DFBGDesigns for Better Giving (Los Angeles, CA)
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Relatedly, certain members of GBG's existing management team, co-investors and lenders will be making an equity investment in the common stock of DFBG.
Upon the closing of the transaction, Tengram Capital Partners, LP will convert all of its series A and series A-1 convertible preferred stock into common stock of DFBG.
It is anticipated that upon closing, DFBG will have in excess of USD 2.3bn in pro forma annual revenue comprised of branded men's, women's, and kid's apparel, along with accessories that will be distributed to a diversified base of consumers across all retail and digital channels.
(NASDAQ: DFBG) is a platform that focusses on branded operating companies in the premium apparel, footwear and accessories sectors.
and will remain publicly listed on NASDAQ under the ticker DFBG.