Distribution Solutions Group (DSGR) Announces Commencement of Rights Offering
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/25/2026
- Nasdaq, S&P end lower as tech stocks fall
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
Distribution Solutions Group Announces Commencement of Rights Offering
May 9, 2023 7:50 AM EDTCHICAGO--(BUSINESS WIRE)-- Distribution Solutions Group, Inc. (Nasdaq: DSGR) (DSG or the Company), a multi-platform specialty distribution company, announced today that it has commenced a subscription rights offering (Rights Offering) pursuant to which it intends to raise gross proceeds of up to approximately $100 million. The Company will distribute at no charge to holders of its common stock, par value $1.00 per share (Common Stock), as of the close of business on May 1, 2023 (the record date for the Rights Offering), one subscription right for each share of Common Stock held. Each subscription right entitles the holder to... More
