• Digital Brands Group entered a securities purchase agreement with 1800 Diagonal Lending for a promissory note with $238,050 principal, including a $13,050 original issue discount.
• Cash proceeds totaled $207,000 before fees; the lender may provide additional tranches of up to $1.02 million over 12 months.
• The note requires nine monthly payments of $29,624 starting July 15, 2026; maturity is March 15, 2027.
• On default, the amount due rises to 150% of outstanding principal and accrued interest; default interest is 22% per year.
• The lender can convert at 61% of the lowest closing bid over the prior 10 trading days, capped at 4.99% ownership and 19.99% issuance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Digital Brands Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-028546), on June 15, 2026, and is solely responsible for the information contained therein.