UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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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.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit Number |
Description | |
| 99.1 | Press Release dated August 3, 2026 | |
| 99.2 | Press Release dated August 5, 2026 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| DIGITAL BRANDS GROUP, INC. | ||
| Date: August 6, 2026 | By: | /s/ John Hilburn Davis IV |
| Name: | John Hilburn Davis IV | |
| Title: | President and Chief Executive Officer | |