---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-015954"
form_type: "8-K"
ticker: "DBGI"
cik: "0001668010"
company_name: "Digital Brands Group, Inc."
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T08:04:21.929514+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Digital Brands Group receives Nasdaq delisting notice for equity non-compliance; plans hearing request

## Summary
- Stockholders' equity of $1,602,592 as of Dec 31, 2023, below Nasdaq's $2,500,000 Equity Rule minimum.
- Nasdaq notified company on April 22, 2024, of potential delisting under ongoing Panel Monitor.
- Company intends to request hearing before Nasdaq Hearings Panel, which will automatically stay suspension.
- Panel may grant extension until October 21, 2024, but no assurance of regaining compliance.

## SEC filing metadata
- accession: 0001493152-24-015954
- form_type: 8-K
- ticker: DBGI
- cik: 0001668010
- company_name: Digital Brands Group, Inc.
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1668010/000149315224015954/0001493152-24-015954-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1668010/000149315224015954/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-015954
- JSON: https://secwatch.observer/filing/0001493152-24-015954.json
- Plain text: https://secwatch.observer/filing/0001493152-24-015954.txt

## Key facts
- Listing & Compliance Notices
  Digital Brands Group, Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: stockholders equity
  - Rules: 5550(b)
  source text: period. In the Company’s Annual Report on Form 10-K for the year ended December 31, 2023, filed with the SEC on April 15, 2024, the Company reported stockholders’ equity of $1,602,592 and, therefore, no longer complied with the Equity Rule. On April 22, 2024, Nasdaq notified the Company that, given the Panel Monitor, unless the Company timely requests a hearing
  evidence_url: https://www.sec.gov/Archives/edgar/data/1668010/000149315224015954/0001493152-24-015954-index.htm

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