secwatch / observer

Digital Brands Group, Inc. — fact timeline

Source-grounded facts extracted from Digital Brands Group, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

DBGI Digital Brands Group, Inc. JSON

David Sosnowski was appointed as Independent Director at Digital Brands Group, Inc..

“On July 14, 2026 (the “Effective Date”), Digital Brands Group, Inc. (the “Company”) appointed David Sosnowski to serve as an independent director on its Board of Directors (the “Board”), pursuant to a Board of Directors Agreement entered into between the Company and Mr. Sosnowski (the “Director Agreement”).”
Equity Issuances

Digital Brands Group, Inc. issued convertible note to 1800 Diagonal Lending, LLC for conversion price equal to 61% of the lowest closing bid price.

“Upon the occurrence of any event of default under the Note, (i) the Note will become immediately due and payable in an amount equal to 150% times the outstanding principal and accrued interest under the Note plus default interest at the rate of twenty-two percent (22%) per annum (the “Default Amount”), and (ii) 1800 Diagonal will have the right to convert the balance owed under the Note, including the Default Amount, into shares of common stock of the Company (“Common Stock”) at a conversion price equal to 61% of the lowest closing bid price during the ten trading days prior to the conversion date.”
Debt Financings

Digital Brands Group, Inc. incurred loan of $238,050.00 with 1800 Diagonal Lending, LLC at twelve percent (12%) maturing March 15, 2027.

“On June 9, 2026, Digital Brands Group, Inc., a Nevada corporation (the “Company”), entered into a securities purchase agreement (the “Purchase Agreement”) with 1800 Diagonal Lending, LLC (the “1800 Diagonal”), pursuant to which the 1800 Diagonal made a loan to the Company, evidenced by a promissory note in the aggregate principal amount of $238,050.00, including an original issue discount of $13,050.00 (the “Note”) with additional tranches of up to $1,015,000.00 during the next twelve (12) months subject to further agreement. The purchase price of the Note is $207,000.00 (the “Purchase Price”). The Purchase Agreement contains certain customary representations, warranties, and covenants made by the Company. Under the Note, the Company is required to make nine (9) payments of $29,624.00, which includes a one-time interest charge of twelve percent (12%) ($28,566.00). The first payment is due on July 15, 2026, with eight subsequent payments due each month thereafter. The Note matures on Ma”
Material Agreements

Digital Brands Group, Inc. entered into Purchase Agreement with 1800 Diagonal Lending, LLC valued at $238,050.00 (effective 2026-06-09).

“On June 9, 2026, Digital Brands Group, Inc., a Nevada corporation (the “Company”), entered into a securities purchase agreement (the “Purchase Agreement”) with 1800 Diagonal Lending, LLC (the “1800 Diagonal”), pursuant to which the 1800 Diagonal made a loan to the Company, evidenced by a promissory note in the aggregate principal amount of $238,050.00, including an original issue discount of $13,050.00 (the “Note”) with additional tranches of up to $1,015,000.00 during the next twelve (12) months subject to further agreement.”
Material Agreements

Digital Brands Group, Inc. entered into At-the-Market Issuance Sales Agreement with Aegis Capital Corp. valued at aggregate offering price of up to $100,000,000 (effective 2026-04-15).

“On April 15, 2026, Digital Brands Group, Inc. (the “Company”) entered into an At-the-Market Issuance Sales Agreement (the “Agreement”) with Aegis Capital Corp., as sales agent (the “Sales Agent”), under which the Company may issue and sell through the Sales Agent, from time to time, shares of its common stock, par value $0.0001 per share (the “Common Stock” and such offered shares of Common Stock, the “Shares”), having an aggregate offering price of up to $100,000,000 (the “Offering”)”
Material Agreements

Digital Brands Group, Inc. amended Amendments with Holders (four existing holders of Common Share Purchase Warrants) valued at approximately $2.5 million (effective 2026-04-14).

“Effective as of April 14, 2026, the Company and each Holder entered into an Amendment to the Agreement (each, an “Amendment” and collectively, the “Amendments”), whereby each Holder agreed to exercise an aggregate amount of 946,970 New Warrants, at an exercise price of $0.66 per share, on or prior to May 31, 2026.”
Equity Issuances

Digital Brands Group, Inc. issued up to 9,634,032 shares of common stock of warrant to certain existing holders of Common Share Purchase Warrants for exercise price of $0.66 per share.

