Digital Brands Group receives Nasdaq delisting notice over equity deficiency; hearing Dec 3

Digital Brands Group, Inc.

Received Nasdaq notice for failing $2.5M stockholders' equity requirement; reported equity of $19,046 in Q3 10-Q/A.
Hearing before Nasdaq Panel scheduled for December 3, 2024; outcome uncertain.
After raising ~$3.88M from ATM and public offering, equity exceeded $2.5M as of Nov 15, but compliance not guaranteed.

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