Digital Brands Group Enters Material Definitive Agreement
Ticker: DBGI · Form: 8-K · Filed: May 29, 2024 · CIK: 1668010
Sentiment: neutral
Topics: material-definitive-agreement
Related Tickers: DBGI
TL;DR
DBGI signed a big deal on 5/24. Details to come.
AI Summary
On May 24, 2024, Digital Brands Group, Inc. entered into a material definitive agreement. The company, formerly known as Denim LA, Inc., is incorporated in Delaware and its principal executive offices are located in Austin, TX.
Why It Matters
This filing indicates a significant new contract or partnership for Digital Brands Group, which could impact its future business operations and financial performance.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements can introduce new risks and opportunities, the nature and impact of which are not yet fully disclosed.
Key Players & Entities
- Digital Brands Group, Inc. (company) — Registrant
- Denim LA, Inc. (company) — Former company name
- May 24, 2024 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by Digital Brands Group, Inc.?
The filing does not specify the details of the material definitive agreement, only that one was entered into on May 24, 2024.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on May 24, 2024.
What was Digital Brands Group, Inc. formerly known as?
Digital Brands Group, Inc. was formerly known as Denim LA, Inc.
In which state is Digital Brands Group, Inc. incorporated?
Digital Brands Group, Inc. is incorporated in Delaware.
What is the address of Digital Brands Group, Inc.'s principal executive offices?
The principal executive offices of Digital Brands Group, Inc. are located at 1400 Lavaca Street, Austin, TX 78701.
Filing Stats: 629 words · 3 min read · ~2 pages · Grade level 11.7 · Accepted 2024-05-29 16:15:23
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 DBGI The Nasdaq Stock Market LLC
- $2,500,000 — egate principal amount of approximately $2,500,000 (the "Original Notes"), and the remaini
- $1,789,668.37 — egate principal amount of approximately $1,789,668.37 (the "Exchange Notes"). On May 24, 2024
- $500,000.00 — es, and Exchange Notes, as follows: (i) $500,000.00 on or before May 28, 2024 and (ii) $1,2
- $1,289,668.37 — 0.00 on or before May 28, 2024 and (ii) $1,289,668.37 on or before September 30, 2024. Each S
Filing Documents
- form8-k.htm (8-K) — 41KB
- ex10-1.htm (EX-10.1) — 61KB
- 0001493152-24-021788.txt ( ) — 324KB
- dbgi-20240524.xsd (EX-101.SCH) — 4KB
- dbgi-20240524_def.xml (EX-101.DEF) — 26KB
- dbgi-20240524_lab.xml (EX-101.LAB) — 36KB
- dbgi-20240524_pre.xml (EX-101.PRE) — 25KB
- form8-k_htm.xml (XML) — 5KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DIGITAL BRANDS GROUP, INC. Dated: May 29, 2024 By: /s/ John Hilburn Davis IV Name: John Hilburn Davis IV Title: President and Chief Executive Officer