Recent 8-K filings for DBGI
Highest-materiality recent filing
Digital Brands Group extends final payment on $1.79M settlement to Oct 31, receives Nasdaq delisting notice
- On Oct 3, 2024, Company amended settlement agreements to extend final payment of $1,289,668.37 from Sept 30 to Oct 31, 2024.
- On Oct 2, 2024, Nasdaq notified Company of non-compliance with minimum bid price rule for 30 consecutive business days ended Oct 1, 2024.
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DBG guides FY2026 revenue $55-65M, FCF $2.5-3.5M; also Jul'26-Jun'27 rev $100-115M, FCF $10-12M
FY 2026 revenue guidance $55M-$65M; free cash flow guidance $2.5M-$3.5M.
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Digital Brands Group enters ATM agreement for up to $100M in common stock with Aegis Capital
Up to $100M aggregate offering price of common stock through Aegis Capital as sales agent.
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Digital Brands Group amends warrant agreements; expects $2.5M from early exercises by May 31
Amendments to prior letter agreements with four warrant holders executed April 14, 2026.
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Digital Brands Group enters $3M NIL consulting deal with Athlete Capital Sports
Agreement with Athlete Capital Sports for consulting on Penn State NIL program; term 3 years.
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Digital Brands Group replaces transfer agent from VStock to ClearTrust
Effective March 5, 2026, terminated VStock Transfer as transfer agent.
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DBGI secures $1.54M from warrant exercise, extends remaining warrants to June 17, 2026
2,365,968 existing warrants exercised at $0.66/share, netting $1.54M; 9,634,032 replaced with new warrants expiring June 17, 2026 at same strike.
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Digital Brands Group reincorporates in Nevada; dismisses MGO, hires dbbmckennon as auditor
Reincorporation from Delaware to Nevada effective Dec 29, 2025; no change in business, management, assets, or liabilities.
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DBGI agrees to $1.65M, 3-year Colorado sponsorship paid with stock, cash, and revenue share
$550K annual fee: $350K in common stock with 18-month make-whole guarantee, $200K cash.
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Exclusive 3-year term to manufacture University of Mississippi apparel (excluding jerseys, polo shirts, collared shirts, quarter zips, and certain NIL items).
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Digital Brands Group amends PIPE to add $1.5M, extends registration deadline
Issued 1,875 additional Series D preferred shares at $1,150 stated value for $1.5M cash.
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Digital Brands Group closes $11.2M PIPE offering of Series D Convertible Preferred Stock
Raised ~$11,225,000 from sale of ~14,031 Series D Preferred shares at $800/share; proceeds held in segregated account pending conditions.
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Exclusive Alabama agreement: $1M stock/year for 3 years for manufacturing select apparel for University of Alabama.
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Digital Brands Group reports pro forma equity of $11.3M after offerings, exceeding $5M threshold
Pro forma total stockholders' equity of $11.3M, up from $(1.33M) deficit after $12.585M in equity issuances.
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Digital Brands Group reports pro forma stockholders' equity above $5M after equity offerings
Pro forma adjustment of $12.6M to additional paid-in capital from several equity issuances since Dec 31, 2024.
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Digital Brands Group acquires Open Daily virtual shopping assets for 344,827 shares
Acquired patent applications, trademarks, and software from Open Daily Technologies Inc.
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Digital Brands Group pro forma equity rises to $13.8M, exceeds $5M threshold
Pro forma stockholders' equity adjusted to $13,768,340 from $19,046 at Sept 30, 2024 via equity offerings.
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Digital Brands Group applies for national exchange uplisting; closes $7.5M capital raise
Submitted application to list common stock on a national securities exchange; approval not guaranteed.
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Digital Brands Group raises ~$7.5M in registered offering of units with stock and warrants
Gross proceeds of ~$7.5M from sale of 11.4M units at $0.66/unit.
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DBGI prices $7.5M public offering of common stock and warrants
Offering of 11.36 million units at $0.66 per unit, including common stock/pre-funded warrants plus two warrants.
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Digital Brands Group enters three financings totaling ~$582K in gross proceeds
Issued $121,900 promissory note to 1800 Diagonal lending; net proceeds $106,000 after $15,900 OID.
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Nasdaq to delist Digital Brands Group (DBGI) stock effective Dec 18, 2024
Nasdaq notified company on Dec 16, 2024 of delisting; trading suspended at open Dec 18, 2024.
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Digital Brands Group eliminates $5.2M in debt; interest expense to drop to $420k in FY2025
Eliminated $5.2M in convertible notes, other debt, and aged accounts payable since May 2024.
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Digital Brands Group effectuates 1-for-50 reverse stock split effective Dec. 12
Stockholders approved reverse split at the Dec. 2, 2024 annual meeting; Board set ratio at 1-for-50.
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DBG reports 224% digital revenue surge in first 45 days of VaynerCommerce partnership
Digital revenue increased 224% in the 45 days ending Dec 5, 2024 vs the prior 45 days.
