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Digital Brands Group Amends Preferred Stock Agreement

Story Highlights
  • Digital Brands Group closed a PIPE offering on August 13, 2025, raising $11,225,000.
  • On September 23, 2025, the company amended the agreement to issue more shares, raising an additional $1,500,000.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Digital Brands Group Amends Preferred Stock Agreement

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The latest announcement is out from Digital Brands Group ( (DBGI) ).

On August 13, 2025, Digital Brands Group, Inc. closed a private investment in public equity (PIPE) offering, issuing approximately 14,031.25 shares of Series D Convertible Preferred Stock, raising gross cash proceeds of about $11,225,000. On September 23, 2025, the company amended the original purchase agreement to issue an additional 1,875 shares of Series D Preferred Stock, bringing in an extra $1,500,000. This amendment also extended the deadline for filing a resale registration statement to December 1, 2025, and increased the stated value of the Series D Preferred Stock from $1,000 to $1,150 per share. The securities were offered only to accredited investors and were not registered under the Securities Act of 1933.

Spark’s Take on DBGI Stock

According to Spark, TipRanks’ AI Analyst, DBGI is a Neutral.

Digital Brands Group faces significant financial challenges, with declining revenues, increasing losses, and negative equity, which heavily impact the overall score. While technical indicators show mixed signals, the company’s valuation remains unattractive due to its negative P/E ratio. The earnings call and recent corporate events provide some optimism with strategic initiatives and improved financial positioning, but these are yet to significantly mitigate the financial instability and valuation concerns.

To see Spark’s full report on DBGI stock, click here.

More about Digital Brands Group

Digital Brands Group, Inc. is a publicly traded company specializing in eCommerce and fashion, offering a wide variety of apparel through numerous brands on a direct-to-consumer and wholesale basis. The company focuses on owning the customer’s ‘closet share’ by leveraging data and purchase history to create personalized targeted content and looks for specific customer cohorts.

Average Trading Volume: 214,163

Technical Sentiment Signal: Strong Sell

Current Market Cap: $30.99M

See more data about DBGI stock on TipRanks’ Stock Analysis page.

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