Digital Brands Group Faces Delisting Concerns
Ticker: DBGI · Form: 8-K · Filed: Nov 1, 2024 · CIK: 1668010
Sentiment: bearish
Topics: delisting, listing-standards, regulatory
Related Tickers: DBGI
TL;DR
DBGI might get delisted, stock could be in trouble.
AI Summary
Digital Brands Group, Inc. filed an 8-K on November 1, 2024, reporting a notice of delisting or failure to satisfy continued listing rules. The company's principal executive offices are located at 4700 S. Boyle Ave, Vernon, CA 90058. The filing date for this report is October 28, 2024.
Why It Matters
This filing indicates potential delisting from a stock exchange, which could significantly impact the liquidity and valuation of the company's stock.
Risk Assessment
Risk Level: high — A notice of delisting directly threatens the company's ability to remain publicly traded, posing a significant risk to investors.
Key Players & Entities
- Digital Brands Group, Inc. (company) — Registrant
- 4700 S. Boyle Ave, Vernon, CA 90058 (location) — Principal executive offices
- October 28, 2024 (date) — Date of earliest event reported
- November 1, 2024 (date) — Filing date
FAQ
What specific listing rule has Digital Brands Group, Inc. failed to satisfy?
The filing does not specify the exact listing rule that has been violated, only that the company has received a notice of delisting or failure to satisfy a continued listing rule.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is October 28, 2024.
Where are Digital Brands Group, Inc.'s principal executive offices located?
The principal executive offices of Digital Brands Group, Inc. are located at 4700 S. Boyle Ave, Vernon, CA 90058.
What is the Commission File Number for Digital Brands Group, Inc.?
The Commission File Number for Digital Brands Group, Inc. is 001-40400.
Has Digital Brands Group, Inc. transferred its listing to another exchange?
The filing indicates a 'Transfer of Listing' as an item information, but does not provide details on whether this transfer has occurred or to which exchange it might be.
Filing Stats: 679 words · 3 min read · ~2 pages · Grade level 12.7 · Accepted 2024-11-01 17:00:18
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 DBGI The Nasdaq Stock Market LLC
Filing Documents
- form8-k.htm (8-K) — 38KB
- 0001493152-24-043355.txt ( ) — 255KB
- dbgi-20241028.xsd (EX-101.SCH) — 4KB
- dbgi-20241028_def.xml (EX-101.DEF) — 29KB
- dbgi-20241028_lab.xml (EX-101.LAB) — 36KB
- dbgi-20241028_pre.xml (EX-101.PRE) — 26KB
- form8-k_htm.xml (XML) — 6KB
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: November 1, 2024 By: /s/ John Hilburn Davis IV Name: John Hilburn Davis IV Title: President and Chief Executive Officer