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Digital Brands Group (DBGI) has issued an announcement.
On May 7, 2024, a company announced the successful closing of specific transactions, issuing various warrants and shares without the typical registration, by utilizing exemptions under the Securities Act. The details of the transactions, which are not considered filed under the Exchange Act nor admitted as material, can be found in the attached press release. This strategic move allows the company to streamline its financing activities while staying compliant with securities regulations.
For a thorough assessment of DBGI stock, go to TipRanks’ Stock Analysis page.
