other material
confidence high
sentiment negative
materiality 0.85
Nasdaq to delist Digital Brands Group (DBGI) stock effective Dec 18, 2024
Digital Brands Group, Inc.
- Nasdaq notified company on Dec 16, 2024 of delisting; trading suspended at open Dec 18, 2024.
- Violations: Bid Price (Rule 5550a2), Shareholders' Equity (Rule 5550b1), and Shareholder Approval (Rule 5635).
- Company expects common stock to trade on OTC Pink Market under symbol 'DBGI'.
- Company may request Nasdaq Listing Council review within 15 days; Council may also review on its own within 45 days.