Target #08Nasdaq: DBGIApparel brand portfolioUnited States
DBGI
Digital Brands Group, Inc.
$0.627810.31%USD · Nasdaq, delayed
// Intel
Key numbers
Market cap$586.1K
Volume299,970
52-week high$720.00
52-week low$0.4904
From 52w high-99.91%
Shares (implied)933,509
1% stake costs$5.9K
Rank#8 smallest of 10
// Profile
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 a target
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 ladderDBGI
- 1%Top holder$5.9KTop-holder list on most micro-caps
- 5%13D filed$29.3KSchedule 13D/13G beneficial-owner filing
- 10%Insider$58.6KSection 16 insider status
- 50.1%Control$293.6KMajority control of the vote
Costs at the last price, before market impact.
// In play