Its Second University Launched Under Its NIL Strategic Initiative in the $36.4 Billion Global Licensed Sports Merchandise Market Austin, Texas, Dec. 17, 2025 (GLOBE NEWSWIRE) -- DBGI Corp. (Ticker: [NASDAQ:DBGI] a publicly traded company specializing in eCommerce and Fashion today announced its first activation AVO clothing activation at the University of Mississippi for the home playoff game featuring the Tulane Green Wave vs. The Ole Miss Rebels this Saturday, December 20th in Oxford, MS. The first Ole M ...

Core Viewpoint - Digital Brands Group, Inc. has amended its PIPE Financing to include an additional investment of approximately $1,500,000, enhancing its capital structure and providing further funding for its operations [1][3]. Group 1: PIPE Financing Details - The Company entered into a Securities Purchase Agreement on August 8, 2025, for the sale of up to 14,031.25 shares of Series D Convertible Preferred Stock to accredited investors, convertible into common stock at a price equal to 80% of the lowest closing price over the prior five trading days [2]. - An amendment to the Purchase Agreement was made on September 23, 2025, allowing for the sale of an additional 1,875 shares of Series D Preferred Stock to an additional accredited investor, with a total cash purchase price of $1,500,000 and a stated value of $2,156,250 [3][4]. - The additional Series D Shares will have the same conversion terms as those issued at the Initial Closing, with the anticipated closing date for this transaction set for September 26, 2025 [4]. Group 2: Registration and Compliance - The securities offered in the PIPE Financing have not been registered under the Securities Act of 1933 and are only available to accredited investors, with the Company agreeing to file registration statements with the SEC for the resale of the unregistered shares [6]. - The Company has amended the Registration Rights Agreement to set a deadline of December 1, 2025, for filing the resale registration statement covering the shares of Common Stock issuable upon conversion of the Series D Preferred Stock [4]. Group 3: Company Overview - Digital Brands Group specializes in eCommerce and Fashion, offering a variety of apparel through multiple brands on both direct-to-consumer and wholesale bases, focusing on a digitally native-first vertical brand model [8].