24/7 Market News Snapshot 24 September, 2025 – Digital Brands Group, Inc. Common Stock (NASDAQ:DBGI)

September 24, 2025

DENVER, Colo., 24 September, 2025 (www.247marketnews.com) – (NASDAQ:DBGI) are discussed in this article.
Digital Brands Group, Inc. (DBGI), a prominent player in the eCommerce and fashion sectors, has recently experienced a remarkable surge in its stock price, soaring by approximately 33.67% to reach a high of $5.848 from a previous close of $4.375. This surge follows an opening price of $4.80, attracting significant investor interest with a robust trading volume of 1.27 million shares. Such momentum indicates a potential bullish trend, underscoring DBGI’s growing influence in the market.

In parallel, Digital Brands has made a strategic move to enhance its capital structure through an amendment to its private investment in public equity financing (PIPE). The company has successfully secured an additional investment of around $1.5 million, following a previously reported Securities Purchase Agreement initiated on August 8, 2025. This agreement allows for the sale of 14,031.25 shares of Series D Convertible Preferred Stock to accredited investors, thereby facilitating attractive conversion opportunities into common stock.

On September 23, 2025, the Company amended this Purchase Agreement to issue an additional 1,875 shares of Series D Preferred Stock to a new accredited investor. The total cash purchase for this financing round remains at $1.5 million, with a stated value of $2,156,250. The anticipated closing date for these shares is set for around September 26, 2025, subject to standard closing conditions.

Additionally, Digital Brands has updated its Registration Rights Agreement, establishing a deadline of December 1, 2025, for filing a resale registration statement for the new shares. This strategic financial maneuver complements the company’s ongoing commitment to innovate within its business model, focusing on personalized apparel offerings and enhancing customer engagement across its brands. As Digital Brands continues to advance its growth strategy, it aims to keep its investor community informed on key developments in the fast-evolving fashion and eCommerce landscape.

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