secwatch.observer — SEC 8-K summary
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Issuer:     Digital Brands Group, Inc. (DBGI)
CIK:        0001668010
Form:       8-K
Filed at:   2024-12-03T23:59:59+00:00
Accession:  0001493152-24-048446
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Digital Brands Group shareholders approve reverse stock split of up to 1:50
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- All five director nominees elected: John Hilburn Davis IV, Mark T. Lynn, Trevor Pettennude, Jameeka Green Aaron, Huong "Lucy" Doan.
- Reverse stock split approved (1.86M for, 1.08M against) at ratio 1:10 to 1:50, board to set final ratio.
- Ratification of Macias Gini & O'Connell LLP as independent auditor for FY 2024 approved.
- Adjournment proposal approved to allow additional proxy solicitation if needed.
- Broker non-votes of 2,021,712 on director elections noted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1668010/000149315224048446/0001493152-24-048446-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1668010/000149315224048446/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-048446

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