{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-015802","form_type":"8-K","ticker":"DBGI","cik":"0001668010","company_name":"Digital Brands Group, Inc.","filed_at":"2025-09-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.599940+00:00","generated_at":"2026-05-17T05:34:13.814460+00:00","sec_items":["1.01","3.02","3.03","5.03","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Digital Brands Group amends PIPE to add $1.5M, extends registration deadline","bullets":["Issued 1,875 additional Series D preferred shares at $1,150 stated value for $1.5M cash.","Conversion price remains 80% of 5-day low closing price; same terms as initial shares.","Registration statement deadline for resale of conversion shares extended to Dec 1, 2025.","Certain investors exercised $300k in warrants for cash at the second closing on Sept 26.","Aggregate PIPE proceeds now ~$12.725M from Series D and warrant exercise."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-015802","json":"https://secwatch.observer/filing/0001493152-25-015802.json","markdown":"https://secwatch.observer/filing/0001493152-25-015802.md","text":"https://secwatch.observer/filing/0001493152-25-015802.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1668010/000149315225015802/0001493152-25-015802-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1668010/000149315225015802/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:34:13.814460+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"323d0d9dbb52e06fef039554187bbbb5b1c5805b","claim":"Digital Brands Group, Inc. issued 1,875 shares of Series D Preferred Stock of preferred stock to accredited investor for aggregate gross cash proceeds of $1,500,000, aggregate stated value of $2,156,250 at $1,150 per share.","evidence_excerpt":"At the second closing under the Purchase Agreement on September 26, 2025 (the “Second Closing”), the Company issued the Additional Series D Shares to Additional Investor for aggregate gross cash proceeds of $1,500,000","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1668010/000149315225015802/0001493152-25-015802-index.htm","confidence":0.95,"family_label":"Equity Issuances","details":[{"label":"Security","value":"preferred stock"},{"label":"Shares","value":"1,875 shares of Series D Preferred Stock"},{"label":"Purchaser","value":"accredited investor"},{"label":"Consideration","value":"aggregate gross cash proceeds of $1,500,000, aggregate stated value of $2,156,250 at $1,150 per share"}],"fact_type":"equity_issuance"},{"claim_id":"3248c13149027b55f93136bd36247a855e79d815","claim":"Digital Brands Group, Inc. issued Common Stock Purchase Warrants exercised in the aggregate amount of $300,000 of warrant to certain Investors for $300,000 in cash exercise.","evidence_excerpt":"at the Second Closing, certain Investors agreed to exercise Common Stock Purchase Warrants (the “Warrants”) in the aggregate amount of $300,000 in cash in accordance with the terms and provisions of the Warrants","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1668010/000149315225015802/0001493152-25-015802-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"warrant"},{"label":"Shares","value":"Common Stock Purchase Warrants exercised in the aggregate amount of $300,000"},{"label":"Purchaser","value":"certain Investors"},{"label":"Consideration","value":"$300,000 in cash exercise"}],"fact_type":"equity_issuance"},{"claim_id":"d87498c76a497345704bc9d47543e37afd1d9631","claim":"Digital Brands Group, Inc.: Filed Series D COD Amendment increasing authorized shares and stated value of Series D Convertible Preferred Stock (effective 2025-09-25).","evidence_excerpt":"the Company amended the Initial Series D COD by filing that certain First Amendment to Certificate of Designations, Preferences and Rights of the Series D Convertible Preferred Stock of Digital Brands Group, Inc. (the “Series D COD Amendment”","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1668010/000149315225015802/0001493152-25-015802-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2025-09-25"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}