Digital Brands (DBGI) Group has submitted an application to list its common stock on a national securities exchange. “We believe that an uplisting to a national securities exchange is the next logical step in our growth journey,” stated Hil Davis, CEO of Digital Brands Group. “Yesterday we closed a $7.5 million capital raise, which significantly bolsters the balance sheet. We will invest in other growth initiatives, including but not limited to, Tik Tok Live, digital marketing, and influencer partnerships, which we have experienced early success with. We believe that the ability to deploy capital into these successful growth drivers should enable us to expand and broaden our current successful results.”
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