Mink Brook Asset Management LLC and affiliated entities filed Amendment No. 5 to their Schedule 13G with the SEC on October 28, 2026, disclosing beneficial ownership of 898,105 shares of Ascent Industries Co. common stock as of September 30, 2026.

Key Highlights

  • Combined beneficial ownership: Mink Brook Capital GP LLC, William Mueller, and Mink Brook Asset Management LLC each report beneficial ownership of 898,105 shares, representing 9.97% of Ascent Industries Co. common stock.
  • Fund-level breakdown: Mink Brook Partners LP holds 619,692 shares (6.88%), while Mink Brook Opportunity Fund LP holds 278,413 shares (3.09%).
  • Voting and dispositive power: All reporting persons disclose zero sole voting or dispositive power; all shares are held on a shared basis across the group.
  • Share count basis: Percentages are calculated using 9,009,453 shares of common stock outstanding as of August 4, 2026, as disclosed by Ascent Industries in a recent quarterly filing.
  • Advisory client structure: According to the filing, all reported securities "are directly owned by advisory clients of Mink Brook Asset Management LLC."
  • Event date: The date of event requiring this filing is stated as September 30, 2026.

Mink Brook Group Discloses Near-10% Position in Ascent Industries Common Stock

The five reporting persons named in this Schedule 13G amendment are Mink Brook Partners LP, Mink Brook Opportunity Fund LP, Mink Brook Capital GP LLC, Mink Brook Asset Management LLC, and William Mueller. All are organized or resident in Delaware or the United States, and all list 201 Summa Street, West Palm Beach, Florida 33405 as their principal address. Ascent Industries Co., the issuer, is headquartered at 20 N. Martingale Rd, Ste 430, Schaumburg, Illinois 60173, and the filing covers its common stock under CUSIP number 871565107. The filing did not specify an exchange and ticker in the format required to confirm a symbol from the source text itself.

According to the filing, the aggregate position of 898,105 shares reported at the GP, adviser, and individual level reflects holdings spread across two funds. Mink Brook Partners LP accounts for 619,692 of those shares, and Mink Brook Opportunity Fund LP accounts for the remaining 278,413 shares. The filing states that none of the advisory clients, other than Mink Brook Partners LP, may be deemed to beneficially own more than 5% of the common stock on their own. William Mueller is classified as a holding company and individual (HC, IN), while Mink Brook Asset Management LLC is classified as an investment adviser (IA), and Mink Brook Capital GP LLC is classified as type OO in the filing.

This is Amendment No. 5 to the group's Schedule 13G, indicating a prior series of ownership disclosures for this issuer. The triggering event date for this amendment is September 30, 2026. All shared voting and dispositive power figures reported by the three entities at the 898,105-share level are identical, consistent with the common general partner and adviser structure described in the filing.

What Was Disclosed

Mink Brook Asset Management LLC and four affiliated persons filed Amendment No. 5 to a Schedule 13G, reporting combined beneficial ownership of 898,105 shares of Ascent Industries Co. common stock, equal to 9.97% of the outstanding class, as of September 30, 2026.