other material
confidence high
sentiment neutral
materiality 0.65
Digital Brands Group enters ATM agreement for up to $100M in common stock with Aegis Capital
Digital Brands Group, Inc.
- Up to $100M aggregate offering price of common stock through Aegis Capital as sales agent.
- Sales agent fee is 2% of gross proceeds per sale.
- Shares offered via at-the-market offering under existing shelf registration; prospectus supplement filed.
- One-third volume limitation applies if non-affiliate market cap remains below $75M.