Digital Brands Group extends final payment on $1.79M settlement to Oct 31, receives Nasdaq delisting notice

Digital Brands Group, Inc.

On Oct 3, 2024, Company amended settlement agreements to extend final payment of $1,289,668.37 from Sept 30 to Oct 31, 2024.
On Oct 2, 2024, Nasdaq notified Company of non-compliance with minimum bid price rule for 30 consecutive business days ended Oct 1, 2024.
Company plans to request a hearing before Nasdaq Hearings Panel by Oct 9, 2024 to stay delisting.
Company is not eligible for a 180-day grace period due to being subject to a Panel Monitor under Nasdaq Listing Rule 5815(d)(4)(A).

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.