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Digital Brands Group Announces Equity Surpassing $5 Million

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Digital Brands Group Announces Equity Surpassing $5 Million

Digital Brands Group ( (DBGI) ) has issued an update.

Digital Brands Group, Inc. has announced that its stockholders’ equity now exceeds $5 million as of the date of their latest report. This increase is attributed to various equity offerings and transactions conducted since September 30, 2024. The company has provided an unaudited pro forma condensed balance sheet to illustrate the impact of these events, which occurred after the close of their third fiscal quarter. These developments are significant for the company’s financial positioning and may have implications for stakeholders.

More about Digital Brands Group

YTD Price Performance: 249.67%

Average Trading Volume: 118,369

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $5.16M

Find detailed analytics on DBGI stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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