PLBY Group (PLBY) Announces Strategic Partnership with Byborg Enterprises SA

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PLBY Group Announces Strategic Partnership with Byborg Enterprises SA

October 31, 2024 8:30 AM EDT

Byborg Enterprises Agrees to Purchase 14.9 Million Shares of PLBY at $1.50 Per Share

Byborg Enterprises Signs Non-Binding LOI to License Digital IP and Operate Select Playboy Digital Assets with a Commitment of $300 Million in Minimum Guaranteed Payments Over Initial 15-Year Term

LOS ANGELES, Oct. 31, 2024 (GLOBE NEWSWIRE) -- PLBY Group, Inc. (NASDAQ: PLBY) (PLBY Group or the Company), owner of Playboy, one of the most recognizable and iconic brands in the world, announced today the signing of a significant equity investment by... More