# EDGAR Filing Document

**Accession Number:** 0000703604
**File Stem:** 0001193125-23-075727
**Filing Date:** 2023-3
**Character Count:** 7540
**Document Hash:** 2460662be24082a47b6af96c950f0d1e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-23-075727.hdr.sgml**: 20230321

**ACCESSION NUMBER**: 0001193125-23-075727

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 12

**CONFORMED PERIOD OF REPORT**: 20230320

**ITEM INFORMATION**: Unregistered Sales of Equity Securities

**ITEM INFORMATION**: Other Events

**FILED AS OF DATE**: 20230321

**DATE AS OF CHANGE**: 20230321

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Distribution Solutions Group, Inc.
- **CENTRAL INDEX KEY:** 0000703604
- **STANDARD INDUSTRIAL CLASSIFICATION:** WHOLESALE-MACHINERY, EQUIPMENT & SUPPLIES [5080]
- **IRS NUMBER:** 362229304
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-10546
- **FILM NUMBER:** 23749701

**BUSINESS ADDRESS:**
- **STREET 1:** 8770 WEST BRYN MAWR AVENUE
- **STREET 2:** SUITE 900
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60631
- **BUSINESS PHONE:** 773-304-5220

**MAIL ADDRESS:**
- **STREET 1:** 8770 WEST BRYN MAWR AVENUE
- **STREET 2:** SUITE 900
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60631

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LAWSON PRODUCTS INC/NEW/DE/
- **DATE OF NAME CHANGE:** 19920703

?xml version="1.0" encoding="utf-8" ? 8-K

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### UNITED STATES

### SECURITIES AND EXCHANGE COMMISSION

#### WASHINGTON, DC 20549

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### FORM 8-K

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#### CURRENT REPORT

#### Pursuant to Section 13 or 15(d)

#### of the Securities Exchange Act of 1934

#### Date of Report (Date of earliest event reported): March 20, 2023

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## DISTRIBUTION SOLUTIONS GROUP, INC.

#### (Exact name of registrant as specified in its charter)

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| | | |
|:---|:---|:---|
| **Delaware** | **0-10546** | **36-2229304** |
| **(State or other jurisdiction**<br> **of incorporation)** | **(Commission**<br> **File Number)** | **(I.R.S. Employer**<br> **Identification No.)** |

---

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| | |
|:---|:---|
| **8770 W. Bryn Mawr Ave., Suite 900, Chicago, Illinois** | **60631** |
| **(Address of principal executive offices)** | **(Zip Code)** |

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(773) 304-5050

#### (Registrant's telephone number, including area code)

#### Not Applicable

#### (Former name or former address, if changed since last report)

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| **Title of each class** | **Trading<br>Symbol** | **Name of each exchange**<br> **on which registered** |
| Common stock, $1.00 par value | DSGR | NASDAQ Global Select Market |

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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#### Introductory Note
As previously disclosed, on December 29, 2021, Distribution Solutions Group, Inc., a Delaware corporation formerly known as Lawson Products, Inc. (the "**Company**"), entered into: &nbsp;&nbsp;&nbsp;&nbsp;

• an Agreement and Plan of Merger (the "**TestEquity Merger Agreement**") by and among (i) LKCM TE Investors, LLC, a Delaware limited liability company (the "**TestEquity Equityholder** "), (ii) TestEquity Acquisition, LLC, a Delaware limited liability company and a wholly-owned subsidiary of the TestEquity Equityholder ()"**TestEquity** "), (iii) the Company and (iv) Tide Sub, LLC, a Delaware limited liability company and a wholly-owned subsidiary of the Company ()"**Merger Sub 1** "), pursuant to the terms and subject to the conditions of which the parties agreed, among other things, that Merger Sub 1 would merge with and into TestEquity, with TestEquity surviving the merger as a wholly-owned subsidiary of the Company; and

• an Agreement and Plan of Merger (the "**Gexpro Services Merger Agreement**" and, together with the TestEquity Merger Agreement, the "**Merger Agreements**") by and among (i) 301 HW Opus Investors, LLC, a Delaware limited liability company (the "**Gexpro Services Stockholder** "), (ii) 301 HW Opus Holdings, Inc., a Delaware corporation and a wholly-owned subsidiary of the Gexpro Services Stockholder ()"**Gexpro Services** "), (iii) the Company and (iv) Gulf Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of the Company ()"**Merger Sub 2** "), pursuant to the terms and subject to the conditions of which the parties agreed, among other things, that Merger Sub 2 would merge with and into Gexpro Services, with Gexpro Services surviving the merger as a wholly-owned subsidiary of the Company.

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| | |
|:---|:---|
| **Item 3.02** | **Unregistered Sales of Equity Securities.**  |

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To the extent applicable, the information in the Introductory Note and Item 8.01 of this Current Report on Form 8-K is incorporated by reference into this Item 3.02.

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| | |
|:---|:---|
| **Item 8.01** | **Other Events.**  |

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On March 20, 2023, the Company issued (i) 700,000 shares of common stock, par value $1.00 per share, of the Company ("**Common Stock**") to TestEquity Equityholder (the "**TestEquity Holdback Shares**") and (ii) 1,000,000 shares of Common Stock to Gexpro Services Stockholder (the "**Gexpro Services Holdback Shares**" and, together with the TestEquity Holdback Shares, the "**Holdback Shares**"), in each case pursuant to the terms of the earnout provisions of the TestEquity Merger Agreement and Gexpro Services Merger Agreement, respectively. The Holdback Shares being issued represent the maximum number of additional shares that could be issued under the Merger Agreements, and no further shares are available for issuance, and no additional shares will be issued, in connection with the Merger Agreements. The Holdback Shares were not registered under the Securities Act of 1933, as amended (the "**Securities Act**"). Such shares were issued in reliance on an exemption from such registration requirements contained in Section 4(a)(2) of the Securities Act.

The information contained in the Introductory Note of this Current Report on Form 8-K is hereby incorporated into this Item 8.01 by reference.

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#### SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | |
|:---|:---|:---|
|  | **DISTRIBUTION SOLUTIONS GROUP, INC.** | **DISTRIBUTION SOLUTIONS GROUP, INC.** |
|  | (Registrant) | (Registrant) |
| Date: March 21, 2023 | By: | /s/ Ronald J. Knutson |
|  | Name: | Ronald J. Knutson |
|  | Title: | Executive Vice President, Chief Financial Officer<br> and Treasurer |

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