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AUSTIN, Texas--(BUSINESS WIRE)---- $DBGI #DBG--Digital Brands Group, Inc. (“DBG” or the “Company”) (NASDAQ: DBGI), a publicly traded company specializing in apparel and e-commerce, today announced that the Company has achieved a major financial turnaround and forecasts positive cash flow starting September driven by the collegiate program. "September marks a major financial turning point for us. Our collegiate program is leading the way, and the expanding government contracts will build on that momentum," sai.
AUSTIN, Texas--(BUSINESS WIRE)---- $DBGI #DBG--Digital Brands Group, Inc. (“DBG” or the “Company”) (NASDAQ: DBGI), a publicly traded company specializing in apparel and e-commerce, today confirmed that, in connection with its ongoing review of strategic alternatives and following the recent expansion of its landmark government contract to $165 million, the Company has received a proposal from an existing shareholder with a net worth over a billion dollars to acquire all outstanding shares of common stock for.
AUSTIN, Texas--(BUSINESS WIRE)---- $DBGI #DBG--Digital Brands Group, Inc. (“Digital Brands Group,” “DBG” or the “Company”) (NASDAQ: DBGI), a publicly traded company specializing in apparel and e-commerce, today announced that the Company has initiated a review of strategic alternatives in order to explore ways to maximize shareholder value. As part of this process, the Company will evaluate a range of potential alternatives including a sale of the Company, a merger, or another strategic or financial transacti.
Digital Brands Group Inc. (NASDAQ:DBGI) shares traded lower Monday despite the company expanding its secured U.S. program by 32% to $165 million.
AUSTIN, Texas--(BUSINESS WIRE)---- $DBGI #DBG--Digital Brands Group, Inc. (“DBG” or the “Company”) (NASDAQ: DBGI), a publicly traded company specializing in apparel and e-commerce, today announced that following its 1-for-40 stock consolidation, the Company reports an increase in its secured U.S. Program to $165 million, a 32% increase. This expansion is driven by the addition of new apparel and footwear categories. Based on the Company's consolidated post-split share structure of approximately 575,000 common.
AUSTIN, Texas--(BUSINESS WIRE)---- $DBGI #DBG--DBGI Corp. (NASDAQ:DBGI), a publicly traded company specializing in data-driven apparel and e-commerce portfolios, today announced a dual-engine growth catalyst engineered to drive near-term scale and maximize shareholder value: Strategic Board Appointment: E-commerce growth veteran David Sosnowski joins the Board of Directors. Commercial Footprint Expansion: The Company's breakout collegiate licensing program under the AVO brand has aggressively scaled from 1 to.
AUSTIN, Texas--(BUSINESS WIRE)---- $DBGI #DBG--DBGI Corp. (NASDAQ:DBGI) (the “Company”), a publicly traded company specializing in eCommerce and fashion, today announced to solidify its long-term market footing, that it will effect a 1-for-40 reverse stock split (the “Reverse Stock Split”) of its common stock, par value $0.0001 per share (“Common Stock”).The Reverse Stock Split is intended to increase the closing bid price of the Common Stock above $1.00 per share, and to enable the Company to manage continued.
Digital Brands Group, Inc. (âDBGâ or the âCompanyâ) (NASDAQ: DBGI),a publicly traded company specializing in apparel and e-commerce, today announced tha