“the Company agreed to issue to the Holders new Common Share Purchase Warrants (the “New Warrants”), which New Warrants upon entitle the Holders’ thereof to purchase up 9,634,032 shares of the Company’s common stock (the “Common Stock”) by June 17, 2026 at an exercise price of $0.66 per share”
Material Agreements

Digital Brands Group, Inc. entered into Agreement with certain existing holders of Common Share Purchase Warrants (effective 2026-02-16).

“On February 16, 2026, Digital Brands Group, Inc. (the “Company”), entered into those certain letter agreements (collectively, the “Agreement”) with certain existing holders (the “Holders”) of Common Share Purchase Warrants (the “Existing Warrants”)”
Auditor Changes

Digital Brands Group, Inc. engaged dbbmckennon as its auditor.

“ecember 29, 2025, the Committee approved the engagement of dbbmckennon (“DBB”), as the Company’s independent registered public accounting firm for the fiscal year ended December 31, 2025.”
Auditor Changes

Digital Brands Group, Inc. dismissed Macias, Gini and O’Connell LLP as its auditor.

“ismissal of Independent Registered Public Accounting Firm On December 29, 2025, the Audit Committee (the “Committee”) of the Board of Directors the Company dismissed Macias, Gini and O’Connell LLP (“MGO”) as the Company’s independent registered public accounting firm.”
Material Agreements

Digital Brands Group, Inc. entered into Marketing and Sponsorship Agreement with Buffalo Sports Properties, LLC valued at sponsorship fee in the aggregate amount of $550,000 for each year of the Term (effective 2025-12-04).

“On December 4, 2025, Digital Brands Group, Inc. (the “Company”) closed on that certain Marketing and Sponsorship Agreement (the “Agreement”) with Buffalo Sports Properties, LLC (“Buffalo Sports”)”
Material Agreements

Digital Brands Group, Inc. entered into Exclusive Private Label Manufacturing Agreement with The Grove Collective, LLC valued at $3,000,000 worth of common stock plus $500,000 per year for 3 years in student-athlete funds and $50 (effective 2025-11-19).

“On November 19, 2025, Digital Brands Group, Inc. (the “Company” or “DBGI”), entered into that certain Exclusive Private Label Manufacturing Agreement (the “Agreement”) with The Grove Collective, LLC, a Mississippi limited liability company (“Client”).”
Equity Issuances

Digital Brands Group, Inc. issued Common Stock Purchase Warrants exercised in the aggregate amount of $300,000 of warrant to certain Investors for $300,000 in cash exercise.

“at the Second Closing, certain Investors agreed to exercise Common Stock Purchase Warrants (the “Warrants”) in the aggregate amount of $300,000 in cash in accordance with the terms and provisions of the Warrants”
Equity Issuances

Digital Brands Group, Inc. issued 1,875 shares of Series D Preferred Stock of preferred stock to accredited investor for aggregate gross cash proceeds of $1,500,000, aggregate stated value of $2,156,250 at $1,150 per share.

“At the second closing under the Purchase Agreement on September 26, 2025 (the “Second Closing”), the Company issued the Additional Series D Shares to Additional Investor for aggregate gross cash proceeds of $1,500,000”
Governance Changes

Digital Brands Group, Inc.: Filed Series D COD Amendment increasing authorized shares and stated value of Series D Convertible Preferred Stock (effective 2025-09-25).

“the Company amended the Initial Series D COD by filing that certain First Amendment to Certificate of Designations, Preferences and Rights of the Series D Convertible Preferred Stock of Digital Brands Group, Inc. (the “Series D COD Amendment””
Listing & Compliance Notices

Digital Brands Group, Inc. received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2), 5550(b)(1), 5635).

“December 16, 2024, The Nasdaq Stock Market LLC (“Nasdaq”) notified Digital Brands Group, Inc., a Delaware corporation (the “Company”), that the Nasdaq Hearings Panel (the “Panel”) has determined to delist the Company’s common stock and that trading of the Company’s securities will be suspended at the open of trading on December 18, 2024. The Company expects its common stock will be eligible for quotation on the OTC Pink Market under its existing symbol, “DBGI”. The Panel reached its decision because the Company is in violation of Listing Rules 5550(a)(2), 5550(b)(1), and 5635, the Bid Price, S”
Material Agreements

Digital Brands Group, Inc. entered into Inducement Agreement with accredited investor valued at $3,216,857.50 (effective 2024-05-03).

