secwatch.observer — SEC 8-K summary
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Issuer:     Digital Brands Group, Inc. (DBGI)
CIK:        0001668010
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0001493152-24-015954
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1668010/000149315224015954/0001493152-24-015954-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1668010/000149315224015954/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-015954

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