---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-077214"
form_type: "8-K"
ticker: "DBGI"
cik: "0001668010"
company_name: "Digital Brands Group, Inc."
filed_at: "2023-06-30T23:59:59+00:00"
generated_at: "2026-06-13T14:02:50.037272+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Digital Brands Group receives additional Nasdaq delisting notice for bid price non-compliance

## Summary
- 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).

## SEC filing metadata
- accession: 0001104659-23-077214
- form_type: 8-K
- ticker: DBGI
- cik: 0001668010
- company_name: Digital Brands Group, Inc.
- filed_at: 2023-06-30T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1668010/000110465923077214/0001104659-23-077214-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1668010/000110465923077214/tm2320369d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-077214
- JSON: https://secwatch.observer/filing/0001104659-23-077214.json
- Plain text: https://secwatch.observer/filing/0001104659-23-077214.txt

## Key facts
- Listing & Compliance Notices
  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)
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1668010/000110465923077214/0001104659-23-077214-index.htm

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