---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-029051"
form_type: "8-K"
ticker: "PLOW"
cik: "0001287213"
company_name: "DOUGLAS DYNAMICS, INC"
filed_at: "2024-09-12T23:59:59+00:00"
generated_at: "2026-05-31T05:10:27.017655+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Douglas Dynamics completes $62.4M sale-leaseback of seven facilities; net proceeds ~$50M

## Summary
- Gross proceeds of $62.4M from sale of 7 facilities (~780K sq ft) to TPG Angelo Gordon affiliate.
- Net proceeds expected ~$50M after expenses and taxes; used to reduce term loan debt and for corporate purposes.
- Initial lease term 15 years with two 10-year renewal options; first-year rent $4.75M with 3% annual escalation.
- Properties located in IL, IA, ME, MI, WI; company guaranteed lease obligations under the agreement.

## SEC filing metadata
- accession: 0001437749-24-029051
- form_type: 8-K
- ticker: PLOW
- cik: 0001287213
- company_name: DOUGLAS DYNAMICS, INC
- filed_at: 2024-09-12T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1287213/000143774924029051/0001437749-24-029051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1287213/000143774924029051/plow20240911_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-029051
- JSON: https://secwatch.observer/filing/0001437749-24-029051.json
- Plain text: https://secwatch.observer/filing/0001437749-24-029051.txt

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