Digital Brands Group Receives Default Notice from Shakawe Capital on Convertible Note
Digital Brands Group received a written notice of default from Shakawe Capital LLC on October 29, 2026, alleging two Events of Default under a $3,529,412 unsecured convertible promissory note: failure to make a $1,000,000 scheduled partial payment due October 23, 2026, and failure to file a registration statement by August 7, 2026. The Holder asserts the Note is immediately due and payable at the Mandatory Default Amount equal to 120% of outstanding principal, accrued interest, and other amounts, with default in...
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