Digital Brands Group Inc. announced that certain holders have exercised a total of 2,365,968 existing warrants at an exercise price of $0.66 per share, resulting in proceeds of approximately $1.54 million for the company. In return, the company will issue new warrants to purchase up to 2,408,508 shares of common stock at the same exercise price, exercisable by June 17, 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Digital Brands Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9655742-en) on February 17, 2026, and is solely responsible for the information contained therein.
Comments