Digital Brands Group stays public for now while it reviews whether to go private each month.
Digital Brands Group (DBGI) is reviewing whether to remain public or go private monthly. The company reports strong performance in its AVO brand, with improved conversion rates, ROAS, and revenue growth. DBGI upgraded its Q4 cash flow forecast to $4.7M from a $3.3M contract. AVO is expanding retail presence and launching new products. Early-stage investors have expressed interest in DBGI.
