Dbgi announces 1-for-100 reverse stock split effective november 4, 2022

Austin, texas , oct. 26, 2022 /prnewswire/ -- digital brands group, inc. ("we", "us", "dbg"or the "company")  (nasdaq: dbgi), a curated collection of luxury lifestyle, digital-first brands, announced today, pursuant to the vote of its shareholders on october 13, 2022, a 1-for-100 (1:100) reverse split of its common stock. beginning on november 4, 2022, the company's stock will trade on the nasdaq capital market on a split adjusted basis.
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