On December 30, 2022, Digital Brands Group, Inc., a Delaware corporation (the “Company” or “DBG”) completed its previously announced acquisition (the “Acquisition”) of all of the issued and outstanding membership interests of Sunnyside, LLC, a California limited liability company (“Sundry”), pursuant to that certain Second Amended and Restated Membership Interest Purchase Agreement (the “Agreement”), dated October 13, 2022, by and among Moise Emquies, George Levy, Matthieu Leblan and Carol Ann Emquies (“Sellers”), George Levy as the Sellers’ representative, the Company as Buyer, and Sundry.
zzzzzzzzzz. Expected a reaction similar to when the PR came out last week....but....actually, a nice slow and orderly rise in pps is preferred, so.................................GL