other material
confidence high
sentiment neutral
materiality 0.50
Digital Brands Group enters $1.8M ATM offering agreement with H.C. Wainwright
Digital Brands Group, Inc.
- ATM agreement with H.C. Wainwright allows sale of up to $1,806,907 of common stock at market prices.
- Manager receives 3.0% commission on gross sales price; proceeds for general corporate purposes.
- Agreement dated December 27, 2023, under existing shelf registration (File No. 333-266486) effective Sep 2022.
- Shares sold through Nasdaq; settlement on T+2 (or T+1 after May 28, 2024).
- Either party may terminate upon 10 business days' written notice.