Common Stock, par value $0.0001 per share
- Symbol
- DBGI
- Exchange
- NASDAQ
- Classification
- COMMON
Current Report · Items 8.01, 9.01 · 8-K
Digital Brands Group, Inc.
DBGINASDAQEQUITYCurrent
Other Events
Item 8.01 Other Events. Retention of Financial Advisor On August 3, 2026, Digital Brands Group, Inc. (the “Company”) announced that it has retained Roth Capital Partners (“Roth”) to formally explore take-private options to maximize shareholder value. The Company intends to provide updates to shareholders throughout the process.…
Press release in this filing
Digital Brands Group Retains Roth Capital Partners to Explore Take-Private Options →Company context
Digital Brands is a curated collection of lifestyle brands, including Bailey, DSTLD, Stateside, Sundry and Avo, that offers a variety of apparel products through direct-to- consumer and wholesale distribution. Our complementary brand portfolio provides us with the unique opportunity to cross merchandise our brands. We aim for our customers to wear our brands head to toe and to capture what we call “closet share” by gaining insight into their preferences to create targeted and personalized content specific to their cohort. Operating our brands under one portfolio provides us with the ability to better utilize our technological, human capital and operational capabilities across all brands. As a result, we have been able to realize operational efficiencies and continue to identify additional cost saving opportunities to scale our brands and overall portfolio.
Current securities
Registered securities in this filing
Digital Brands Group, Inc. · 8-K · Filed 2026-08-06
Disclosure sections
Item 8.01Item 8.01 - Other Events
Item
8.01 Other Events.
Retention
of Financial Advisor
On
August 3, 2026, Digital Brands Group, Inc. (the “Company”) announced that it has retained Roth Capital Partners (“Roth”)
to formally explore take-private options to maximize shareholder value. The Company intends to provide updates to shareholders throughout
the process. There can be no assurance that the exploration of strategic alternatives will result in any definitive offer, agreement,
or transaction being entered into, or that any transaction will be approved or consummated.
A
copy of the press release issued by the Company on August 3, 2026 is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Receipt
of Acquisition Proposal
On
August 5, 2026, the Company announced that it has received a proposal from an existing shareholder with a stated net worth in excess
of $1 billion to acquire all outstanding shares of common stock of the Company for $77.58 per share in cash (the “Proposal”).
The Proposal represents a premium of approximately 258% over the Company’s current trading price of $21.63 per share. The Proposal
was received in connection with the Company’s ongoing review of strategic alternatives.
The
Company’s Board of Directors (the “Board”) will evaluate the Proposal in consultation with the Company’s recently
retained financial advisor. No decision has been made with respect to the Company’s response to the Proposal at this time, and
no deadline or definitive timeline has been set for such a decision.
There
can be no assurance that any transaction will be consummated or that the Board will approve the Proposal or any other transaction. The
Company does not intend to comment further on the Proposal or the strategic alternatives process unless and until the Board has approved
a specific course of action or the Company otherwise determines that further disclosure is appropriate or required by law.
A
copy of the press release issued by the Company on August 5, 2026 is attached hereto as Exhibit 99.2 and is incorporated herein by reference.
Filed exhibits (2)
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Digital Brands Group Retains Roth Capital Partners to Explore Take-Private Options Austin, Texas - August 3, 2026 - Digital Brands Group, Inc. (“DBG” or the “Company”) (NASDAQ: DBGI), a publicly traded company specializing in apparel and e-commerce, today announced that the Company has retained Roth Capital Partners to formally explore take-private options to maximize shareholder value. The Company will provide updates to shareholders throughout the process. There can be no assurance that the exploration of take-private options will result in any definitive offer, that a definitive merger agreement will be executed, or that any transaction will be approved, authorized, or consummated. About Digital Brands Group, Inc. Digital Brands Group, Inc. (NASDAQ: DBGI) operates a curated portfolio of luxury and lifestyle apparel brands, leveraging a digitally native e-commerce ecosystem and selective wholesale distribution channels to drive direct-to-consumer scale, sustainable customer acquisition, and long-term brand equity. Investor Relations Contact: Digital Brands Group, Inc. Investor Relations Department Email: invest@digitalbrandsgro…
Open exhibit ↗EX-99.2 3 ex99-2.htm EX-99.2 Exhibit 99.2 Digital Brands Group Announces Receipt of $77.58 Per Share All Cash Proposal Proposal Received Amid Active Review of Strategic Alternatives Assisted by Recently Retained Financial Advisor Austin, Texas - August 5, 2026 - Digital Brands Group, Inc. (“DBG” or the “Company”) (NASDAQ: DBGI), a publicly traded company specializing in apparel and e-commerce, today confirmed that, in connection with its ongoing review of strategic alternatives and following the recent expansion of its landmark government contract to $165 million, the Company has received a proposal from an existing shareholder with a net worth over a billion dollars to acquire all outstanding shares of common stock for $77.58 per share in cash. The proposal represents a premium of approximately 258% over the Company’s current trading price of $21.63. The Board of Directors, in close consultation with its recently retained financial advisor, will carefully evaluate the proposal to determine the course of action that is in the best interests of the Company and its shareholders. The Company cautions its shareholders and others considering trading in its securities that the …
Open exhibit ↗