SYNALLOY CORPORATION (NASDAQ:SYNL) Files An 8-K Regulation FD Disclosure

On June 19, 2019, Synalloy Corporation (the “Company”) issued a press release to announce updated full year 2019 guidance. Additionally, the Company announced in the press release that the Executive Committee of its Board of Directors, acting on behalf of the Board of Directors, has been in contact with representatives from Privet Fund Management LLC (“Privet Fund”) since the letter from the Company to Privet Fund dated May 29, 2019. In those conversations, Privet Fund requested additional due diligence information, which the Company plans to provide to Privet Fund in a data room on or before June 21, 2019. A copy of the press release is attached hereto as Exhibit 99.1.

The information in this Current Report on Form 8-K, including the attached exhibit, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

(d) Exhibits

99.1 Press Release dated June 19, 2019

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SYNALLOY CORP Exhibit
EX-99.1 2 synl-2019619guidancex991.htm EXHIBIT 99.1 Exhibit Exhibit 99.1Synalloy Updates Full Year 2019 GuidanceRICHMOND,…
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About SYNALLOY CORPORATION (NASDAQ:SYNL)

Synalloy Corporation is a chemical manufacturing company. The Company operates through two segments: the Metals Segment and the Specialty Chemicals Segment. The Company’s Metals Segment comprises three subsidiaries: Synalloy Metals, Inc., which owns Bristol Metals, LLC (BRISMET), located in Bristol, Tennessee; Palmer of Texas Tanks, Inc. (Palmer), located in Andrews, Texas; and Specialty Pipe & Tube, Inc. (Specialty), located in Mineral Ridge, Ohio and Houston, Texas. The Company’s Metals Segment manufactures stainless steel, other alloy pipe, storage solutions and separation equipment. The Company’s Specialty Chemicals segment consists of the Company’s subsidiary, Manufacturers Soap and Chemical Company (MS&C). The Specialty Chemicals Segment manufactures lubricants, surfactants, reaction intermediaries, sulfated fats and oils, and chemical tolling manufacturing resources.