# OLYMPIC STEEL INC — merger/definitive [completed]
Source: SEC API (secapi.ai) · situation sit_c9929b3407434b382bb3 · retrieved 2026-08-11T16:10:44.167Z

## Overview
Ryerson Holding Corporation is a leading value-added processor and distributor of industrial metals with operations in the United States, Canada, Mexico, and China, operating approximately 106 locations with around 4,300 employees.

Ryerson Holding Corporation and Olympic Steel, Inc. held special shareholder meetings on February 12, 2026, and approved the merger contemplated by the Merger Agreement dated October 28, 2025. Under the merger terms, Olympic Steel shareholders will receive 1.7105 shares of Ryerson common stock per share of Olympic Steel common stock. The merger is expected to close on February 13, 2026, subject to satisfaction of remaining customary closing conditions, after which Olympic Steel will cease trading on NASDAQ and become a wholly owned subsidiary of Ryerson.

## Terms
- Counterparty: Olympic Steel, Inc. · Consideration: stock · Stake: 37% · Price/share: $1.7105

## Key dates
- Announced 2026-01-14 · Record 2026-01-09 · Vote 2026-02-12 · Expiry 2026-04-28 · Expected close 2026-02-13 · Completed 2026-02-13

## Timeline
- 2026-01-14 · DEFM14A (0001193125-26-012952): DEFM14A - OLYMPIC STEEL INC — *Olympic Steel, Inc. is a leading metals service center focused on the direct sale and value-added processing of carbon and coated sheet, plate and coil products; stainless steel sheet, plate, bar and coil; aluminum sheet, plate and coil; pipe, tube, bar, valves and fittings, tin plate and metal-intensive end-use products.* On October 28, 2025, Ryerson Holding Corporation, through its wholly owned subsidiary Crimson MS Corp., entered into an Agreement and Plan of Merger with Olympic Steel, Inc. Under the fixed exchange ratio of 1.7105 shares of Ryerson common stock for each share of Olympic Steel common stock, Olympic Steel shareholders will receive merger consideration with cash paid in lieu of fractional shares. Upon completion, Olympic Steel will become a wholly owned subsidiary of Ryerson, with Ryerson stockholders owning approximately 63.0% and Olympic Steel shareholders owning approximately 37.0% of the combined company on a fully diluted basis. The transaction is expected to close in early 2026, subject to customary closing conditions including stockholder approvals and regulatory clearances.
  https://www.sec.gov/Archives/edgar/data/917470/0001193125-26-012952.txt
- 2026-02-02 · 425 (0001193125-26-033860): 425 - OLYMPIC STEEL INC — *Olympic Steel, Inc. is a wholesale metals service center and office operator engaged in the distribution and processing of steel and other metals products.* Olympic Steel, Inc. entered into an Agreement and Plan of Merger with Ryerson Holding Corporation and its wholly owned subsidiary Crimson MS Corp. on October 28, 2025. Under the Merger Agreement, Crimson MS Corp. will merge with and into Olympic Steel, with Olympic Steel continuing as the surviving corporation and a wholly owned subsidiary of Ryerson. A special meeting of Olympic Steel shareholders is scheduled for February 12, 2026, at 9:30 a.m. Eastern Time to vote on the Merger. The filing also discloses that two shareholder complaints challenging disclosure adequacy were filed in New York Supreme Court, but the Company and Ryerson deny the allegations and have voluntarily supplemented the Joint Proxy Statement/Prospectus to eliminate litigation burden and avoid potential delay to the Merger.
  https://www.sec.gov/Archives/edgar/data/917470/0001193125-26-033860.txt
- 2026-02-12 · 425 (0001193125-26-048699): 425 - OLYMPIC STEEL INC — *Ryerson Holding Corporation is a leading value-added processor and distributor of industrial metals with operations in the United States, Canada, Mexico, and China, operating approximately 106 locations with around 4,300 employees.* Ryerson Holding Corporation and Olympic Steel, Inc. held special shareholder meetings on February 12, 2026, and approved the merger contemplated by the Merger Agreement dated October 28, 2025. Under the merger terms, Olympic Steel shareholders will receive 1.7105 shares of Ryerson common stock per share of Olympic Steel common stock. The merger is expected to close on February 13, 2026, subject to satisfaction of remaining customary closing conditions, after which Olympic Steel will cease trading on NASDAQ and become a wholly owned subsidiary of Ryerson.
  https://www.sec.gov/Archives/edgar/data/917470/0001193125-26-048699.txt
- 2026-02-13 · 8-K (0001193125-26-051373): 8-K 8-K
  https://www.sec.gov/Archives/edgar/data/917470/000119312526051373/d37005d8k.htm

## Citations
- 0001193125-26-012952 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526012952
- 0001193125-26-033860 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526033860
- 0001193125-26-048699 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526048699
- 0001193125-26-051373 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526051373