secwatch.observer — SEC 8-K summary
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Issuer:     Digital Brands Group, Inc. (DBGI)
CIK:        0001668010
Form:       8-K
Filed at:   2025-12-09T23:59:59+00:00
Accession:  0001493152-25-026860
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DBGI agrees to $1.65M, 3-year Colorado sponsorship paid with stock, cash, and revenue share
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- $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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1668010/000149315225026860/0001493152-25-026860-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1668010/000149315225026860/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-026860

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