Byborg To Make $22.35 Million Investment In PLBY

(Los Angeles, Calif.) - PLBY Group, the publicly traded parent company that owns Playboy, announced a significant equity investment by adult entertainment umbrella company Byborg Enterprises SA. Byborg agreed to purchase at least 14.9 million newly issued shares of common stock at $1.50 per share for a total of $22.35 million. Byborg is the parent company of LiveJasmin, Cherry.TV, and Kiiroo. Posted 11/8/24

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