secwatch.observer — SEC 8-K summary
======================================

Issuer:     Distribution Solutions Group, Inc. (DSGR)
CIK:        0000703604
Form:       8-K
Filed at:   2023-04-21T23:59:59+00:00
Accession:  0001193125-23-110093
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DSGR sets May 1 record date for $100M rights offering to fund Hisco acquisition
-------------------------------------------------------------------------------

- Record date for proposed rights offering fixed as May 1, 2023.
- Intends to raise up to $100M in gross proceeds via rights offering.
- Net proceeds will fund acquisition of Hisco, combined with credit facility.
- Rights offering made under existing S-3 shelf registration statement.
- Rights offering record date announced for holders of common stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/703604/000119312523110093/0001193125-23-110093-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/703604/000119312523110093/d458431d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-110093

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer