other material
confidence high
sentiment neutral
materiality 0.75
Digital Brands Group prices $3M public offering at $0.10 per share
Digital Brands Group, Inc.
- Pricing of 30M shares/pre-funded warrants at $0.10 per share for gross proceeds of $3M.
- Net proceeds to be used for working capital, general corporate purposes, and debt repayment.
- Offering expected to close on October 30, 2024, subject to customary conditions.
- Dominari Securities LLC acting as exclusive placement agent for the offering.