Digital Brands Group, Inc.

Digital Brands Group announced that CEO John Hilburn Davis IV purchased shares of the company's common stock in the open market on June 1, 2026. This marks the first time in the company's history that any insider has bought shares on the open market. The purchases reflect Mr. Davis's strong confidence in the company's fundamentals, strategic direction, and future growth prospects, demonstrating his alignment with shareholder interests and commitment to delivering value.

Digital Brands Group, Inc. announced it has received initial purchase orders for its $125 million U.S. Program. The company also expanded its partnership with Global Combat Collective (GCC), which will now include apparel and soft good revenue opportunities through GCC's digital networks, physical installations, and events. CEO Hil Davis stated these new revenue opportunities are incremental to previous guidance and are expected to create long-term shareholder value.

Digital Brands Group, Inc. reported a significant increase in net loss for the first quarter of 2026, reaching $(11.39) million, compared to $(2.09) million in the prior year. Net revenues declined by nearly 30% to $1.32 million, and the company recorded a substantial working capital deficit of $7.50 million. To address liquidity concerns, the company entered into an At-the-Market Issuance Sales Agreement to potentially raise up to $100.0 million through common stock sales.

Digital Brands Group, Inc. announced its financial guidance for fiscal year 2026, projecting revenue between $55 million and $65 million and free cash flow of $2.5 million to $3.5 million. Additionally, the company provided guidance for the period of July 1, 2026, through June 30, 2027, expecting revenue of $100 million to $115 million and free cash flow of $10 million to $12 million. This growth is primarily driven by its expanding collegiate licensing program and an apparel licensing agreement with Global Combat Collective, which has a potential aggregate contract value of up to $125 million.

Digital Brands Group, Inc. filed Amendment No. 1 to its Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The amendment was filed solely to include the company's Executive Compensation Recovery (Clawback) Policy, which was inadvertently omitted from the original filing. The policy was adopted in accordance with SEC Rule 10D-1 and NASDAQ Listing Rule 5608 and is filed as Exhibit 97.

Digital Brands Group, Inc. has entered into an At-The-Market (ATM) Issuance Sales Agreement with Aegis Capital Corp., effective April 15, 2026. This agreement allows the company to issue and sell shares of its common stock through Aegis Capital Corp. as its exclusive sales agent. The issuance and sale of shares will be conducted under the company's existing Form S-3 shelf registration statement, providing a flexible mechanism for capital raising.

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.

Digital Brands Group, Inc. (DBGI) filed its annual report on Form 10-K for the fiscal year ended December 31, 2025. The company confirmed its status as both a smaller reporting company and an emerging growth company. It also indicated that it has filed all required reports and interactive data files during the preceding 12 months.