Digital Brands Group, Inc. — fact timeline

Digital Brands Group, Inc. entered into Registration Rights Agreement with the Investors (effective 2022-12-29).

“In addition, the Company entered into a Registration Rights Agreement with the Investors, dated December 29, 2022 (the "RRA").”

Digital Brands Group, Inc. entered into Securities Purchase Agreement with various purchasers (the "Investors") valued at $4,000,000 (effective 2022-12-29).

“On December 29, 2022, 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 $4,000,000 (with an aggregate subscription amount of $3,200,000).”

Digital Brands Group, Inc. entered into Placement Agency Agreement with H.C. Wainwright & Co., LLC (effective 2022-11-29).

“On November 29, 2022 and in connection with the Offering, the Company entered into a placement agency agreement (the “Placement Agency Agreement”) with H.C. Wainwright & Co., LLC (“Wainwright”), pursuant to which Wainwright agreed to serve as the exclusive placement agent for the issuance and sale of securities of the Company pursuant to the Purchase Agreement.”

Digital Brands Group, Inc. entered into Securities Purchase Agreement with the Investors valued at approximately $10 million (effective 2022-11-29).

“On November 29 , 2022, Digital Brands Group, Inc., a Delaware corporation (the “Company”), entered into a Securities Purchase Agreement (the “Purchase Agreement”) with investors (the “Investors”), pursuant to which the Company agreed to issue and sell, in an offering (the “Offering”), (i) an aggregate of 168,000 shares (the “Shares”) of the Company’s common stock, par value $0.0001 per share (“Common Stock”), and accompanying Class B Warrants (the “Class B Warrants”) to purchase 168,000 shares of Common Stock and accompanying Class C Warrants (the “Class C Warrants”) to purchase 168,000 shares of Common Stock, at a combined public offering price of $5.50 per share and Class B Warrant and Class C Warrant, and (ii) 1,650,181 pre-funded warrants (the “Pre-Funded Warrants” and together with the Class B Warrants and the Class C Warrants, the “Warrants” and together with the Shares and the shares of Common Stock underlying the Warrants, the “Securities”) exercisable for 1,650,181 shares of C”

Lucy Doan was appointed as Director at Digital Brands Group, Inc..

“On November 8, 2021, Digital Brands Group, Inc. (the “Company”) appointed Lucy Doan to its Board of Directors (“Board”).”

Moise Emquies resigned as Director at Digital Brands Group, Inc..

“On September 8, 2021, Mr. Moise Emquies notified Digital Brands Group, Inc., (the “Company” or “DBG”), of his decision to resign, effective September 8, 2021, from the Company’s Board of Directors (the “Board”).”