secwatch.observer — SEC 8-K summary
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Issuer:     Distribution Solutions Group, Inc. (DSGR)
CIK:        0000703604
Form:       8-K
Filed at:   2023-05-08T23:59:59+00:00
Accession:  0001193125-23-138442
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.55
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DSGR provides Hisco FY2022 audited financials: $403.7M sales, $7.8M net income, $156.6M assets
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- Hisco FY2022 net sales $403.7M, net income $7.8M; FY2021 net sales $352.9M, net income $12.2M (incl $7.7M PPP gain).
- DSGR files Hisco audited financials (Ex-99.1) and unaudited pro forma combined statements (Ex-99.2) for subscription rights offering.
- Acquisition of Hisco by DSGR previously announced March 31, 2023; deal value not specified in filing.
- Hisco FY2022 total assets $156.6M, stockholders' equity $89.7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/703604/000119312523138442/0001193125-23-138442-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/703604/000119312523138442/d447952d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-138442

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