Dbg announces closing of $5.0 million private placement priced at-the-market under nasdaq rules

Austin, texas , sept. 5, 2023 /prnewswire/ -- digital brands group, inc. ("dbg" or the "company") (nasdaq: dbgi), a curated collection of luxury lifestyle, digital-first brands, today announced that it has closed its previously announced offering for the issuance and sale of 513,875 shares of common stock (or pre-funded warrants in lieu thereof) together with accompanying common stock warrants at an offering price of $9.73 per share (or pre-funded warrant) and accompanying warrants, in a private placement priced at-the-market under nasdaq rules.
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