BITNEWS

DBGI Announces Purchase of Existing Convertible Notes and Note Conversion Extension by Holders

Austin, Texas, Feb. 13, 2026 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG” or the “Company”) (Ticker: [NASDAQ:DBGI]), a publicly traded company specializing in eCommerce and Fashion, today announced that existing holders of all of the Company’s Series D Preferred Stock (the “Series D Shares”) have advised the Company that these holders have entered into various private agreements regarding their respective ownership of, and rights with respect to, the Series D Shares (the “Shareholder Agreements”). Each Series D Share is convertible, at the discretion of the holder thereof, into shares of the Company’s common stock (the “Common Stock”) at a conversion price equal to, as of the date of a conversion, 80% of the lowest closing price of the Common Stock for each of the five trading days immediately prior to the date of such conversion.

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Published by: globenewswire

Read full article here: https://www.globenewswire.com/news-release/2026/02/14/3238391/0/en/DBGI-Announces-Purchase-of-Existing-Convertible-Notes-and-Note-Conversion-Extension-by-Holders.html