---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-102246"
form_type: "8-K"
ticker: "RSSS"
cik: "0001386301"
company_name: "Research Solutions, Inc."
filed_at: "2023-09-20T23:59:59+00:00"
generated_at: "2026-06-10T11:51:28.108452+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Research Solutions settles proxy fight; founder/executive chairman Derycz departs board

## Summary
- Peter Derycz's employment terminated without cause; resigns from board and all committees effective Sept 15, 2023.
- Investor Group (5,921,930 shares) withdraws director nominations for 2023 annual meeting; agrees to standstill.
- Company to appoint new independent director mutually agreed with the Investor Group.
- Mutual general release of claims; parties agree not to disparage or initiate litigation.
- Investor Group votes with board recommendations except on extraordinary transactions; agreement expires Dec 30, 2024.

## SEC filing metadata
- accession: 0001104659-23-102246
- form_type: 8-K
- ticker: RSSS
- cik: 0001386301
- company_name: Research Solutions, Inc.
- filed_at: 2023-09-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1386301/000110465923102246/0001104659-23-102246-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1386301/000110465923102246/tm2326552d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-102246
- JSON: https://secwatch.observer/filing/0001104659-23-102246.json
- Plain text: https://secwatch.observer/filing/0001104659-23-102246.txt

## Key facts
- Executive change
  Peter Derycz was terminated as Executive Chairman of the Board at Research Solutions, Inc..
  - Action: terminated
  - Role: Executive Chairman of the Board
  source text: the Company terminated Mr. Derycz’s employment as Executive Chairman of the Board without cause. Mr. Derycz’s termination resulted in the resignation of Mr. Derycz from the Board and from all committees on which he served effective as of September 15, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1386301/000110465923102246/0001104659-23-102246-index.htm
- Material Agreements
  Research Solutions, Inc. entered into Cooperation Agreement with Peter Derycz, Bristol Investment Fund, Ltd., Bristol Capital Advisors, LLC and Paul Kessler (collectively, the "Investor Group") (effective 2023-09-15).
  - Action: entry
  - Agreement: settlement
  - Counterparty: Peter Derycz, Bristol Investment Fund, Ltd., Bristol Capital Advisors, LLC and Paul Kessler (collectively, the "Investor Group")
  - Effective: 2023-09-15
  source text: On September 15, 2023, Research Solutions, Inc. (the “Company”) entered into a Cooperation Agreement (the “Cooperation Agreement”) with Peter Derycz, Bristol Investment Fund, Ltd., Bristol Capital Advisors, LLC and Paul Kessler (collectively, the “Investor Group”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1386301/000110465923102246/0001104659-23-102246-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.