{"filing":{"accession_number":"0001493152-26-028546","cik":"0001668010","ticker":"DBGI","company_name":"Digital Brands Group, Inc.","form":"8-K","filing_date":"2026-06-12","report_date":null,"primary_document":"form8-k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1668010/000149315226028546/form8-k.htm"},"events":[{"id":10867,"run_id":9536,"accession_number":"0001493152-26-028546","anchor_item_number":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"summary":"The filing discloses a securities purchase agreement with 1800 Diagonal Lending for a convertible promissory note with an original issue discount and conversion rights at 61% of the lowest closing bid price over ten trading days, with potential conversion of up to 19.99% of outstanding shares. Item 3.02 explicitly addresses unregistered sales of equity securities under Section 4(a)(2) and Regulation D, and the conversion feature creates significant dilution risk to existing shareholders. This is a classic PIPE-like structure typical of distressed financing at small-cap issuers.","company_name":"Digital Brands Group, Inc.","ticker":"DBGI","filing_date":"2026-06-12","form":"8-K","submitted_at":null,"items":null}],"classifications":[{"id":7288,"accession_number":"0001493152-26-028546","item_number":null,"item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"The filing discloses a securities purchase agreement with 1800 Diagonal Lending for a convertible promissory note with an original issue discount and conversion rights at 61% of the lowest closing bid price over ten trading days, with potential conversion of up to 19.99% of outstanding shares. Item 3.02 explicitly addresses unregistered sales of equity securities under Section 4(a)(2) and Regulation D, and the conversion feature creates significant dilution risk to existing shareholders. This is a classic PIPE-like structure typical of distressed financing at small-cap issuers.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-15T10:04:06.421090+00:00","company_name":"Digital Brands Group, Inc.","ticker":"DBGI","filing_date":"2026-06-12"}]}
