{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-034517","form_type":"8-K","ticker":"DBGI","cik":"0001668010","company_name":"Digital Brands Group, Inc.","filed_at":"2026-07-24T16:34:15+00:00","discovered_at":"2026-07-24T16:35:00.419351+00:00","generated_at":"2026-07-24T16:35:07.390894+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Digital Brands Group issues $3.53M convertible note and secures $100M equity line","bullets":["Issued $3,529,412 unsecured convertible promissory note; net proceeds of $3,000,000 for working capital and liability repayment.","Note matures Jan 23, 2027; scheduled repayments of $1M on Oct 23, Nov 23, Dec 23, 2026 and $529,412 on Jan 23, 2027.","Conversion at 90% of lowest VWAP during 5 days prior to conversion, subject to 19.99% Nasdaq cap and beneficial ownership limit.","Entered ELOC to sell up to $100M of common stock over 3 years at 95% of lowest daily VWAP; commitment fee of 1% paid in shares.","Aegis Capital acted as placement agent; registration rights agreement requires filing S-1 within 15 days."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-034517","json":"https://secwatch.observer/filing/0001493152-26-034517.json","markdown":"https://secwatch.observer/filing/0001493152-26-034517.md","text":"https://secwatch.observer/filing/0001493152-26-034517.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1668010/000149315226034517/0001493152-26-034517-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1668010/000149315226034517/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-24T16:35:07.390894+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"}