{"id":990191,"date":"2026-08-05T08:34:15","date_gmt":"2026-08-05T12:34:15","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/digital-brands-group-announces-receipt-of-77-58-per-share-all-cash-proposal\/"},"modified":"2026-08-05T08:34:15","modified_gmt":"2026-08-05T12:34:15","slug":"digital-brands-group-announces-receipt-of-77-58-per-share-all-cash-proposal","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/digital-brands-group-announces-receipt-of-77-58-per-share-all-cash-proposal\/","title":{"rendered":"Digital Brands Group Announces Receipt of $77.58 Per Share All Cash Proposal"},"content":{"rendered":"

<\/p>\n

Digital Brands Group Announces Receipt of $77.58 Per Share All Cash Proposal<\/b><\/p>\n

Proposal Received Amid Active Review of Strategic Alternatives Assisted by Recently Retained Financial Advisor<\/i><\/p>\n

AUSTIN, Texas–(BUSINESS WIRE<\/a>)–Digital Brands Group, Inc. (\u201cDBG\u201d or the \u201cCompany\u201d) (NASDAQ: DBGI)<\/b>,a publicly traded company specializing in apparel and e-commerce, today confirmed that, in connection with its ongoing review of strategic alternatives and following the recent expansion of its landmark government contract to $165 million, the Company has received a proposal from an existing shareholder with a net worth over a billion dollars to acquire all outstanding shares of common stock for $77.58 per share in cash.<\/p>\n

\nThe proposal represents a premium of approximately 258% over the Company’s current trading price of $21.63.<\/p>\n

\nThe Board of Directors, in close consultation with its recently retained financial advisor, will carefully evaluate the proposal to determine the course of action that is in the best interests of the Company and its shareholders.<\/p>\n

\nThe Company cautions its shareholders and others considering trading in its securities that the Board of Directors recently received the proposal and has not made any decision with respect to the Company\u2019s response. There can be no assurance that any agreement will be executed, or that this or any other transaction will be approved or consummated. Digital Brands Group has not set a deadline or definitive timeline for the completion of this evaluation. The Company does not intend to comment further unless and until its Board of Directors has approved a specific course of action or the Company has otherwise determined that further disclosure is appropriate or necessary.<\/p>\n

About Digital Brands Group, Inc.<\/b><\/p>\n

\nDigital Brands Group, Inc. (NASDAQ: DBGI) operates a curated portfolio of luxury and lifestyle apparel brands, leveraging a digitally native e-commerce ecosystem and selective wholesale distribution channels to drive direct-to-consumer scale, sustainable customer acquisition, and long-term brand equity.<\/p>\n

