---
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"
generated_at: "2026-07-24T16:35:07.390894+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Digital Brands Group issues $3.53M convertible note and secures $100M equity line

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-034517
- JSON: https://secwatch.observer/filing/0001493152-26-034517.json
- Plain text: https://secwatch.observer/filing/0001493152-26-034517.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.