---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-043963"
form_type: "8-K"
ticker: "DBGI"
cik: "0001668010"
company_name: "Digital Brands Group, Inc."
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:37:23.450976+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# DBG pays off $1.3M in convertible notes, retiring all convertible debt

## Summary
- Paid $1.3M to extinguish remaining convertible notes; no convertible debt remains.
- Total debt retired in 2024 exceeds $3.5M, including the convertible notes.
- CEO says payoff removes overhang created by the convertible notes and cleans up balance sheet.
- Company's focus now on growth after debt reduction.

## SEC filing metadata
- accession: 0001493152-24-043963
- form_type: 8-K
- ticker: DBGI
- cik: 0001668010
- company_name: Digital Brands Group, Inc.
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1668010/000149315224043963/0001493152-24-043963-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1668010/000149315224043963/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-043963
- JSON: https://secwatch.observer/filing/0001493152-24-043963.json
- Plain text: https://secwatch.observer/filing/0001493152-24-043963.txt

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