---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-065495"
form_type: "8-K"
ticker: "DBGI"
cik: "0001668010"
company_name: "Digital Brands Group, Inc."
filed_at: "2023-05-26T23:59:59+00:00"
generated_at: "2026-06-14T13:07:48.036866+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Digital Brands Group receives Nasdaq delisting notice over stockholders' deficit; plans hearing

## Summary
- Received Nasdaq delisting notice on May 23, 2023 for failure to meet Rule 5550(b)(1) stockholders' equity requirement.
- Stockholders' deficit for Q1 2023 reported in 10-Q filed May 22; company was under prior Panel Monitor.
- Will request a hearing before Nasdaq Hearings Panel, automatically staying any suspension.
- No assurance panel will grant extension or company can regain compliance; risk of delisting remains.

## SEC filing metadata
- accession: 0001104659-23-065495
- form_type: 8-K
- ticker: DBGI
- cik: 0001668010
- company_name: Digital Brands Group, Inc.
- filed_at: 2023-05-26T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1668010/000110465923065495/0001104659-23-065495-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1668010/000110465923065495/tm2317055d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-065495
- JSON: https://secwatch.observer/filing/0001104659-23-065495.json
- Plain text: https://secwatch.observer/filing/0001104659-23-065495.txt

## Key facts
- Listing & Compliance Notices
  Digital Brands Group, Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: stockholders equity
  - Rules: 5550(b)(1)
  source text: May 23, 2023, the Company received a letter (the “Letter”) from the staff (the “Staff”) of The Nasdaq Capital Market (“Nasdaq”) notifying the Company that the Nasdaq Staff (the “Staff”) has determined to delist the Company’s common stock from Nasdaq based on the Company’s failure to comply with the listing requirements of Nasdaq Rule 5550(b)(1) as a result of the Company’s stockholders’ deficit for the period ended March 31, 2023, as demonstrated in Company’s Quarterly Report on Form 10-Q filed on May 22, 2023, while the Company was under Panel Monitor as had been previously disclosed. The Let
  evidence_url: https://www.sec.gov/Archives/edgar/data/1668010/000110465923065495/0001104659-23-065495-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.