---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-020917"
form_type: "8-K"
ticker: "DBGI"
cik: "0001668010"
company_name: "Digital Brands Group, Inc."
filed_at: "2024-05-21T23:59:59+00:00"
generated_at: "2026-06-01T11:04:36.910871+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Digital Brands raises $3.2M via warrant exercises, believes Nasdaq equity compliance restored

## Summary
- Q1 10-Q filed May 20 showed stockholders' equity of $2.98M.
- Subsequent warrant exercise of ~1.03M warrants at $3.13 added $3.2M cash.
- Company believes equity now exceeds Nasdaq's $2.5M minimum requirement.
- Nasdaq deficiency letter received April 22 covering Dec 31, 2023 equity; hearing pending.
- Delisting risk remains if next periodic report fails to show compliance.

## SEC filing metadata
- accession: 0001493152-24-020917
- form_type: 8-K
- ticker: DBGI
- cik: 0001668010
- company_name: Digital Brands Group, Inc.
- filed_at: 2024-05-21T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1668010/000149315224020917/0001493152-24-020917-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1668010/000149315224020917/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-020917
- JSON: https://secwatch.observer/filing/0001493152-24-020917.json
- Plain text: https://secwatch.observer/filing/0001493152-24-020917.txt

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