Forward-looking Statements<\/i><\/b><\/p>\n

\nCertain statements included in this release are “forward-looking statements” within the meaning of the federal securities laws. Forward-looking statements are made based on our expectations and beliefs concerning future events impacting DBG and therefore involve several risks and uncertainties. These statements are based on current expectations and assumptions and are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ include, without limitation: the possibility that the strategic review process may not result in any transaction; the disruptive impact of the review on the Company\u2019s business, operations, employees, and other counterparties; the timing and structure of any potential transaction. You can identify these statements by the fact that they use words such as \u201cwill,\u201d \u201canticipate,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cshould,\u201d and \u201cmay\u201d and other words and terms of similar meaning or use of future dates, however, the absence of these words or similar expressions does not mean that a statement is not forward-looking. All statements regarding DBG\u2019s plans, objectives, projections and expectations relating to DBG\u2019s operations or financial performance, and assumptions related thereto are forward-looking statements. We caution that forward-looking statements are not guarantees and that actual results could differ materially from those expressed or implied in the forward-looking statements. DBG undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Potential risks and uncertainties that could cause the actual results of operations or financial condition of DBG to differ materially from those expressed or implied by forward-looking statements include, but are not limited to: risks arising from the level of consumer demand for apparel and accessories; DBG\u2019s ability to add and retain strategic partners and customers; disruption to DBGs distribution system; the financial strength of DBG\u2019s customers; fluctuations in the price, availability and quality of raw materials and contracted products; disruption and volatility in the global capital and credit markets; DBG\u2019s response to changing fashion trends, evolving consumer preferences and changing patterns of consumer behavior; intense competition from online retailers; manufacturing and product innovation; increasing pressure on margins; DBG\u2019s ability to implement its business strategy; DBG\u2019s ability to grow its wholesale and direct-to-consumer businesses; retail industry changes and challenges; DBG\u2019s and its vendors\u2019 ability to maintain the strength and security of information technology systems; the risk that DBG\u2019s facilities and systems and those of our third-party service providers may be vulnerable to and unable to anticipate or detect data security breaches and data or financial loss; DBG\u2019s ability to properly collect, use, manage and secure consumer and employee data; stability of DBG\u2019s manufacturing facilities and foreign suppliers; continued use by DBG\u2019s suppliers of ethical business practices; DBG\u2019s ability to accurately forecast demand for products; continuity of members of DBG\u2019s management; DBG\u2019s ability to protect trademarks and other intellectual property rights; possible goodwill and other asset impairment; DBG\u2019s ability to execute and integrate acquisitions; changes in tax laws and liabilities; legal, regulatory, political and economic risks; adverse or unexpected weather conditions; DBG’s indebtedness and its ability to obtain financing on favorable terms, if needed, could prevent DBG from fulfilling its financial obligations; and climate change and increased focus on sustainability issues. More information on potential factors that could affect DBG\u2019s financial results is included from time to time in DBG\u2019s public reports filed with the SEC, including DBG\u2019s Annual Report on Form 10-K, and Quarterly Reports on Form 10-Q, and Curren Reports on Forms8-K filed or furnished with the U.S. Securities and Exchange Commission.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260805352173\/en\/<\/a><\/span><\/p>\n

Investor Relations Contact:
\n<\/b>
Digital Brands Group, Inc.
\n
Investor Relations Department
\n
Email: invest@digitalbrandsgroup.co<\/a><\/p>\n

KEYWORDS:<\/b> Texas United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Fashion Footwear Retail Luxury Technology Electronic Commerce<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

Digital Brands Group Announces Receipt of $77.58 Per Share All Cash Proposal Proposal Received Amid Active Review of Strategic Alternatives Assisted by Recently Retained Financial Advisor AUSTIN, Texas–(BUSINESS WIRE)–Digital Brands Group, Inc. (\u201cDBG\u201d or the \u201cCompany\u201d) (NASDAQ: DBGI),a publicly traded company specializing in apparel and e-commerce, today confirmed that, in connection with its ongoing review of strategic alternatives and following the recent expansion of its landmark government contract to $165 million, the Company has received a proposal from an existing shareholder with a net worth over a billion dollars to acquire all outstanding shares of common stock for $77.58 per share in cash. The proposal represents a premium of approximately 258% over the Company’s current trading price of $21.63. The … <\/p>\n

Continue reading “Digital Brands Group Announces Receipt of $77.58 Per Share All Cash Proposal”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-990191","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nDigital Brands Group Announces Receipt of $77.58 Per Share All Cash Proposal - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/digital-brands-group-announces-receipt-of-77-58-per-share-all-cash-proposal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Digital Brands Group Announces Receipt of $77.58 Per Share All Cash Proposal - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Digital Brands Group Announces Receipt of $77.58 Per Share All Cash Proposal Proposal Received Amid Active Review of Strategic Alternatives Assisted by Recently Retained Financial Advisor AUSTIN, Texas–(BUSINESS WIRE)–Digital Brands Group, Inc. (\u201cDBG\u201d or the \u201cCompany\u201d) (NASDAQ: DBGI),a publicly traded company specializing in apparel and e-commerce, today confirmed that, in connection with its ongoing review of strategic alternatives and following the recent expansion of its landmark government contract to $165 million, the Company has received a proposal from an existing shareholder with a net worth over a billion dollars to acquire all outstanding shares of common stock for $77.58 per share in cash. The proposal represents a premium of approximately 258% over the Company’s current trading price of $21.63. 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