Digital Domain Media Group (NYSE: DDMG) Closes $35M Financing

Digital Domain Media Group (NYSE: DDMG), a digital visual effects (VFX) and computer-generated (CG) animation company based in Port St. Lucie, has completed a $35 million senior convertible note offering to a group of institutional investors led by Tenor Capital and issued an $8 million subordinated convertible note to Comvest Capital to refinance existing debt held by Comvest Capital. DDMG’s work appears in dozens of films, including Titanic, the Transformers series, Real Steel and TRON: Legacy, as well hundreds of commercials.  The company was founded by West Palm Beach native John Textor. Read more here.