Xcel Brands, Inc. Announces Proposed Public Offering of Common Stock
NEW YORK, March 14, 2024 (GLOBE NEWSWIRE) — Xcel Brands, Inc. (“Xcel”; NASDAQ:XELB), a media and consumer products company engaged in the design, licensing, marketing, live streaming and social commerce sales of branded apparel, footwear, accessories, fine jewelry, home goods and consumer products, and the acquisition of dynamic consumer lifestyle brands, today announced that it is commencing an underwritten public offering of shares of its common stock (or common stock equivalents). All of the shares of common stock (or common stock equivalents) are being offered by Xcel. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.