Financing ·
Digital Brands Group, Inc. entered into a Securities Purchase Agreement on July 23, 2026, involving the issuance of a…
DBGIDigital Brands Group, Inc.
Digital Brands Group, Inc. entered into a Securities Purchase Agreement on July 23, 2026, involving the issuance of a $3,529,412 unsecured convertible promissory note to a purchaser. The note matures on January 23, 2027, with scheduled repayments of $1,000,000 in October, November, and December 2026, and a final payment of $529,412 in January 2027. Additionally, the company entered into an Equity Line of Credit (ELOC) allowing the purchaser to buy up to $100,000,000 of common stock at 95% of the applicable lowest daily VWAP or lowest traded price. Aegis Capital Corp. was engaged as the sole placement agent. Digital Brands Group, Inc. is a digital marketing and brand management company.