DBGI Announces Closing of Exercise of Warrants for $3.2 Million in Gross Proceeds
Digital Brands Group, Inc. (DBGI)
Company Research
Source: GlobeNewswire
Austin, TX, May 07, 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 closing of its previously announced exercise in cash of certain outstanding warrants to purchase an aggregate of 1,027,750 shares of the Company’s common stock, originally issued by the Company on September 5, 2023, at a reduced exercise price of $3.13 per share. The shares of common stock issuable upon exercise of the warrants are registered pursuant to an effective registration statement on Form S-1 (File No. 333-274563). H.C. Wainwright & Co. acted as the exclusive placement agent for the offering. In consideration for the immediate exercise of the warrants for cash, the Company issued new unregistered Series A-1 warrants to purchase up to 1,027,750 shares of common stock and new unregistered Series B-1 warrants to purchase up to 1,027,750 shares of common stock. The n
Show less
Read more
Impact Snapshot
Event Time:
DBGI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DBGI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DBGI alerts
High impacting Digital Brands Group, Inc. news events
Weekly update
A roundup of the hottest topics
DBGI
News
- Infinant Acquires Figure Pay's Card Processing Technology to Strengthen Digital Payment Capabilities for Banks [Yahoo! Finance]Yahoo! Finance
- Digital Brands Group reports decreased net loss in Q1 FY24 [Yahoo! Finance]Yahoo! Finance
- Digital Brands Group Reports First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Digital Brands Group Reports First Quarter 2024 Financial ResultsGlobeNewswire
- Digital Brands Group to Report First Quarter 2024 Financial Results on Monday, May 20, 2024 [Yahoo! Finance]Yahoo! Finance
DBGI
Sec Filings
- 6/13/24 - Form 424B3
- 6/12/24 - Form EFFECT
- 6/7/24 - Form 8-K
- DBGI's page on the SEC website