NASDAQ: DBGI#8 smallestApparel brand portfolioUnited States
Digital Brands Group, Inc.
$0.700025.07%USD · Nasdaq, delayed
Key statistics
Market cap$653.5K
Volume437,760
52-week high$720.00
52-week low$0.4904
From 52-week high-99.90%
Shares (implied)933,509
1% stake costs$6.5K
Listing config4bWZb…fiSce ↗
About Digital Brands
Texas-based owner of lifestyle apparel brands (Bailey 44, DSTLD, Stateside, Sundry and Avo), sold direct-to-consumer, in store and through selective wholesale.
Why it’s listed
Five consumer brands with their own customers, under a market cap of about $0.65M. Brands are the easiest asset for a community to rally around, and an owner community can also be the customer base.
Main risk
On October 29 a noteholder declared default on a $3.53M convertible note over a missed $1M payment. It had a $12.9M working-capital deficit and $1.4M of cash at June 30.
The bid
LIVERaised
…
SOL
Stake funded
0%
- 1% stake$6.5KTop-holder list on most micro-caps
- 5% stake$32.7KSchedule 13D/13G beneficial-owner filing
- 10% stake$65.3KSection 16 insider status
- 50.1% stake$327.4KMajority control of the vote
Costs at the last price, before market impact.