Digital Brands Group, Inc. 8-K Report: Key Insights on Stock and Warrants

Based on the provided section of the financial report, here are the key insights:

1. Entity Information:

• Company Name: Digital Brands Group, Inc.
• CIK Number: 0001668010
• SEC File Number: 001-40400
• Tax ID: 46-1942864
• Address: 1400 Lavaca Street, Austin, TX 78701
• Contact: (209) 651-0172

2. Filing Type: 8-K

• Filing Date: December 16, 2024

3. Stock Information:

• Common Stock:
• • Par Value: $0.0001
  • Ticker Symbol: DBGI
  • Exchange: NASDAQ
• Warrants:
• • Description: Each warrant is exercisable to purchase one share of common stock.
  • Ticker Symbol: DBGIW
  • Exchange: NASDAQ

4. Stock and Warrant Details:

• The report indicates the existence of common stock and warrants, with the common stock having a par value of $0.0001. Each warrant allows the holder to purchase one share of common stock.

5. Contextual Dates:

• The report specifies a single date context (December 16, 2024), indicating it is likely a snapshot of financial or corporate status as of this date.

Insights:

• The firm is publicly listed on NASDAQ, which suggests it is subject to SEC regulations and reporting requirements.
• The low par value of the common stock may indicate a strategy to attract retail investors or facilitate future capital raises without diluting existing shares significantly.
• The existence of warrants can provide additional financing options and may indicate growth potential, as they are typically issued as part of financing arrangements to incentivize investment.
• The filing type (8-K) suggests that the information disclosed may pertain to significant events affecting the company, which may be important for investors to monitor.

Overall, the information extracted from the filing highlights important aspects of Digital Brands Group's equity structure and corporate status as of December 16, 2024.