{"filing":{"accession_number":"0001493152-26-034517","cik":"0001668010","ticker":"DBGI","company_name":"Digital Brands Group, Inc.","form":"8-K","filing_date":"2026-07-24","report_date":"2026-07-23","primary_document":"form8-k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1668010/000149315226034517/form8-k.htm"},"events":[{"id":20365,"run_id":18336,"accession_number":"0001493152-26-034517","anchor_item_number":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"summary":"Digital Brands Group entered into a Securities Purchase Agreement on July 23, 2026, to issue a $3.529 million convertible promissory note and an Equity Line of Credit (ELOC) facility for up to $100 million in common stock sales. The convertible note is convertible into common stock at 90% of the lowest closing price during a five-day period, and the ELOC grants the purchaser the right to purchase up to $100 million of common stock at 95% of the lowest daily VWAP, both subject to a 19.99% beneficial ownership cap. This represents a significant dilutive equity issuance with substantial downside pricing mechanisms and a multi-year commitment period, materially affecting shareholder equity and voting power.","company_name":"Digital Brands Group, Inc.","ticker":"DBGI","filing_date":"2026-07-24","form":"8-K","submitted_at":null,"items":null}],"classifications":[{"id":19701,"accession_number":"0001493152-26-034517","item_number":null,"item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Digital Brands Group entered into a Securities Purchase Agreement on July 23, 2026, to issue a $3.529 million convertible promissory note and an Equity Line of Credit (ELOC) facility for up to $100 million in common stock sales. The convertible note is convertible into common stock at 90% of the lowest closing price during a five-day period, and the ELOC grants the purchaser the right to purchase up to $100 million of common stock at 95% of the lowest daily VWAP, both subject to a 19.99% beneficial ownership cap. This represents a significant dilutive equity issuance with substantial downside pricing mechanisms and a multi-year commitment period, materially affecting shareholder equity and voting power.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-24T16:35:37.393191+00:00","company_name":"Digital Brands Group, Inc.","ticker":"DBGI","filing_date":"2026-07-24"}]}