Distribution Solutions Group Enters Material Definitive Agreement

TL;DR

DSG just signed a big deal, filing shows.

AI Summary

On August 14, 2024, Distribution Solutions Group, Inc. entered into a Material Definitive Agreement. The company, formerly known as Lawson Products Inc., is incorporated in Delaware and headquartered in Fort Worth, Texas.

Why It Matters

This filing indicates a significant new agreement for Distribution Solutions Group, which could impact its future operations and financial performance.

Risk Assessment

Risk Level: medium — Entering into a material definitive agreement can introduce new risks and opportunities that are not yet fully understood.

Key Players & Entities

• Distribution Solutions Group, Inc. (company) — Registrant
• Lawson Products Inc (company) — Former company name
• August 14, 2024 (date) — Date of earliest event reported
• August 16, 2024 (date) — Date of report
• Fort Worth, Texas (location) — Principal Executive Offices

FAQ

Key Financial Figures

• $1.00 — nge on Which Registered Common Stock, $1.00 par value DSGR The Nasdaq Stock Mar
• $200 million — t. The Third Amendment provides for a $200 million Incremental Term Loan (the " Third Amen
• $255 million — Credit Agreement) from $200 million to $255 million. In addition, the Amended and Restated
• $300 million — Third Amendment Effective Date by up to $300 million in the aggregate, subject to, among oth
• $2,500,000 — ecember 31, 2024) in an amount equal to $2,500,000. The Company is also required to prepay

Filing Documents

• d885541d8k.htm (8-K) — 41KB
• d885541dex101.htm (EX-10.1) — 1148KB
• d885541dex991.htm (EX-99.1) — 11KB
• g885541dsp21.jpg (GRAPHIC) — 8KB
• g885541g0816110545086.jpg (GRAPHIC) — 5KB
• 0001193125-24-202196.txt ( ) — 1623KB
• dsgr-20240814.xsd (EX-101.SCH) — 3KB
• dsgr-20240814_lab.xml (EX-101.LAB) — 18KB
• dsgr-20240814_pre.xml (EX-101.PRE) — 11KB
• d885541d8k_htm.xml (XML) — 4KB

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. The following documents have been filed as exhibits to this report, except for Exhibit 99.1 which has been furnished as an exhibit to this report, and are incorporated by reference herein as described above. Exhibit No. Exhibit Description 10.1* Third Amendment to Amended and Restated Credit Agreement, dated as of August 14, 2024, by and among Distribution Solutions Group, Inc., the subsidiaries of Distribution Solutions Group, Inc. party thereto, the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent. 99.1 Press Release issued by the Company on August 15, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) * Certain schedules and exhibits omitted pursuant to Item 601(a)(5) of Regulation S-K promulgated by the U.S. Securities and Exchange Commission. The Company agrees to furnish supplementally a copy of any omitted schedule or exhibit to the SEC upon request.

Forward-Looking Statements

Forward-Looking Statements This Current Report on Form 8-K contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the "safe harbor" provisions under the Private Securities Litigation Reform Act of 1995, that involve risks and uncertainties. The terms "aim," "anticipate," "believe," "contemplates," "continues," "could," "ensure," "estimate," "expect," "forecasts," "if," "intend," "likely," "may," "might," "objective," "outlook," "plan," "positioned," "potential," "predict," "probable," "project," "shall," "should," "strategy," "will," "would," and variations of them and other words and terms of similar meaning and expression (and the negatives of such words and terms) are intended to identify forward-looking statements. Forward-looking statements can also be identified by the fact that they do not relate strictly to historical or current facts. Such forward-looking statements are based on current expectations and involve inherent risks, uncertainties and assumptions, including factors that could delay, divert or change any of them, and could cause actual outcomes to differ materially from current expectations. The Company can give no assurance that any goal or plan set forth in forward-looking statements can be achieved and the Company cautions readers not to place undue reliance on such statements. The Company undertakes no obligation to release publicly any revisions to forward-looking statements as a result of new information, future events or otherwise. Each forward-looking statement speaks only as of the date on which such statement is made, and the Company undertakes no obligation to update any such statement to reflect information, events or circumstances arising after such date. Actual results may differ materially from those projected as a result of certain risks and uncertainties. Factors that could cause or contribute to such di

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DISTRIBUTION SOLUTIONS GROUP, INC. Date: August 16, 2024 By: /s/ Ronald J. Knutson Name: Ronald J. Knutson Title: Executive Vice President and Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR