14.58 | ▼ −5.63% | ▼ −6.83% | $13.75 (−11.00%) |
Aug 8, 2026 11w ago | Institutional Cluster | $15.60 $15.00 | ▲ +3.85% | ▲ +2.93% | $13.75 (+11.86%) |
Jul 21, 2026 14w ago | 8-K | $15.15 $15.12 | ▼ −0.20% | ▼ −2.76% | $13.75 (−9.24%) |
Jun 29, 2026 17w ago | 8-K | $14.49 $15.13 | ▲ +4.38% | ▲ +4.66% | $13.75 (−5.11%) |
May 6, 2026 25w ago | 8-K | $13.39 $13.52 | ▲ +0.97% | ▼ −2.17% | $13.75 (+2.69%) |
US Market Status
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