“On May 3, 2024, the Company entered into that certain inducement offer to exercise common stock purchase warrants with the Investor (the “Inducement Agreement"), pursuant to which (i) the Company agreed to lower the exercise price of the Existing Warrants to $3.13 per share and (ii) the Investor agreed to exercise the Existing Warrants into 1,027,750 shares of Common Stock (the “Exercise Shares") by payment of the aggregate exercise price of $3,216,857.50”
Debt Financings

Digital Brands Group, Inc. incurred convertible notes of $250,000.00 with Target Capital 1 LLC maturing April 30, 2025.

“On April 30, 2024 (the “Issue Date”), Digital Brands Group, Inc., a Delaware corporation (the “Company”) issued a convertible promissory note in the original principal amount of $250,000.00 (the “Note”) to Target Capital 1 LLC, an Arizona limited liability company (the “Note Holder”), with a maturity date of April 30, 2025 (the “Maturity Date”).”
Material Agreements

Digital Brands Group, Inc. entered into Note with Target Capital 1 LLC valued at $250,000.00 (effective 2024-04-30).

“On April 30, 2024 (the “Issue Date”), Digital Brands Group, Inc., a Delaware corporation (the “Company”) issued a convertible promissory note in the original principal amount of $250,000.00 (the “Note”) to Target Capital 1 LLC, an Arizona limited liability company (the “Note Holder”)”
Listing & Compliance Notices

Digital Brands Group, Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)).

“period. In the Company’s Annual Report on Form 10-K for the year ended December 31, 2023, filed with the SEC on April 15, 2024, the Company reported stockholders’ equity of $1,602,592 and, therefore, no longer complied with the Equity Rule. On April 22, 2024, Nasdaq notified the Company that, given the Panel Monitor, unless the Company timely requests a hearing”
Shareholder Votes

Digital Brands Group, Inc. shareholders approved Approval of Adjournment of the Annual Meeting, if Necessary and Appropriate at the 2023-12-22 meeting.

“Stockholders approved adjournment of the Annual Meeting from time to time to a later date or dates, if necessary and appropriate, under certain circumstances”
Shareholder Votes

Digital Brands Group, Inc. shareholders approved Ratification of the Company’s Independent Registered Public Accounting Firm at the 2023-12-22 meeting.

“Stockholders ratified the appointment of Macias Gini & O’Connell LLP as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2023”
Shareholder Votes

Digital Brands Group, Inc. shareholders approved Approval of Issuance of Common Stock to the Company’s Chief Executive Officer at the 2023-12-22 meeting.

“Stockholders approved, for purposes of complying with Nasdaq Listing Rule Section 5635(c), of the issuance of shares of the Company’s common stock to the Company’s Chief Executive Officer pursuant to a Performance Stock Award Agreement”
Shareholder Votes

Digital Brands Group, Inc. shareholders approved Approval of Amendments to the Company’s 2020 Omnibus Incentive Stock Plan to Increase the Shares Authorized for Issuance under the Plan at the 2023-12-22 meeting.

“Stockholders approved amendments to the Plan to increase the aggregate number of shares of common stock authorized for issuance under the Plan to 200,000 shares”
Shareholder Votes

Digital Brands Group, Inc. shareholders approved Election of Directors at the 2023-12-22 meeting.

“Each of the following five nominees was elected to the Company’s Board of Directors, in accordance with the voting results listed below”
Material Agreements

Digital Brands Group, Inc. entered into At The Market Offering Agreement with H.C. Wainwright & Co., LLC valued at $1,806,907 (effective 2023-12-27).

“On December 27, 2023, Digital Brands Group, Inc. (the “Company”) entered into the At The Market Offering Agreement (the “Agreement”) by and between the Company and H.C. Wainwright & Co., LLC (the “Manager”) acting as sales agent or principal.”
Material Agreements

Digital Brands Group, Inc. entered into Registration Rights Agreement with accredited investor valued at registration for resale of Securities (effective 2023-08-31).

