{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-011310","form_type":"8-K","ticker":"DBGI","cik":"0001668010","company_name":"Digital Brands Group, Inc.","filed_at":"2026-03-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.816561+00:00","generated_at":"2026-05-15T09:54:19.756924+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Digital Brands Group enters $3M NIL consulting deal with Athlete Capital Sports","bullets":["Agreement with Athlete Capital Sports for consulting on Penn State NIL program; term 3 years.","Company to issue shares worth $3M (based on VWAP or closing price) as consulting fee; delivery by April 11, 2026.","Make-whole provision guarantees Athlete Capital receives $3M total value from share sales.","CEO John Hilburn Davis IV appointed as proxy to vote shares held by Athlete Capital.","Company also commits to $500k/year for 3 years ($1.5M total) to university student athlete funds."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-011310","json":"https://secwatch.observer/filing/0001493152-26-011310.json","markdown":"https://secwatch.observer/filing/0001493152-26-011310.md","text":"https://secwatch.observer/filing/0001493152-26-011310.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1668010/000149315226011310/0001493152-26-011310-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1668010/000149315226011310/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T09:54:19.756924+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}