other material
confidence high
sentiment neutral
materiality 0.60
DBGI prices $7.5M public offering of common stock and warrants
Digital Brands Group, Inc.
- Offering of 11.36 million units at $0.66 per unit, including common stock/pre-funded warrants plus two warrants.
- Gross proceeds of $7.5 million before fees and expenses.
- Proceeds for working capital, general corporate purposes, and debt repayment.
- Expected close on February 18, 2025, subject to customary conditions.
- RBW Capital Partners (Dawson James Securities) is placement agent.