{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-123676","form_type":"8-K","ticker":"DBGI","cik":"0001668010","company_name":"Digital Brands Group, Inc.","filed_at":"2022-12-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.641831+00:00","generated_at":"2026-06-21T10:57:03.078429+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Digital Brands Group raises ~$10M via public offering of common stock and warrants","bullets":["Gross proceeds of ~$10M from offering of 1,818,181 shares (or pre-funded warrants), Class B and C warrants at $5.50/unit.","Class B and C warrants exercisable at $5.25/share; B expires in 5 years, C in 13 months.","Proceeds to fund portion of Sundry acquisition cash price, repay promissory notes, and settle H&J former owners.","Offering closed on December 1, 2022; H.C. Wainwright acted as placement agent.","Common stock and Class A warrants trade on Nasdaq under DBGI and DBGIW."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-123676","json":"https://secwatch.observer/filing/0001104659-22-123676.json","markdown":"https://secwatch.observer/filing/0001104659-22-123676.md","text":"https://secwatch.observer/filing/0001104659-22-123676.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1668010/000110465922123676/0001104659-22-123676-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1668010/000110465922123676/tm2231609d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T10:57:03.078429+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"916c61834e391d805e6af59f2a3fad33c75aef43","claim":"Digital Brands Group, Inc. entered into Securities Purchase Agreement with the Investors valued at approximately $10 million (effective 2022-11-29).","evidence_excerpt":"On November 29 , 2022, Digital Brands Group, Inc., a Delaware corporation (the “Company”), entered into a Securities Purchase Agreement (the “Purchase Agreement”) with investors (the “Investors”), pursuant to which the Company agreed to issue and sell, in an offering (the “Offering”), (i) an aggregate of 168,000 shares (the “Shares”) of the Company’s common stock, par value $0.0001 per share (“Common Stock”), and accompanying Class B Warrants (the “Class B Warrants”) to purchase 168,000 shares of Common Stock and accompanying Class C Warrants (the “Class C Warrants”) to purchase 168,000 shares of Common Stock, at a combined public offering price of $5.50 per share and Class B Warrant and Class C Warrant, and (ii) 1,650,181 pre-funded warrants (the “Pre-Funded Warrants” and together with the Class B Warrants and the Class C Warrants, the “Warrants” and together with the Shares and the shares of Common Stock underlying the Warrants, the “Securities”) exercisable for 1,650,181 shares of C","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1668010/000110465922123676/0001104659-22-123676-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"the Investors"},{"label":"Value","value":"approximately $10 million"},{"label":"Effective","value":"2022-11-29"}],"fact_type":"material_agreement"},{"claim_id":"d09e8b197d3abaa0211a137dbfecb33c1648d889","claim":"Digital Brands Group, Inc. entered into Placement Agency Agreement with H.C. Wainwright & Co., LLC (effective 2022-11-29).","evidence_excerpt":"On November 29, 2022 and in connection with the Offering, the Company entered into a placement agency agreement (the “Placement Agency Agreement”) with H.C. Wainwright & Co., LLC (“Wainwright”), pursuant to which Wainwright agreed to serve as the exclusive placement agent for the issuance and sale of securities of the Company pursuant to the Purchase Agreement.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1668010/000110465922123676/0001104659-22-123676-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"H.C. Wainwright & Co., LLC"},{"label":"Effective","value":"2022-11-29"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}