Evine Live Inc., a multiplatform interactive video and digital commerce company, sold $6 million of common stock and warrants at $0.75 per unit to investors and secured a $5 million increase in its vendor line for The Invicta Watch Group (IWG)’s family of brands. Evine also received a commitment from IWG to invest an additional $25 million in Evine products in 2019. Our firm represented Evine in connection with the investment and ongoing partnership between Evine and IWG.
May 2019