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Naked Brand Group Limited: Naked Brand Group Signs Definitive Agreement for $100 Million Private Placement SYDNEY, AUSTRALIA / ACCESSWIRE / February 25, 2021 / Naked Brand Group Limited ( NASDAQ:NAKD) ( Naked or the Company ), a global leader in intimate apparel, has signed a definitive agreement for a private placement of restricted ordinary shares and warrants for aggregate gross proceeds of approximately $100 million with accredited investors. Upon the closing of the private placement, the proceeds will be used to develop the Company s technology solutions, increase its existing digital footprint, and pursue accretive acquisitions of existing e-commerce brands and for general corporate purposes. The Company believes its recent capital raising activities accelerates its transition to a pure play e-commerce platform business.

United statesNew south walesJustin davisChris tysonExchange commissionNaked brand groupNaked brand group limitedAdditional capitalAccelerate developmentDigital platform technologySupport acquisitionsExpande commerceNasdaq stock marketOrdinary sharesJustin davis riceChief executive officer