SC 13G/A: Designer Brands Inc.
Ticker: DBI · Form: SC 13G/A · Filed: Dec 12, 2024 · CIK: 1319947
Sentiment: neutral
Topics: sc-13g-a
AI Summary
SC 13G/A filing by Designer Brands Inc..
Risk Assessment
Risk Level: low
Filing Stats: 1,683 words · 7 min read · ~6 pages · Grade level 8.1 · Accepted 2024-12-12 18:00:14
Filing Documents
- d838093dsc13ga.htm (SC 13G/A) — 74KB
- 0001193125-24-277398.txt ( ) — 75KB
From the Filing
SC 13G/A 1 d838093dsc13ga.htm SC 13G/A SC 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 2)* Designer Brands Inc. (Name of Issuer) Class A Common Shares, without par value (Title of Class of Securities) 250565108 (CUSIP Number) December 10, 2024 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications: Kellie L. Bobo, Esq. Haynes and Boone, LLP 98 San Jacinto Boulevard, Suite 1500 Austin, Texas 78701 (512) 867-8411 CUSIP No. 250565108 1. Names of Reporting Persons. Stone House Capital Management, LLC 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a)(b) 3. SEC Use Only 4. Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With: 5. Sole Voting Power 0 6. Shared Voting Power 5,000,000 (1) 7. Sole Dispositive Power 0 8. Shared Dispositive Power 5,000,000 (1) 9. Aggregate Amount Beneficially Owned by Each Reporting Person 5,000,000 (1) 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) 11. Percent of Class Represented by Amount in Row (9) 12.4% (1) 12. Type of Reporting Person (See Instructions) OO, IA (1) Based upon 40,195,442 shares of Common Stock outstanding as of December 3, 2024, as disclosed in the Issuers quarterly report on Form 10-Q for the quarterly period ended November 2, 2024, filed on December 10, 2024 by the Issuer with the U.S. Securities and Exchange Commission. CUSIP No. 250565108 1. Names of Reporting Persons. SH Capital Partners, L.P. 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a)(b) 3. SEC Use Only 4. Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With: 5. Sole Voting Power 0 6. Shared Voting Power 5,000,000 (1) 7. Sole Dispositive Power 0 8. Shared Dispositive Power 5,000,000 (1) 9. Aggregate Amount Beneficially Owned by Each Reporting Person 5,000,000 (1) 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) 11. Percent of Class Represented by Amount in Row (9) 12.4% (1) 12. Type of Reporting Person (See Instructions) PN (1) Based upon 40,195,442 shares of Common Stock outstanding as of December 3, 2024, as disclosed in the Issuers quarterly report on Form 10-Q for the quarterly period ended November 2, 2024, filed on December 10, 2024 by the Issuer with the U.S. Securities and Exchange Commission. CUSIP No. 250565108 1. Names of Reporting Persons. Mark Cohen 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a)(b) 3. SEC Use Only 4. Citizenship or Place of Organization United Number of Shares Beneficially Owned by Each Reporting Person With: 5. Sole Voting Power 0 6. Shared Voting Power 5,000,000 (1) 7. Sole Dispositive Power 0 8. Shared Dispositive Power 5,000,000 (1) 9. Aggregate Amount Beneficially Owned by Each Reporting Person 5,000,000 (1) 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) 11. Percent of Class Represented by Amount in Row (9) 12.4% (1) 12. Type of Reporting Person (See Instructions) IN, HC (1) Based upon 40,195,442 shares of Common Stock outstanding as of December 3, 2024, as disclosed in the Issuers quarterly report on Form 10-Q for the quarterly period ended November 2, 2024, filed on December 10, 2024 by the Issuer with the U.S. Securities and Exchange Commission. Item1. (a) Name of Issuer Designer Brands Inc. (the Issuer ) (b) Address of Issuers Principal Executive Offices 810 DSW Drive, Columbus, Ohio, 43219 Item2. (a) Name of Person Filing This statement is jointly filed by and on behalf of each of Stone House Capital Management, LLC ( Stone House ), SH Capital Partners, L.P. ( Partners ), and Mark Cohen. Partners is the record and direct beneficial owner of the securities covered by th