Digital Brands Group Inc (DBGI)

[KeepItRealistic]

$DBGI CC snippets regarding going private

https://seekingalpha.com/article/4558401-digital-brands-group-inc-dbgi-q3-2022-earnings-call-transcript

“And I think we have to think what's best for the shareholders. And if we're getting significantly larger interest and offers at the private level, we have to consider that, and we will consider that. And it's definitely a deep, deep discount to reality, in our opinion.”

“But if we're not also going to get credit for building a $50 million, $90 million, $125 million revenue business over the next nine months, there's not really a reason to be in the public markets, especially if we're going to trade at $2.5 million to $3.5 million of market cap. I mean, our market cap is literally probably roughly a little less than half of what our Q1 revenues will be, which is pretty interesting and obviously pretty compelling for a lot of outside people.”