 AUSTIN, Texas, June 28, 2021 PRNewswire -- Digital Brands Group, Inc. NASDAQ: DBGI Digital Brands or the Company, today announced the underwriters of Digital Brands previously announced public offering that initially closed on May 18, 2021 have purchased an additional 361,445 shares of common stock pursuant to the exercise by the underwriters of the remaining portion of their over-allotment option at a public offering price of 4.15 per share. Digital Brands has now sold a total of 2,771,084 shares of common stock and warrants to purchase 2,771,084 shares of common stock for aggregate gross proceeds of approximately 11.5 million, prior to deducting underwriting discounts, commissions, and other offering expenses. 