DBGI Announces Exercise of Warrants for $3.2 Million in Gross Proceeds
DBGIDigital Brands Group(DBGI) Newsfilter·2024-05-03 21:18

Austin, TX, May 03, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. ("we", "us", "DBG" or the "Company") (NASDAQ:DBGI), a curated collection of luxury lifestyle, digital-first brands, today announced the entry into a definitive agreement for the immediate exercise in cash of certain outstanding warrants to purchase an aggregate of 1,027,750 shares of the Company's common stock at a reduced exercise price of $3.13 per share. The exercised warrants are comprised of Series A and Series B warrants originall ...