---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-237890"
form_type: "8-K"
ticker: "DFIN"
cik: "0001669811"
company_name: "Donnelley Financial Solutions, Inc."
filed_at: "2022-09-02T23:59:59+00:00"
generated_at: "2026-06-23T16:36:53.526984+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# DFIN sells Phoenix property for $13M; buyer has up to 300 days for entitlements

## Summary
- Sale price $13M; buyer pays $250K initial deposit, additional $300K after due diligence.
- Buyer has 90-day due diligence; if not terminated, deposit released to DFIN in tranches.
- After due diligence, buyer has up to 300 days to obtain entitlements for mixed-use building; can extend 30 days for $100K.
- Closing expected by Oct 24, 2023, or Nov 23, 2023 if extended; buyer pays $25K non-refundable commitment fee.
- If buyer defaults after due diligence, full deposit kept as liquidated damages; seller default limited to deposit plus up to $75K costs.

## SEC filing metadata
- accession: 0001193125-22-237890
- form_type: 8-K
- ticker: DFIN
- cik: 0001669811
- company_name: Donnelley Financial Solutions, Inc.
- filed_at: 2022-09-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1669811/000119312522237890/0001193125-22-237890-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1669811/000119312522237890/d393145d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-237890
- JSON: https://secwatch.observer/filing/0001193125-22-237890.json
- Plain text: https://secwatch.observer/filing/0001193125-22-237890.txt

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