American Shared Hospital Services

American Shared Hospital Services (ASHS) has entered into a Third Amendment to its Credit Agreement and Forbearance Agreement with Fifth Third Bank, extending forbearance on certain defaults until June 30, 2027, and outlining new payment and operational terms.

American Shared Hospital Services announced the resignation of its CFO, Raymond S. Frech, effective July 7, 2026, and appointed Alexis N. Tirrito as interim CFO.

American Shared Hospital Services announced the results of its annual shareholder meeting, including the election of directors and approval of its Incentive Compensation Plan.

American Shared Hospital Services disclosed that its loan parties received a notice from Fifth Third Bank asserting multiple Events of Default under their Credit Agreement, including breaches of financial covenants and failure to make timely payments.

American Shared Hospital Services reported a 15.9% increase in first-quarter 2026 revenue, driven by expansion in direct patient services, with improved operating performance and higher gross margins.

American Shared Hospital Services CEO Gary Delanois has resigned, with President Craig K. Tagawa appointed as interim CEO.

American Shared Hospital Services restates its Q3 2025 financial statements, reclassifying $8.6 million in debt to current liabilities, raising substantial doubt about its ability to continue as a going concern.

American Shared Hospital Services reports increased Q3 2025 revenue driven by direct patient services, despite a significant drop in cash and working capital.

American Shared Hospital Services reports a net loss in Q2 2025, driven by decreased leasing revenue and increased operating costs, despite growth in direct patient services.

American Shared Hospital Services (ASHS) saw revenue increase in Q1 2025, driven by direct patient services, but reported a net loss due to lower Gamma Knife and PBRT volumes and increased operating costs.

American Shared Hospital Services experienced a net loss in Q3 2024, despite a significant increase in overall revenue driven by the acquisition of Rhode Island facilities and growth in direct patient services.

American Shared Hospital Services (ASHS) saw a significant increase in net income for the second quarter of 2024, primarily due to a bargain purchase gain from the acquisition of Rhode Island cancer centers.

American Shared Hospital Services reports a net loss for 2025 and faces substantial doubt about its ability to continue as a going concern due to multiple debt covenant defaults.

American Shared Hospital Services (ASHS) reports a 32.9% increase in total revenue for 2024, primarily driven by growth in its direct patient services (retail) segment.

American Shared Hospital Services has amended several lease agreements for Gamma Knife units, including upgrades to Esprit models and Cobalt-60 reloads, extending contract terms and adjusting payment structures.

Raymond C Stachowiak, Executive Chairman, a Director and 10% owner of American Shared Hospital Services, received 220,000 shares of common stock on July 22, 2026.

Raymond C. Stachowiak, Executive Chairman and 10% owner of American Shared Hospital Services (AMS), reported significant stock transactions on June 22, 2026.

Executive Chairman Raymond C. Stachowiak was granted 100,000 restricted stock units in American Shared Hospital Services.

Raymond C. Stachowiak, Executive Chairman of American Shared Hospital Services, was granted 110,000 Restricted Stock Units, vesting in tranches through January 2026.

Craig Kenji Tagawa, President of American Shared Hospital Services, reports acquiring and disposing of common stock and restricted stock units.

Raymond Scott Frech, CFO of American Shared Hospital Services, acquired 50,000 restricted stock units on December 19, 2024.

American Shared Hospital Services announces its 2026 Annual Meeting of Shareholders to be held virtually on June 24, 2026.

American Shared Hospital Services has filed a definitive proxy statement with the SEC.

American Shared Hospital Services will hold its 2025 Annual Meeting of Shareholders on June 26, 2025, to vote on director elections, executive compensation, and the ratification of the company's accounting firm.

American Shared Hospital Services has filed a definitive proxy statement with the SEC.

American Shared Hospital Services will hold its 2024 Annual Meeting of Shareholders on June 25, 2024, to elect directors, conduct an advisory vote on executive compensation, and ratify the appointment of its independent accounting firm.

American Shared Hospital Services has issued a warrant to RCS/TIG Holdings LLC for the purchase of 220,000 shares of common stock.

Executive Chairman Raymond C. Stachowiak has increased his beneficial ownership in American Shared Hospital Services to 33.0% through recent private acquisitions and RSU vesting.

John F. Ruffle has transferred his entire stake of 410,746 shares in American Shared Hospital Services to a family foundation for charitable and estate planning purposes, ceasing beneficial ownership.

Raymond C. Stachowiak, Executive Chairman, increased his beneficial ownership in American Shared Hospital Services to 23.7% through RSU vesting and option expiration.

Anita G. Zucker and TIGH II, LLC have increased their beneficial ownership in American Shared Hospital Services to 9.1% through recent open market purchases totaling 78,351 shares.

TIGH II, LLC and Anita G. Zucker have increased their beneficial ownership in American Shared Hospital Services, acquiring an additional 176,957 shares to reach a total stake of 7.9%.