Digital Manufacturers Group (NASDAQ:DBGI) priced its public providing of an mixture of 30M shares at a public providing worth of $0.10 per share.
The gross proceeds from the providing are anticipated to be $3M.
Internet proceeds for use for of the providing for working capital, basic company functions, and the reimbursement of debt.
The providing is anticipated to shut on October 30, 2024.
The inventory worth dropped 6.9% on Monday throughout after hours of buying and selling.