secwatch.observer — SEC 8-K summary
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Issuer:     Digital Brands Group, Inc. (DBGI)
CIK:        0001668010
Form:       8-K
Filed at:   2024-10-04T23:59:59+00:00
Accession:  0001493152-24-039521
Event type: regulatory
Sentiment:  negative
Materiality: 0.90
Item codes: 1.01, 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1668010/000149315224039521/0001493152-24-039521-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1668010/000149315224039521/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-039521

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