Dividends & Buybacks ·
On July 15, 2026, the board of directors approved a 1-for-40 reverse stock split of the company's common stock to…
DBGIDigital Brands Group, Inc.
On July 15, 2026, the board of directors approved a 1-for-40 reverse stock split of the company's common stock to increase the closing bid price above $1.00 and maintain Nasdaq compliance. The split becomes effective at 12:01 a.m. ET on July 24, 2026, reducing the authorized share count from 1,000,000,000 to 25,000,000 and the outstanding shares from approximately 23 million to approximately 575,000. Proportionate adjustments will be applied to equity awards, warrants, and convertible preferred stock. The par value remains $0.0001 per share. Digital Brands Group operates in the eCommerce and fashion industry, offering apparel through direct-to-consumer and wholesale channels.