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DBGI / Digital Brands Group Announces Closing Of Convertible Note Financing

Digital Brands Group Announces Closing Of Convertible Note Financing
AUSTIN, Texas, Oct. 5, 2021 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG" or the "Company")  (NASDAQ: DBGI), a digitally first portfolio company, today announced that is has raised gross proceeds of $1,500,000 through the issuance of a senior secured convertible promissory note (the "Note") to FirstFire Global Opportunities Fund, LLC, a Delaware limited liability company ("FirstFire"). The Note, in the principal amount of $1,575,000, bears interest at 6% per annum and is due and payable 18 months from the date of issuance, unless sooner converted. Read More
Posted: Oct 5 2021, 21:00
Author Name: PRNewsWire
Views: 103135

DBGI News  

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