{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-034260","form_type":"8-K","ticker":"DBGI","cik":"0001668010","company_name":"Digital Brands Group, Inc.","filed_at":"2026-07-22T20:50:20+00:00","discovered_at":"2026-07-22T20:51:05.474915+00:00","generated_at":"2026-07-22T20:51:11.608252+00:00","sec_items":["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 announces 1-for-40 reverse stock split to regain Nasdaq compliance","bullets":["Reverse stock split at 1-for-40 effective July 24, 2026; reduces outstanding shares from ~23M to ~575,000.","Intended to increase bid price above $1.00 to comply with Nasdaq Listing Rule 5550(a)(2).","Authorized shares reduced from 1B to 25M; par value unchanged at $0.0001 per share.","No fractional shares issued; fractional interests rounded up to nearest whole share.","No stockholder approval required under Nevada law; Clear Trust LLC acting as transfer agent."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-034260","json":"https://secwatch.observer/filing/0001493152-26-034260.json","markdown":"https://secwatch.observer/filing/0001493152-26-034260.md","text":"https://secwatch.observer/filing/0001493152-26-034260.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1668010/000149315226034260/0001493152-26-034260-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1668010/000149315226034260/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-22T20:51:11.608252+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"}