---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-139516"
form_type: "8-K"
ticker: "DSGR"
cik: "0000703604"
company_name: "Distribution Solutions Group, Inc."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T10:47:30.033599+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Distribution Solutions Group launches rights offering to raise ~$100M at $45/share, expiring May 30

## Summary
- Each share of common stock receives one transferable right to buy 0.105 shares at $45.00 per share.
- Expected aggregate proceeds of approximately $100 million; net proceeds for general corporate purposes and to fund HIS Company acquisition.
- LKCM Affiliates (77% owner) intend to fully exercise their rights and over-subscription rights.
- Rights expire at 5:00 p.m. ET on May 30, 2023; record date was May 1, 2023.
- Over-subscription right available for stockholders who fully exercise basic rights.

## SEC filing metadata
- accession: 0001193125-23-139516
- form_type: 8-K
- ticker: DSGR
- cik: 0000703604
- company_name: Distribution Solutions Group, Inc.
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/703604/000119312523139516/0001193125-23-139516-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/703604/000119312523139516/d474598d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-139516
- JSON: https://secwatch.observer/filing/0001193125-23-139516.json
- Plain text: https://secwatch.observer/filing/0001193125-23-139516.txt

## Key facts
- Material Agreements
  Distribution Solutions Group, Inc. entered into Subscription Agent Agreement with Computershare Inc. and Computershare Trust Company, N.A. (effective 2023-05-08).
  - Action: entry
  - Counterparty: Computershare Inc. and Computershare Trust Company, N.A.
  - Effective: 2023-05-08
  source text: On May 8, 2023, Distribution Solutions Group, Inc. (the “Company”) entered into a Subscription Agent Agreement (the “Subscription Agent Agreement”) with Computershare Inc. and Computershare Trust Company, N.A. (both, the “Subscription Agent”), pursuant to which the Company engaged the Subscription Agent as the subscription agent in connection with a proposed rights offering
  evidence_url: https://www.sec.gov/Archives/edgar/data/703604/000119312523139516/0001193125-23-139516-index.htm

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