Naked Brand Group raises funds in market offering

|About: Naked Brand Group, Inc. (NAKD)|By:, SA News Editor

Naked Brand Group (NASDAQ:NAKD) announces that it raised $5.5M in proceeds by selling 2,189,052 shares at an average price of $2.51 pursuant to an agreement with Maxim Group.

Naked raised ~$5.3M in net proceeds under the program and currently has no further capacity to sell shares under its $7.5M shelf registration statement filed last fall.

NAKD -0.81% premarket to $2.45.

Source: Press Release