Company: ZEUS
Filing Date: 2025-05-05
Form Type: S-3
Source: 0001437749-25-014524
Chunk: 18

Company: OLYMPIC STEEL INC
Filing Date: 2025-05-05
Form: S-3
Chunk 18
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 you can obtain a copy of any subscription rights certificate, see “Where You Can Find More Information.”

The applicable prospectus supplement relating to any subscription rights will describe the terms of the offered subscription rights, including, where applicable, the following:

| ● | the exercise price for the subscription rights; |

| ● | the number of subscription rights issued to each shareholder; |

| ● | the extent to which the subscription rights are transferable; |

| ● | any other terms of the subscription rights, including terms, procedures and limitations relating to the exchange and exercise of the subscription rights; |

| ● | the date on which the right to exercise the subscription rights will commence and the date on which the right will expire; |

<div align='center'>11</div>

| ● | the extent to which the subscription rights include an over-subscription privilege with respect to unsubscribed securities; and |

| ● | the material terms of any standby underwriting arrangement entered into by us in connection with the subscription rights offering. |

<div align='center'>Description of Debt Securities</div>

The following description sets forth certain general terms and provisions of the debt securities that we may issue, which may be issued as convertible or exchangeable debt securities. We will set forth the particular terms of the debt securities we offer in a prospectus supplement and the extent, if any, to which the following general terms and provisions will apply to particular debt securities.

The debt securities will be issued under an indenture to be entered into between us and a trustee to be named in a prospectus supplement. The indenture, and any supplemental indentures thereto, will be subject to, and governed by, the Trust Indenture Act of 1939, as amended. The following description of general terms and provisions relating to the debt securities and the indenture under which the debt securities will be issued is a summary only and therefore is not complete and is subject to, and qualified in its entirety by reference to, the terms and provisions of the indenture. The form of the indenture has been filed with the SEC as an exhibit to the registration statement, of which this prospectus forms a part, and you should read the indenture for provisions that may be important to you. For more information on how you can obtain a copy of the form of the indenture, see “Where You Can Find More Information.”

Capitalized terms used in this section and not defined herein have the meanings specified in the indenture. When we refer to “Olympic Steel,” “we,”