Mobile Infrastructure Corporation, DBG Corp, has successfully uplisted to the Nasdaq Capital Market, effective August 20, 2025. The company will maintain its ticker symbol "DBGI" on the new exchange. This move aims to enhance investor visibility, improve stock liquidity, and support growth strategies. DBG Corp operates in eCommerce and Fashion, focusing on personalized marketing strategies and operating direct-to-consumer and wholesale apparel channels.
Mobile Infrastructure Corporation, DBG Corp, has successfully uplisted to the Nasdaq Capital Market, effective August 20, 2025. The company will maintain its ticker symbol "DBGI" on the new exchange. This move aims to enhance investor visibility, improve stock liquidity, and support growth strategies. DBG Corp operates in the eCommerce and Fashion sectors, focusing on personalized marketing strategies and operating direct-to-consumer and wholesale apparel channels.
The uplisting to Nasdaq is a significant milestone for DBG Corp, as it transitions to a more established and visible market. The company believes this transition positions it well to continue building long-term value for shareholders. DBG Corp will continue to operate under its current business model and retain its ticker symbol "DBGI" on Nasdaq.
The company's CEO, Hil Davis, stated, "The uplisting to Nasdaq marks a key milestone in our evolution, designed to enhance investor visibility, increase liquidity, and allow Digital Brands Group to pursue its growth strategy. We believe this transition positions us well to continue building long-term value for shareholders."
DBG Corp offers a wide variety of apparel through numerous brands on a both direct-to-consumer and wholesale basis. The company's business model is derived from its founding as a digitally native-first vertical brand, focusing on owning the customer's "closet share" by leveraging their data and purchase history to create personalized targeted content and looks for specific customer cohorts.
The uplisting to Nasdaq should provide enhanced market access and visibility for DBG Corp. The company plans to use the new funds for working capital and general business operations, which have been a challenge due to the high costs of developing innovative cancer treatments.
References:
[1] https://www.globenewswire.com/news-release/2025/08/20/3136565/0/en/UPDATED-Digital-Brands-Group-Announces-Uplisting-to-Nasdaq.html
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