Digital Brands Group Announces 1-for-40 Reverse Stock Split to Solidify Continued Nasdaq Compliance; Reduces Outstanding Common Stock Float To Approximately 557,000 Shares
DBGI Corp. (NASDAQ:DBGI) (the Company), a publicly traded company specializing in eCommerce and fashion, today announced to solidify its long-term market footing, that it will effect a 1-for-40 reverse stock split (the Reverse Stock Split) of its common stock, par value $0.0001 per share (Common...