“In connection with the Private Placement, the Company and the Investor entered into a Registration Rights Agreement dated August 31, 2023 (the “Registration Rights Agreement”), providing for the registration for resale of the Securities (including the shares of Common Stock underlying the Warrants) that are not then registered on an effective registration statement, pursuant to a registration statement (the “Registration Statement”) to be filed with the Securities and Exchange Commission (the “SEC”) within 15 calendar days of the date of the Registration Rights Agreement (the “Filing Date”).”
Governance Changes

Digital Brands Group, Inc.: One-for-25 reverse stock split effected by Certificate of Amendment to Sixth Amended and Restated Certificate of Incorporation (effective 2023-08-22).

“On August 21, 2023, Digital Brands Group, Inc. (the “Company”) filed a Certificate of Amendment (the “Certificate of Amendment”) to its Sixth Amended and Restated Certificate of Incorporation (as amended to date, the “Certificate of Incorporation”) with the Secretary of State of the State of Delaware to effect a one-for-twenty five (1-for-25) reverse stock split (the “Reverse Stock Split”) of its common stock, par value $0.0001 (the “Common Stock”).”
Shareholder Votes

Digital Brands Group, Inc. shareholders approved To approve the postponement or adjournment of the Special Meeting from time to time, to a later date or dates, if necessary or appropriate, to solicit additional proxies if there are insufficient votes to adopt Proposal No.1 or establish a quorum. at the 2023-08-21 meeting.

“Proposal No.2 : To approve the postponement or adjournment of the Special Meeting from time to time, to a later date or dates, if necessary or appropriate, to solicit additional proxies if there are insufficient votes to adopt Proposal No.1 or establish a quorum.”
Shareholder Votes

Digital Brands Group, Inc. shareholders approved To approve the amendment of the Company's Sixth Amended and Restated Certificate of Incorporation to effect a reverse stock split of the Company's outstanding common stock at an exchange ratio between 1-for-2.5 to 1-for-50, as determined by the Company's Board. at the 2023-08-21 meeting.

“Proposal No.1 : To approve the amendment of the Company’s Sixth Amended and Restated Certificate of Incorporation to effect a reverse stock split of the Company’s outstanding common stock at an exchange ratio between 1-for-2.5 to 1-for-50, as determined by the Company’s Board.”
Earnings Releases

Digital Brands Group, Inc. reported second quarter ended June 30, 2023 results: revenue $4.5 million, net income $5.0 million, EPS $0.38 per diluted share.

“Digital Brands Group Reports Second Quarter 2023 Financial Results Net Earnings of $5.0 million or $0.38 per diluted share Revenues increased 69.6% to $4.5 million”
Debt Financings

Digital Brands Group, Inc. amended loan of $4,500,000 with Norwest Venture Partners XI, LP and Norwest Venture Partners XII, LP maturing June 30, 2024.

“On July 5, 2023, Digital Brands Group, Inc. (the “Company”) entered into a fourth amendment to that certain Promissory Note, issued February 28, 2020 (as amended, the “Fourth Amendment”), issued to Norwest Venture Partners XI, LP and Norwest Venture Partners XII, LP in the initial principal amount of $4,500,000.”
Material Agreements

Digital Brands Group, Inc. amended Fourth Amendment to Promissory Note with Norwest Venture Partners XI, LP and Norwest Venture Partners XII, LP valued at $4,500,000 principal; maturity extended to June 30, 2024 (effective 2023-07-05).

“On July 5, 2023, Digital Brands Group, Inc. (the “Company”) entered into a fourth amendment to that certain Promissory Note, issued February 28, 2020 (as amended, the “Fourth Amendment”), issued to Norwest Venture Partners XI, LP and Norwest Venture Partners XII, LP in the initial principal amount of $4,500,000.”
Listing & Compliance Notices

Digital Brands Group, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).

“June 28, 2023, Digital Brands Group, Inc. (the “Company”) received notice from the Listing Qualifications Staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) that the Company’s non-compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for the 30 consecutive business day period ended June 27, 2023, could serve as an additional basis for the delisting of the Company’s securities from Nasdaq. The Company was not eligible for a 180-calendar day grace period to regain compliance with the bid price requirement under the Nasdaq Listing Rules given tha”
Governance Changes

Digital Brands Group, Inc.: Filed Certificate of Designation designating 5,761 shares of preferred stock as Series C Convertible Preferred Stock (effective 2023-06-21).

