# EDGAR Filing Document

**Accession Number:** 0000005981
**File Stem:** 0000000000-25-009186
**Filing Date:** 2025-8
**Character Count:** 6084
**Document Hash:** aca9735568dd3669f038d1c670b82f30
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-25-009186.hdr.sgml**: 20260428

**ACCESSION NUMBER**: 0000000000-25-009186

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250827

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMERICAN VANGUARD CORP
- **CENTRAL INDEX KEY:** 0000005981
- **STANDARD INDUSTRIAL CLASSIFICATION:** AGRICULTURE CHEMICALS [2870]
- **ORGANIZATION NAME:** 08 Industrial Applications and Services
- **EIN:** 952588080
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** UPLOAD
- **SEC FILE NUMBER:** 001-13795

**BUSINESS ADDRESS:**
- **STREET 1:** 4695 MACARTHUR COURT
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660
- **BUSINESS PHONE:** 949-260-1200

**MAIL ADDRESS:**
- **STREET 1:** 4695 MACARTHUR COURT
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AEROCON INC
- **DATE OF NAME CHANGE:** 19720620
**PUBLIC REFERENCE ACCESSION NUMBER**: 0000950170-25-078615

## Text-Extract

```

                                                            August 27, 2025

David Johnson
Chief Financial Officer
AMERICAN VANGUARD CORP
4695 MacArthur Court
Newport Beach, CA 92660

       Re: AMERICAN VANGUARD CORP
           Form 10-K filed May 29, 2025
           Form 8-K filed March 14, 2025
           File No. 001-13795
Dear David Johnson:

         We have reviewed your filing and have the following comments. Please
respond to
this letter within ten business days by providing the requested information or
advise us as
soon as possible when you will respond. If you do not believe a comment applies
to your
facts and circumstances, please tell us why in your response. After reviewing
your response
to this letter, we may have additional comments.

Form 10-K filed May 29, 2025
Results of Operations, page 22

1.     Given the material impact of transformation expenses on your 2024
operating results,
       please disaggregate the material components of this expense category.
The expanded
       disclosure should clarify why these costs are characterized on page 21
as non-
       recurring. In this regard, it appears that this category includes
expenses for
       compensation, strategic planning and information system upgrades that
would appear
       to constitute normal and recurring cash operating expenses that are
necessary to
       operate your business.
Liquidity and Capital Resources, page 24

2.     Please disclose whether the Adjusted EBITDA amounts provided in your
Forms 8-K
       can be used to assess your compliance with the minimum year-to-date
consolidated
       EBITDA financial debt covenants referenced on page 27. In this regard,
it is not clear
       whether the measures are equivalent.
Critical Accounting Estimates, page 27

3.     If material, please expand your disclosure to address any intangible
assets
 August 27, 2025
Page 2

       corresponding to your operations in countries for which you have
recorded a full
       deferred tax asset valuation allowance. Based on the existing
disclosure, it is not clear
       whether such intangible assets are material or whether the associated
recoverability
       estimates are impacted by known adverse facts and circumstances.
Major Customers, page 56

4.     It is not clear whether the revenues corresponding to any individual
countries in your
       South and Central America category should be separately disclosed
pursuant to ASC
       280-10-50-41. Please tell us the three countries that primarily comprise
the December
       31, 2024 South and Central America revenue amount and quantify each
country's
       revenue. Tell us also the three countries that comprise the largest
components of the
       2024 international intangible assets balance on page 59 and quantify the
       corresponding asset balances. In addressing your consideration of the
disclosure
       guidance, please include a substantive analysis of the extent to which
the sales growth
       and profit margins of your operations in the individual countries
materially differ from
       your consolidated operating results. For example, the disclosure on page
53 infers
       continuing adverse operating results in your Brazilian operations, but
the magnitude
       of those operations and the carrying value of any assets at risk do not
appear to be
       disclosed either in the financial statements or in MD&A.
Form 8-K filed March 14, 2025
Exhibit 99.1, page 1

5.     Please clarify for us how you considered the guidance in Item
10(e)(1)(i) of
       Regulation S-K when excluding an estimate of the most directly
comparable GAAP
       performance measure from your disclosure. It is also not clear why a
reconciliation
       between Adjusted EBITDA and the comparable GAAP measure was omitted.
Further,
       it does not appear that you have disclosed the reasons why you believe
that Adjusted
       EBITDA provides useful information to investors. Additionally, it is not
clear whether
       you use the non-GAAP financial measure for additional purposes. See
Instruction 2 to
       Item 2.02 of Form 8-K.
6.     Please tell us the extent to which your final fiscal 2024 Adjusted
EBITDA results
       differed from your $42m preliminary estimate.
        We remind you that the company and its management are responsible for
the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action
or absence
of action by the staff. Please contact Al Pavot at 202-551-3738 or Terence
O'Brien at 202-
551-3355 if you have questions.

                                                             Sincerely,

                                                             Division of
Corporation Finance
                                                             Office of
Industrial Applications and
                                                             Services

```

### Attached PDF Documents

**Attachment 1:** `filename1`

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