Latest news with #DigitalBrandsGroup
Business Journals
04-07-2025
- Business
- Business Journals
A financial look at Austin's 45 public companies
The 2025 list of Austin-area public companies is open to firms with local headquarters. The Austin area includes Travis, Williamson, Hays, Bastrop, Burnet and Caldwell counties. This year's list of Austin's 45 publicly held companies is down from last year's list of 56. A record-breaking fourteen firms left the list ––most by moving headquarters or mergers. Molecular Templates filed bankruptcy in May and Digital Brands Group was downgraded from the Nasdaq to OTCQX. A 46th public company, Victory Clean Energy, is not included because it has delayed filing its 2024 10(K) and related proxy. Five firms have joined the ranks, including SailPoint Technologies which IPOed for a second time in 2025 after being acquired and taken private in 2022. Other newcomers are MNTN, Monogram Technologies Inc., T1 Energy Inc. and Total Site Solutions (TSS) which moved from OTC to Nasdaq. Overall, the 45 listmakers have a combined revenue of $289 billion for their fiscal year ending in 2024. Dell's revenue dropped $14 billion and the companies that left the list took about $10 billion in revenue with them. Data is gathered from annual 10(K) and proxy reports as filed with the SEC. ABJ surveys these firms to update local employee count and current top executives.
Hamilton Spectator
18-06-2025
- Business
- Hamilton Spectator
OTC Markets Group Welcomes Digital Brands Group, Inc. to OTCQX
NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Digital Brands Group, Inc. (OTCQX: DBGI), a company specializing in eCommerce, fashion, and luxury lifestyle brands, has qualified to trade on the OTCQX® Best Market. Digital Brands Group, Inc. upgraded to OTCQX from the Pink® market. Digital Brands Group, Inc. begins trading today on OTCQX under the symbol 'DBGI.' U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on . The OTCQX Market provides investors with a premium U.S. public market to research and trade the shares of investor-focused companies. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. About Digital Brands Group, Inc. We offer a wide variety of apparel through numerous brands on a direct-to-consumer and wholesale basis. We have created a business model derived from our founding as a digitally native-first vertical brand. We focus on owning the customer's 'closet share' by leveraging their data and purchase history to create personalized targeted content and looks for that specific customer cohort. About OTC Markets Group Inc. OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market, and Pink® Open Market. Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets. OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS™ are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC. To learn more about how we create better informed and more efficient markets, visit . Subscribe to the OTC Markets RSS Feed Media Contact: OTC Markets Group Inc., +1 (212) 896-4428, media@
Yahoo
18-06-2025
- Business
- Yahoo
OTC Markets Group Welcomes Digital Brands Group, Inc. to OTCQX
NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Digital Brands Group, Inc. (OTCQX: DBGI), a company specializing in eCommerce, fashion, and luxury lifestyle brands, has qualified to trade on the OTCQX® Best Market. Digital Brands Group, Inc. upgraded to OTCQX from the Pink® market. Digital Brands Group, Inc. begins trading today on OTCQX under the symbol 'DBGI.' U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on The OTCQX Market provides investors with a premium U.S. public market to research and trade the shares of investor-focused companies. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. About Digital Brands Group, offer a wide variety of apparel through numerous brands on a direct-to-consumer and wholesale basis. We have created a business model derived from our founding as a digitally native-first vertical brand. We focus on owning the customer's 'closet share' by leveraging their data and purchase history to create personalized targeted content and looks for that specific customer cohort. About OTC Markets Group Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market, and Pink® Open Market. Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets. OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS™ are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC. To learn more about how we create better informed and more efficient markets, visit Subscribe to the OTC Markets RSS Feed Media Contact:OTC Markets Group Inc., +1 (212) 896-4428, media@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
04-04-2025
- Business
- Yahoo
Digital Brands Group closes acquisition of Open Daily's assets
Digital Brands Group, an e-commerce and fashion company, has finalised its acquisition of assets from virtual shopping technology provider Open Daily. The asset purchase agreement, executed on 1 April, 2025, has facilitated Digital Brands Group's acquisition of intellectual properties including patent applications, trademarks, and software products and platforms. In return, Digital Brands Group issued 344,827 shares of its common stock to Open Daily. Headquartered in Vancouver, British Columbia, Canada, Open Daily develops tools that enhance how brands engage with consumers. Their solutions are designed to improve conversion rates, streamline customer journeys and elevate the online shopping experience through real-time interactions. The company offers three primary services designed to enhance the online shopping experience. Outfit Virtual Shopping replicates the in-store shopping atmosphere, fostering increased customer engagement and higher conversion rates. Outfit Voice AI serves as a multilingual shopping assistant, delivering personalised experiences and superior customer support, while Outfit Neuroscience-Driven AI (ND-AI) provides deep consumer insights by analysing behavioural and engagement data. The acquisition is in line with Digital Brands Group's objective to broaden its reach in the domain of online shopping. By incorporating interactive commerce solutions, the company aims to facilitate more meaningful interactions between brands and customers. Digital Brands Group CEO Hil Davis stated: "With Open Daily's virtual shopping technology assets, we see an opportunity to enhance digital retail experiences. "This acquisition strengthens our ability to provide brands with innovative tools to improve engagement, increase sales and create a more immersive shopping environment." In 2024, the company partnered with VAYNERCOMMERCE to drive digital revenue. In the third quarter of the year Digital Brands Group reported net revenues of $2.4m compared to $3.3m in the same period of 2023. The company plans to enhance its presence by investing in additional digital channels and platforms. Key initiatives also involve content creation, collaborations with influencers and the release of exclusive monthly product capsules only available online. These capsules will feature unique pricing, fabrics and designs. "Digital Brands Group closes acquisition of Open Daily's assets" was originally created and published by Retail Insight Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