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Digital Brands Group announces 1-for-50 reverse stock split to regain Nasdaq compliance
Reverse split effective Dec 13, 2024; common stock trades split-adjusted from market open.
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DBG partners with VAYNERCOMMERCE to launch AVO on TikTok Shop and TikTok Live
Partnered with VAYNERCOMMERCE to launch AVO on TikTok Shop and TikTok Live, using their studios and influencer talent.
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Digital Brands Group shareholders approve reverse stock split of up to 1:50
All five director nominees elected: John Hilburn Davis IV, Mark T. Lynn, Trevor Pettennude, Jameeka Green Aaron, Huong "Lucy" Doan.
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Digital Brands Group receives Nasdaq delisting notice over equity deficiency; hearing Dec 3
Received Nasdaq notice for failing $2.5M stockholders' equity requirement; reported equity of $19,046 in Q3 10-Q/A.
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Digital Brands Group partners with LTK influencer platform; first videos launching next week
Partnered with LTK, a large domestic full-service influencer platform.
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Digital Brands Group Q3 net revenue down 27% YoY to $2.4M; net loss improves to $3.5M
Net revenues of $2.4M vs $3.3M a year ago; drop due to exiting low-margin wholesale account.
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Digital Brands Group schedules Q3 2024 earnings call for Nov 14, 2024
Company will report Q3 2024 financial results on Thursday, Nov 14 at 4:30 p.m. ET.
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DBG partners with VaynerCommerce; digital revenues up 34% in first 17 days
Partnership with VaynerCommerce began Oct 21, 2024; initial 17-day period (Oct 22–Nov 7) shows 34% rise in daily digital revenue.
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DBG pays off $1.3M in convertible notes, retiring all convertible debt
Paid $1.3M to extinguish remaining convertible notes; no convertible debt remains.
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Digital Brands corrects erroneous issuance of 1.31M shares; outstanding count reduced to 28.98M
Errant issuance of 1,311,345 shares upon conversion of October 2023 promissory note violated Nasdaq Rule 56353(d).
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Digital Brands Group receives Nasdaq delisting notice over improper share issuance and bid price
Nasdaq Staff determined non-compliance with Rule 56353(d) due to erroneous issuance of 1,311,345 shares without shareholder approval.
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Digital Brands Group raises ~$3M via stock and pre-funded warrant offering
Issued 6,233,650 common shares at $0.10/share and 24,109,350 pre-funded warrants at $0.0999 each.
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Digital Brands Group prices $3M public offering at $0.10 per share
Pricing of 30M shares/pre-funded warrants at $0.10 per share for gross proceeds of $3M.
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Digital Brands Group erroneously issued 1.3M shares violating Nasdaq rule; shares being cancelled
Issued 1,311,345 shares of common stock to a note holder upon conversion of promissory note between Oct 3-15, 2024.
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On Oct 3, 2024, Company amended settlement agreements to extend final payment of $1,289,668.37 from Sept 30 to Oct 31, 2024.
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Digital Brands Group launches new DTC brand AVO after successful beta test
AVO is a women's apparel brand offering premium handmade-in-LA garments at prices closer to fast fashion.
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Digital Brands Q2 revenue drops to $3.4M; net loss $3.5M; pays off $5M debt
Net revenue of $3.4M, down 24% YoY from $4.5M, due to no digital advertising spend.
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Digital Brands Group reports 144% order increase for DSTLD after launching new BYOB DTC strategy
DSTLD orders rose 144% since mid-June launch of new 'Build Your Own Bundle' (BYOB) strategy.
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Digital Brands cures Nasdaq equity deficiency; panel monitor extended to June 2025
Stockholders' equity was $1.6 million at Dec 31, 2023, below Nasdaq's $2.5 million minimum.
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Digital Brands Group settles $1.79M notes with investors; $500k due May 28, $1.29M due Sep 30
Aggregate settlement of $1,789,668.37 to extinguish promissory notes (original principal ~$2.5M).
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Digital Brands raises $3.2M via warrant exercises, believes Nasdaq equity compliance restored
Q1 10-Q filed May 20 showed stockholders' equity of $2.98M.
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Digital Brands Group raises $3.2M via warrant exercise; issues new warrants at $2.88
Closed exercise of 1,027,750 shares at reduced price of $3.13 per share.
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DBGI issues $250K convertible note with 20% interest, $3.50 conversion price
Issued $250,000 convertible promissory note to Target Capital 1 LLC, maturity April 30, 2025.
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Gross proceeds ~$3.2M from immediate cash exercise of 1,027,750 warrants at reduced exercise price of $3.13 per share.
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Stockholders' equity of $1,602,592 as of Dec 31, 2023, below Nasdaq's $2,500,000 Equity Rule minimum.
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.90 · Median 0.60 · Most common event other_material