Aug. 27 at 6:55 PM
$DBGI Tell me u were just joking ; )
Digital Brands Group Announces Receipt of
$77.58 Per Share All Cash Proposal
2026-08-05 05:18 ET - News Release
Proposal Received Amid Active Review of Strategic Alternatives Assisted by Recently Retained Financial Advisor
AUSTIN, Texas -- (Business Wire)
Digital Brands Group, Inc. (“DBG” or the “Company”) (NASDAQ: DBGI),a publicly traded company specializing in apparel and e-commerce, today confirmed that, in connection with its ongoing review of strategic alternatives and following the recent expansion of its landmark government contract to
$165 million, the Company has received a proposal from an existing shareholder with a net worth over a billion dollars to acquire all outstanding shares of common stock for
$77.58 per share in cash.