secwatch.observer — SEC 8-K summary
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Issuer:     Digital Brands Group, Inc. (DBGI)
CIK:        0001668010
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0001493152-24-043115
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Digital Brands Group raises ~$3M via stock and pre-funded warrant offering
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- Issued 6,233,650 common shares at $0.10/share and 24,109,350 pre-funded warrants at $0.0999 each.
- Gross proceeds of approximately $3,000,000 before placement agent fees and expenses.
- Placement agent RBW Capital Partners (Dominari Securities) received 8.0% cash fee plus 1.0% expense allowance.
- Offering closed on October 30, 2024; pre-funded warrants have $0.0001 exercise price and no expiration.
- Shares and warrants offered under effective registration statement on Form S-1 filed October 24, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1668010/000149315224043115/0001493152-24-043115-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1668010/000149315224043115/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-043115

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer