Digital Brands Group, Inc. (DBGI): Nasdaq/NYSE listing notice — Digital Brands Group receives additional Nasdaq delisting notice for bid price non-compliance

Digital Brands Group, Inc.

Nasdaq notified DBGI on June 28, 2023 that bid price non-compliance for 30 days ended June 27, 2023 may trigger delisting.
Company ineligible for 180-day grace period due to ongoing Panel Monitor under Nasdaq Rule 5815(d)(4)(A).
DBGI to address bid price deficiency at upcoming Nasdaq Hearings Panel, along with plan to regain minimum stockholders' equity compliance.
Company also faces continued equity compliance issue under Nasdaq Listing Rule 5550(b)(1).

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Digital Brands Group, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

June 28, 2023, Digital Brands Group, Inc. (the “Company”) received notice from the Listing Qualifications Staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) that the Company’s non-compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for the 30 consecutive business day period ended June 27, 2023, could serve as an additional basis for the delisting of the Company’s securities from Nasdaq. The Company was not eligible for a 180-calendar day grace period to regain compliance with the bid price requirement under the Nasdaq Listing Rules given tha

View on SEC.gov

Browse all listing & compliance notices →

Digital Brands Group, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-23-077214

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.