Digital Brands Group, Inc. announces agreements among holders of Series D Preferred Stock regarding conversion terms. Holders agree to a conversion price of 80% of the lowest closing price of Common Stock for five days prior to conversion. Some shares are subject to a Conversion Standstill until May 31, 2026. Leak-out Limitations restrict the sale of Common Stock issued upon conversion. Extending Holders grant an option to purchase shares, subject to a Leak-out provision. Company focuses on eCommerce and Fashion, offering apparel through various brands on a direct-to-consumer and wholesale basis. Forward-looking statements caution of risks and uncertainties. DBG faces potential risks and uncertainties that could impact its financial results, including disruptions to its distribution system, fluctuations in raw material prices, and intense competition from online retailers. Other factors include changes in consumer preferences, data security breaches, and climate change. The company must also consider legal, regulatory, and economic risks. DBG’s ability to grow its wholesale and direct-to-consumer businesses, protect its intellectual property, and integrate acquisitions will be critical for future success. Investors should review DBG’s public reports filed with the SEC for more information on these risk factors.

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