Naked Brand registers $8.63 million of its stock for public offering

Bookrunner Noble Financial Capital Markets will assist with financing

By Devika Patel

Knoxville, Tenn., Sept. 24 – Naked Brand Group Inc. will price a public offering of common stock with an over-allotment option, according to a Form S-1 filed Thursday with the Securities and Exchange Commission. The company has registered up to $8,625,000 of stock for the deal.

Noble Financial Capital Markets is the bookrunner.

Proceeds will be used for product development, marketing, working capital and general corporate purposes.

The men’s undergarment manufacturer is based in Abbotsford, B.C.

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