Corporate ActionApr 20, 2026, 04:37 PM

DBGI Amends Warrant Deal, Expects $2.5M by May 31

AI Summary

Digital Brands Group, Inc. (DBGI) amended its agreement with four warrant holders, accelerating the exercise of 946,970 New Warrants at $0.66 per share. This amendment, effective April 14, 2026, sets a new exercise deadline of May 31, 2026. The company anticipates receiving approximately $2.5 million in proceeds from these exercises, providing a capital infusion.

Key Highlights

Warrant agreement amended effective April 14, 2026.
Four holders to exercise 946,970 New Warrants at $0.66/share.
Exercise deadline accelerated to May 31, 2026.
Company expects $2.5 million in proceeds from exercises.

View SEC Filing

DBGI

Clothing/Shoe/Accessory Stores

Digital Brands Group, Inc.

Price Impact