other material
confidence high
sentiment neutral
materiality 0.55
DBGI agrees to $1.65M, 3-year Colorado sponsorship paid with stock, cash, and revenue share
Digital Brands Group, Inc.
- $550K annual fee: $350K in common stock with 18-month make-whole guarantee, $200K cash.
- Stock voting rights assigned via proxy to CEO Hil Davis, CEO voting all shares.
- Additional 7% of gross revenue from separate CU licensing deal to fund NIL activities for student-athletes.
- Agreement runs Dec 2025 through Dec 2028; registration statement for resale of shares due by Jan 17, 2026.