“Item 5.03 Amendments to Articles of Incorporation or Bylaws. Series C Convertible Preferred Stock On June 21, 2023, the Company filed the Certificate of Designation with the Secretary of State for the State of Delaware designating up to 5,761 shares out of the authorized but unissued shares of its preferred stock as Series C Convertible Preferred Stock.”
M&A Transactions

Digital Brands Group, Inc. completed a disposition involving D. Jones Tailored Collection, Ltd. (closed 2023-06-21).

“the Company assigned and transferred one hundred percent (100%) of the Company’s membership interest in H&J to D. Jones”
Material Agreements

Digital Brands Group, Inc. entered into Securities Purchase Agreement with Moise Emquies, George Levy, Matthieu Leblan, Carol Ann Emquies, Jenny Murphy and Elodie Crichi (collectively, the “Sundry Investors”) valued at Issuance of 5,761 shares of Series C Convertible Preferred Stock at $1,000 per share in consideratio (effective 2023-06-21).

“On June 21, 2023, the Company, on the one hand, and Moise Emquies, George Levy, Matthieu Leblan, Carol Ann Emquies, Jenny Murphy and Elodie Crichi (collectively, the “Sundry Investors”), on the other hand, executed a Securities Purchase Agreement (the “Sundry SPA”) whereby the Company issued 5,761 shares of Series C Convertible Preferred Stock, par value $0.0001 per share (the “Series C Preferred Stock”) to the Sundry Investors at a purchase price of $1,000 per share.”
Material Agreements

Digital Brands Group, Inc. amended Waiver and Amendment Agreement with Norwest Venture Partners XI, LP and Norwest Venture Partners XII, LP valued at Waiver and termination of certain true up rights under the Agreement and Plan of Merger dated Februa (effective 2023-06-21).

“On June 21, 2023, the Company, on the one hand, and Norwest Venture Partners XI, LP and Norwest Venture Partners XII, LP (together, the “Norwest Investors”), on the other hand, executed a Waiver and Amendment Agreement (the “Norwest Amendment”) whereby the Norwest Investors agreed to waive and terminate certain true up rights of the Norwest Investors under the Agreement and Plan of Merger, dated February 12, 2020, among the Company, Bailey 44, LLC, Norwest Venture Partners XI, LP, and Norwest Venture Partners XII, LP and Denim.LA Acquisition Corp.”
Material Agreements

Digital Brands Group, Inc. entered into Settlement Agreement and Release with John Hilburn Davis IV, Drew Jones, D. Jones Tailored Collection, Ltd., and Harper & Jones, LLC valued at Cash payment of $229,000, issuance of 1,952,580 shares of common stock at $0.717 per share, and assi (effective 2023-06-21).

“On June 21, 2023, Digital Brands Group, Inc. (the “Company”) and John Hilburn Davis IV (collectively, the “DBG Parties”), on the one hand, and Drew Jones (“Jones”), D. Jones Tailored Collection, Ltd. (“D. Jones”), and Harper & Jones, LLC (“H&J” and collectively with Jones, D. Jones, the “Jones Parties” and together with DBG Parties, the “Parties”) executed a Settlement Agreement and Release (the “Settlement Agreement”) whereby contemporaneously with the Parties’ execution of the Settlement Agreement (i) the Company made aggregate cash payment of $229,000 to D. Jones, (ii) the Company issued 1,952,580 shares of the Company’s common stock, par value $0.0001 (the “Common Stock”), to D. Jones, at a per share purchase price of $0.717 which represented the lower of (i) the closing price per share of the Common Stock as reported on The Nasdaq Capital Market (the “Nasdaq”) on June 20, 2023, and (ii) the average closing price per share of Common Stock as reported on the Nasdaq for the five trad”
Governance Changes

Digital Brands Group, Inc.: Filed certificate of designation establishing a new series of Preferred Stock with specified voting, redemption, and other rights (effective 2023-05-30).

“On May 30, 2023, the Company filed a certificate of designation (the “Certificate of Designation”) with the Secretary of State of the State of Delaware, effective as of the time of filing, designating the rights, preferences, privileges and restrictions of the share of Preferred Stock.”
Listing & Compliance Notices

Digital Brands Group, Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).

