Digital Brands Up 9%, Concludes Sundry Acquisition

Shares of Digital Brands Group, Inc. (DBGI), a curated collection of luxury lifestyle, digital-first brands, are rising more than 9% Friday morning at $4.83. The company today said it has completed the previously announced acquisition of Sundry. “We believe adding Sundry to our Bailey Shop, which is our multi-brand e-commerce […]

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How Disruptive Was 2022 For Crypto World’s Hierarchy?

It is the fag end of 2022, a truly turbulent year for the crypto asset class. Massive monetary policy tightening, industry level shocks ranging from high-profile bankruptcies, stablecoin collapses and hacks as well as unprecedented geopolitical tensions caused the year to be heavily market cap decretive and hierarchy disruptive for […]

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KalVista Pharma Rises; Offers To Sell Shares

Shares of KalVista Pharmaceuticals, Inc. (KALV) are rising more than 17% Tuesday morning. The company today said it has entered into a subscription agreement with institutional investors to sell 9.484 million shares in a registered direct offering at a price of $6.00 per share and 182,470 prefunded warrants at $5.999. […]

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Cryptos Subdued Amidst FTX Effects, Macro Concerns

Cryptocurrencies hovered close to the flatline on Friday amidst a weak market sentiment driven by developments in the FTX saga as well as lingering macro-economic concerns. The SEC’s recent classification of the FTX token FTT as a security and the warnings from SEC officials about proof-of-reserves also weighed on market […]

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