--- title: "Digital Brands Group Strikes 180-Day Lock-Up With Majority Series D Holder Amid Floor Price Reset" type: "News" locale: "en" url: "https://longbridge.com/en/news/293076767.md" description: "Digital Brands Group (DBGI) signed an 180-day lock-up and leak-out agreement with the majority holder of its Series D Convertible Preferred Stock, effective July 17, 2026. The holder agreed to limit daily share sales to 3% of trading volume to support a reset of the conversion floor price. This measure aims to stabilize trading dynamics during the implementation of revised floor price mechanics." datetime: "2026-07-17T21:33:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293076767.md) - [en](https://longbridge.com/en/news/293076767.md) - [zh-HK](https://longbridge.com/zh-HK/news/293076767.md) generator: "portal-rs" --- # Digital Brands Group Strikes 180-Day Lock-Up With Majority Series D Holder Amid Floor Price Reset Digital Brands Group entered into a Lock-Up and Leak-Out Agreement with the majority holder of its Series D Convertible Preferred Stock to support a reset of the conversion floor price. For 180 days from July 17, 2026, the holder agrees not to sell common shares except under a leak-out that limits daily sales to 3% of trading volume, subject to the company's waiver. The company expects the restrictions to stabilize trading dynamics while it implements the revised floor price mechanics. **Agreement details:** - **Agreement type**: 180-day lock-up and leak-out agreement related to Series D preferred - **Counterparty**: Majority Holder of Series D Convertible Preferred Stock - **Signed / Effective**: Jul 17 2026 / Jul 17 2026 - **Duration / Termination**: 180 days - **Reason**: Facilitate floor price reset for Series D conversions Original SEC Filing: Digital Brands Group, Inc. \[ DBGI \] - 8-K - Jul. 17, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [DBGI.US](https://longbridge.com/en/quote/DBGI.US.md) ## Related News & Research - [Digital Brands Group secures $3.3M guaranteed cash flow for Q4 2026 from two-market tranche](https://longbridge.com/en/news/297820848.md) - [Digital Brands Group Executes Binding $3.3 Million in Guaranteed Cash From September Through December 2026 | DBGI Stock News](https://longbridge.com/en/news/297658349.md) - [Americold Realty Trust declares Q3 2026 dividend of R$ 0.27 per unit](https://longbridge.com/en/news/297823075.md) - [Masco declares R$ 1.13 per unit distribution for Q3 2026](https://longbridge.com/en/news/297683075.md) - [Gold Fields announces BRL 2.02 per unit dividend for 2H 2026](https://longbridge.com/en/news/297822600.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**