{"url_path":"/sec/dbgi/8-k/2026-07-08/item-8-01","section_key":"item-8-01","section_title":"Item 8.01 **","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-08","source_url":"https://www.sec.gov/Archives/edgar/data/1668010/0001493152-26-032469-index.html","accession_number":"0001493152-26-032469","cik":"0001668010","ticker":"DBGI","issuer_name":"Digital Brands Group, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1668010/0001493152-26-032469-index.html","primary_entity_key":"0001668010","primary_entity_name":"Digital Brands Group, Inc."},"word_count":451,"has_tables":true,"body_markdown":"**Item\n8.01**\n**Other\nEvents.**\n\n \n\nOn\nJuly 6, 2026, Digital Brands Group, Inc. (the “Company”) announced that it has retained the law firm of Christian Attar,\na market manipulation and naked short litigation firm located in Houston, Texas, to investigate potential naked short selling and other\nmarket manipulation of the Company’s common stock.\n\n \n\nIn\nJune 2026, the Company engaged Shareholder Intelligence Services, LLC (“ShareIntel”) to support efforts to investigate and\naddress potentially illegal trading activity, including suspected naked short selling and market manipulation involving the Company’s\ncommon stock. ShareIntel will track shareholder data, including share ownership, purchases, sales, and custody by individuals, institutions,\nbroker-dealers, clearing agents, and custodians.\n\n \n\nThe\ndecision to retain outside counsel and engage ShareIntel follows an internal review of trading patterns that raised concerns regarding\npotential violations of securities laws. The suspected violations include, among other things: naked shorting, spoofing, market manipulation,\ncollusion, acting in concert, multiple violations of the 4.99% beneficial ownership threshold rule, the use of foreign silent partners\nas nominees, and transfer agent discrepancies.\n\n \n\nThe\nCompany has stated that it intends to thoroughly investigate and, if warranted, aggressively pursue through counsel any party responsible\nfor losses to the Company or its shareholders. The Company and its legal team intend to provide all evidence gathered to the appropriate\nauthorities, including the U.S. Department of Justice, the U.S. Securities and Exchange Commission, and the Ontario Securities Commission.\n\n \n\nA\ncopy of the press release issued by the Company on July 6, 2026 is attached hereto as Exhibit 99.1 and is incorporated herein by reference.\n\n \n\n**Forward-Looking\nStatements**\n\n \n\nThis\nCurrent Report on Form 8-K contains “forward-looking statements” within the meaning of the Private Securities Litigation\nReform Act of 1995. Forward-looking statements include, without limitation, statements regarding the Company’s plans to investigate\npotential illegal trading activity, its intent to pursue legal action, and its intent to provide evidence to regulatory authorities.\nThese statements are based on the Company’s current expectations and involve risks and uncertainties that could cause actual results\nto differ materially from those expressed or implied in such forward-looking statements.\n\n \n\nFactors\nthat could cause actual results to differ materially include, but are not limited to: the outcome of any investigation or legal proceedings;\nthe ability to identify and prove alleged illegal trading activity; the responses of regulatory authorities; changes in applicable laws\nand regulations; general market and economic conditions; and other risks and uncertainties described in the Company’s filings with\nthe Securities and Exchange Commission, including the Company’s most recent Annual Report on Form 10-K and subsequent Quarterly\nReports on Form 10-Q.\n\n \n\nThe\nCompany undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events,\nor otherwise, except as required by law."}