From GlobeNewswire: 2025-02-13 21:47:00

Digital Brands Group, Inc. announces the pricing of its public offering of 11.36 million units, each including common stock and/or pre-funded warrant, plus two common stock purchase warrants, at a price of $0.66 per unit, totaling expected gross proceeds of $7.5 million. The offering is expected to close on February 18, 2025, and is being conducted through a registration statement on Form S-1. RBW Capital Partners LLC is the exclusive placement agent for the offering, with legal counsel provided by Anthony Linder Cacomanolis PLLC and Sichenzia Ross Ference Carmel LLP. (Word count: 77)

Digital Brands Group offers a variety of apparel through multiple brands on a direct-to-consumer and wholesale basis. The company focuses on owning the customer’s “closet share” by using data and purchase history to create personalized content. The press release contains forward-looking statements and potential risks related to financial results. For more information, contact CEO Hil Davis at [email protected] or (800) 593-1047. (Word count: 55)



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