--- schema_version: "secwatch.filing_event.v1" accession: "0001213900-24-059532" form_type: "8-K" ticker: null cik: "0001505611" company_name: "DecisionPoint Systems, Inc." filed_at: "2024-07-05T23:59:59+00:00" generated_at: "2026-05-31T23:20:21.028353+00:00" event_type: "m_and_a" sentiment: "neutral" materiality_score: 0.9 calibrated_materiality_score: 0.9 confidence: "high" source: SEC EDGAR --- # DecisionPoint Systems acquired by Barcoding Derby Buyer for $10.22 per share, delisted from NYSE American ## Summary - Merger completed July 5, 2024; each share converted into $10.22 cash, no interest. - All outstanding stock options and RSUs cashed out based on excess over exercise price or full value. - Trading of DPSI common stock suspended before open on July 5; delisting from NYSE American requested. - Six directors resigned; Robert Newbold, Micheal Stewart, and Steve Smith appointed as directors. - Loan agreement with MUFG Union Bank terminated and all debt repaid. ## SEC filing metadata - accession: 0001213900-24-059532 - form_type: 8-K - cik: 0001505611 - company_name: DecisionPoint Systems, Inc. - filed_at: 2024-07-05T23:59:59+00:00 - event_type: m_and_a - sentiment: neutral - materiality_score: 0.9 - calibrated_materiality_score: 0.9 - confidence: high - sec_items: 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1505611/000121390024059532/0001213900-24-059532-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1505611/000121390024059532/ea0209011-8k_decision.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001213900-24-059532 - JSON: https://secwatch.observer/filing/0001213900-24-059532.json - Plain text: https://secwatch.observer/filing/0001213900-24-059532.txt ## Key facts - Executive change Stanley P. Jaworski resigned as director at DecisionPoint Systems, Inc.. - Action: resigned - Role: director source text: each of the Company’s directors immediately prior to the Effective Time (Stanley P. Jaworski, Steve Smith, William Cooke, Richard Bravman, Michael N. Taglich and John Guttilla) resigned as directors of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1505611/000121390024059532/0001213900-24-059532-index.htm - Executive change Richard Bravman resigned as director at DecisionPoint Systems, Inc.. - Action: resigned - Role: director source text: each of the Company’s directors immediately prior to the Effective Time (Stanley P. Jaworski, Steve Smith, William Cooke, Richard Bravman, Michael N. Taglich and John Guttilla) resigned as directors of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1505611/000121390024059532/0001213900-24-059532-index.htm - Executive change John Guttilla resigned as director at DecisionPoint Systems, Inc.. - Action: resigned - Role: director source text: each of the Company’s directors immediately prior to the Effective Time (Stanley P. Jaworski, Steve Smith, William Cooke, Richard Bravman, Michael N. Taglich and John Guttilla) resigned as directors of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1505611/000121390024059532/0001213900-24-059532-index.htm - Executive change Steve Smith resigned as director at DecisionPoint Systems, Inc.. - Action: resigned - Role: director source text: each of the Company’s directors immediately prior to the Effective Time (Stanley P. Jaworski, Steve Smith, William Cooke, Richard Bravman, Michael N. Taglich and John Guttilla) resigned as directors of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1505611/000121390024059532/0001213900-24-059532-index.htm - Executive change Michael N. Taglich resigned as director at DecisionPoint Systems, Inc.. - Action: resigned - Role: director source text: each of the Company’s directors immediately prior to the Effective Time (Stanley P. Jaworski, Steve Smith, William Cooke, Richard Bravman, Michael N. Taglich and John Guttilla) resigned as directors of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1505611/000121390024059532/0001213900-24-059532-index.htm - Executive change William Cooke resigned as director at DecisionPoint Systems, Inc.. - Action: resigned - Role: director source text: each of the Company’s directors immediately prior to the Effective Time (Stanley P. Jaworski, Steve Smith, William Cooke, Richard Bravman, Michael N. Taglich and John Guttilla) resigned as directors of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1505611/000121390024059532/0001213900-24-059532-index.htm - Executive change Micheal Stewart was appointed as director at DecisionPoint Systems, Inc.. - Action: appointed - Role: director source text: At the Effective Time, Robert Newbold, Micheal Stewart and Steve Smith were appointed as directors of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1505611/000121390024059532/0001213900-24-059532-index.htm - Executive change Steve Smith was appointed as director at DecisionPoint Systems, Inc.. - Action: appointed - Role: director source text: At the Effective Time, Robert Newbold, Micheal Stewart and Steve Smith were appointed as directors of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1505611/000121390024059532/0001213900-24-059532-index.htm - Executive change Robert Newbold was appointed as director at DecisionPoint Systems, Inc.. - Action: appointed - Role: director source text: At the Effective Time, Robert Newbold, Micheal Stewart and Steve Smith were appointed as directors of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1505611/000121390024059532/0001213900-24-059532-index.htm - M&A Transactions DecisionPoint Systems, Inc. underwent a change of control involving Barcoding Derby Buyer, Inc. (closed 2024-07-05). - Action: change of control - Counterparty: Barcoding Derby Buyer, Inc. - Closing: 2024-07-05 source text: On July 5, 2024 (the "Closing Date"), Derby Merger Sub, Inc. ("MergerCo"), a Delaware corporation and wholly owned subsidiary of Barcoding Derby Buyer, Inc., a Delaware corporation ("Parent"), merged with and into DecisionPoint Systems, Inc., a Delaware corporation (the "Company"), with the Company continuing as the surviving corporation (the "Merger"), pursuant to the previously announced Agreement and Plan of Merger, dated April 30, 2024 (as it may be amended from time to time, the "Merger Agreement"), by and among the Company, MergerCo and Parent. As a result of the Merger, the Company became a wholly owned subsidiary of Parent. evidence_url: https://www.sec.gov/Archives/edgar/data/1505611/000121390024059532/0001213900-24-059532-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.