secwatch.observer — SEC 8-K summary
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Issuer:     Digital Brands Group, Inc. (DBGI)
CIK:        0001668010
Form:       8-K
Filed at:   2026-07-17T21:25:14+00:00
Accession:  0001493152-26-033802
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Digital Brands Group resets Series D floor price; major holder locked up 180 days
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- Entered Lock-Up and Leak-Out Agreement with majority Series D holder as inducement for resetting Floor Price.
- Floor Price reset to 20% of lower of closing price on July 17 or 5-day average closing price.
- Holder cannot sell shares for 180 days except up to 3% of daily trading volume (leak-out).
- Company may waive leak-out cap on any trading day via written notice.
- Certificate of Amendment filed with Nevada Secretary of State effective July 17, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1668010/000149315226033802/0001493152-26-033802-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1668010/000149315226033802/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-033802

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