“May 23, 2023, the Company received a letter (the “Letter”) from the staff (the “Staff”) of The Nasdaq Capital Market (“Nasdaq”) notifying the Company that the Nasdaq Staff (the “Staff”) has determined to delist the Company’s common stock from Nasdaq based on the Company’s failure to comply with the listing requirements of Nasdaq Rule 5550(b)(1) as a result of the Company’s stockholders’ deficit for the period ended March 31, 2023, as demonstrated in Company’s Quarterly Report on Form 10-Q filed on May 22, 2023, while the Company was under Panel Monitor as had been previously disclosed. The Let”
Auditor Changes

Digital Brands Group, Inc. engaged Macias Gini & O’Connell LLP (MGO) as its auditor.

“On May 5, 2023, the Company engaged Macias Gini & O’Connell LLP (“MGO”) as its new independent registered public accountant for the fiscal year ending December 31, 2023.”
Auditor Changes

dbbmckennon (DBB) resigned as auditor of Digital Brands Group, Inc..

“On May 4, 2023, dbbmckennon (“DBB”) informed Digital Brands Group, Inc. (the “Company”) of their formal resignation as the Company’s independent registered public accounting firm.”
Earnings Releases

Digital Brands Group, Inc. reported first quarter fiscal 2023 results: revenue approximately $5.0 million.

“On May 4, 2023, Digital Brands Group, Inc. issued a press release announcing that it expects first quarter fiscal 2023 revenues to be approximately $5.0 million, an increase of 46.5%.”
Earnings Releases

Digital Brands Group, Inc. reported fourth quarter ended December 31, 2022 results: revenue $3.4, net income $15.8 million, or $20.46 per share, EPS $20.46 per share.

“Net revenues were $3.4 in the fourth quarter of 2022 compared to $4.0 million a year ago”
Earnings Releases

Digital Brands Group, Inc. reported fiscal year ended December 31, 2022 results: revenue $14.0 million, net income $38.0 million, or $49.32 per share, EPS $49.32 per share.

“Net revenues for fiscal 2022 increased 84.2% to $14.0 million compared to $7.6 million in 2021”
Material Agreements

Digital Brands Group, Inc. entered into Securities Purchase Agreement with various purchasers valued at aggregate principal amount of $2,208,750 (effective 2023-04-07).

“On April 7, 2023, Digital Brands Group, Inc. (the “Company”) and various purchasers (the “Investors”) executed a Securities Purchase Agreement (the “SPA”) whereby the Investors purchased from the Company 20% Original Issue Discount (the “OID”) promissory notes (the “Notes”) in the aggregate principal amount of $2,208,750 (with an aggregate subscription amount of $1,800,000).”
Material Agreements

Digital Brands Group, Inc. entered into Securities Purchase Agreement with various purchasers valued at $2,208,750 (effective 2023-04-07).

“On April 7, 2023, Digital Brands Group, Inc. (the “Company”) and various purchasers (the “Investors”) executed a Securities Purchase Agreement (the “SPA”) whereby the Investors purchased from the Company 20% Original Issue Discount (the “OID”) promissory notes (the “Notes”) in the aggregate principal amount of $2,208,750 (with an aggregate subscription amount of $1,800,000).”
Material Agreements

Digital Brands Group, Inc. entered into Securities Purchase Agreement with a certain accredited investor valued at aggregate gross proceeds from the Private Placement of approximately $5 million (effective 2023-01-11).

“On January 11, 2023, Digital Brands Group, Inc., a Delaware corporation (the “Company”), entered into a Securities Purchase Agreement (the “Purchase Agreement”) with a certain accredited investor (the “Investor”)”
M&A Transactions

Digital Brands Group, Inc. completed an acquisition involving Sundry (Sunnyside, LLC) for $7.5 million in cash, $5.5 million in promissory notes, and $1.0 million in shares of common stock (closed 2022-12-30).

“and Sundry. Pursuant to the Agreement, Sellers, as the holders of all of the outstanding membership interests of Sundry, exchanged all of such membership interests for (i) $7.5 million in cash, (ii) $5.5 million in promissory notes of the Company (the “Notes”), and (iii) a number of shares of common stock of the Company equal to $1.0 million (the “Shares”),”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.