Digital Brands Group, Inc. (NASDAQ: DBGI), a publicly traded leader in eCommerce and fashion, has commenced trading on The Nasdaq Capital Market under its existing ticker symbol “DBGI” following a successful $11.225 million financing.
The uplisting marks a pivotal milestone for the Company, enhancing investor visibility, improving trading liquidity, and supporting long-term growth. The concurrent financing, through the issuance of Series D Convertible Preferred Stock, further strengthens the balance sheet and provides additional flexibility to advance strategic initiatives.
Digital Brands Group will continue to leverage its multi-brand, digitally native platform to deliver personalized, data-driven shopping experiences aimed at expanding customer “closet share.”
Lucosky Brookman LLP served as lead counsel to Digital Brands Group in connection with the uplisting and financing. RBW Capital Partners LLC, a division of Dawson James Securities, Inc., acted as placement agent, with Ross Carmel representing RBW.
