Digital Brands Group, Inc. (NASDAQ:DBGI) Q3 2023 Earnings Call Transcript

Hil Davis: Sorry, one more question I just got. Someone asked about the volume today and what’s going on and what’s happening with [indiscernible] prefunded warrants. And they have been exercising those prefunded warrants. They are almost frame clear of all of them, which I think has been creating a lot of volatility. But as part of the pipe deal we did in early September, as part of it, it was prefunded warrants that they could convert into common, which they’ve been doing over the last week and at this point, they should be mostly out of those. And I think that is also just created an overhang as I’ve gotten a lot of questions about that from investors, and that should be done or very, very close to being done at this point.

Operator: I would like to thank our speakers for today’s presentation, and thank you all for joining us. This now concludes today’s call, and you may now disconnect.