The Nasdaq-traded company, which went public through a SPAC merger in 2021, plans to raise $100 million in a secondary offering.
In the final week of 2023, the 20-stock music index gained 1.1% to 1,534.07.
"Merchants of garbage," live music spending, rosy outlooks and more.
MC Altaf, D'Evil and Stunnah Beatz are longtime collaborators of DIVINE.
The group's classic catalog is set to arrive on DSPs on March 3, following a 2021 deal with Reservoir Media.
In a deal that includes both rights to Prima's masters and publishing, Reservoir now holds shares of classics like "Sing, Sing, Sing" and "Pennies from Heaven."