# EDGAR Filing Document

**Accession Number:** 0001803914
**File Stem:** 0001104659-23-009917
**Filing Date:** 2023-2
**Character Count:** 8901
**Document Hash:** 6989f75854fd4a6b6083077fa724c1e1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-009917.hdr.sgml**: 20230202

**ACCESSION NUMBER**: 0001104659-23-009917

**CONFORMED SUBMISSION TYPE**: 424B5

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20230202

**DATE AS OF CHANGE**: 20230202

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PLBY Group, Inc.
- **CENTRAL INDEX KEY:** 0001803914
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-MISCELLANEOUS RETAIL [5900]
- **IRS NUMBER:** 371958714
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 424B5
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-267273
- **FILM NUMBER:** 23581296

**BUSINESS ADDRESS:**
- **STREET 1:** 10960 WILSHIRE BLVD
- **STREET 2:** SUITE 2200
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90024
- **BUSINESS PHONE:** 310-424-1800

**MAIL ADDRESS:**
- **STREET 1:** 10960 WILSHIRE BLVD
- **STREET 2:** SUITE 2200
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90024

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Mountain Crest Acquisition Corp.
- **DATE OF NAME CHANGE:** 20200219

**Filed Pursuant to Rule 424(b)(5)<br> Registration Statement No. 333-267273**

**PROSPECTUS SUPPLEMENT No. 2**

**(To Prospectus dated September 2, 2022)**

![](image_001.jpg)

**$50 Million of Our Common Stock Issuable Upon the Exercise of Rights**

This prospectus supplement is being filed to update and supplement the information contained in the prospectus supplement dated January 9, 2023 (together with the accompanying base prospectus, the "Prospectus") related to the PLBY Group, Inc. (the "Company") previously distributed, at no charge, to the holders of record of our outstanding shares of common stock, par value $0.0001 per share ("Common Stock"), as of 5:00 p.m., Eastern Time, on December 16, 2022, non-transferable subscription rights to purchase an aggregate of up to $50 million of our Common Stock (the "Rights Offering"), with information regarding the final settlement of and number of shares of Common Stock being issued pursuant to the Rights Offering.

Pursuant to the terms of the Rights Offering, the Company is issuing, in the aggregate, 19,561,050 shares of Common Stock, at a subscription price of $2.5561 per share, for total gross proceeds of $50 million.

Because the Rights Offering was over-subscribed, the Company will not be issuing any shares of Common Stock pursuant to the backstop commitment made by purchasers in the previously announced registered direct offering, in which such purchasers agreed to purchase up to an additional $10 million of shares of Common Stock, only to the extent that the Rights Offering was not fully subscribed. Accordingly, the total gross proceeds received by the Company, before applicable fees and expenses, from the registered direct offering were $15 million.

In connection with the Rights Offering, the Company entered into a standstill agreement (the "Standstill Agreement") with Rizvi Opportunistic Equity Fund, L.P., Rizvi Opportunistic Equity Fund (TI), L.P., Rizvi Opportunistic Equity Fund I-B, L.P., Rizvi Opportunistic Equity Fund I-B (TI), L.P., Rizvi Opportunistic Equity Fund II, L.P., Rizvi Traverse Partners LLC, Rizvi Traverse Partners II, LLC and RT-ICON FF LLC (collectively, "RTM") pursuant to which, among other limitations, RTM and their affiliates agreed not to purchase shares of Common Stock, such that RTM and their affiliates' ownership would exceed 29.99% of the Company in the aggregate following any acquisition of Common Stock during the standstill period. The standstill period means any period from and after January 30, 2023 in which RTM and their affiliates collectively own, beneficially or of record, more than 14.9% of the total outstanding shares of Common Stock. As a result, the Company limited RTM's allocation in the over-subscription in the Rights Offering such that it owns 29.99% of the Company's outstanding Common Stock as of the closing of the Rights Offering.

This prospectus supplement updates and supplements the information in the Prospectus. This prospectus supplement should be read in conjunction with the Prospectus and if there is any inconsistency between the information in the Prospectus and this prospectus supplement, you should rely on the information in this prospectus supplement.

**INVESTING IN OUR COMMON STOCK INVOLVES RISKS THAT ARE DESCRIBED IN THE "Risk Factors" SECTION BEGINNING ON PAGE S-8 OF THE PROSPECTUS, ITEM 1A ("Risk Factors") BEGINNING ON PAGE 11 OF OUR ANNUAL REPORT ON FORM 10-K FOR THE FISCAL YEAR ENDED DECEMBER 31, 2021, FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON MARCH 16, 2022, AND ITEM 1A ("RISK FACTORS") BEGINNING ON PAGE 59 OF OUR QUARTERLY REPORT ON FORM 10-Q FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2022, FILED WITH THE SECURITIES AND EXCHANGE COMMISSION (THE "SEC") ON NOVEMBER 9, 2022, WHICH ARE INCORPORATED BY REFERENCE IN THE PROSPECTUS, AS WELL AS THE OTHER INFORMATION INCLUDED AND INCORPORATED BY REFERENCE IN THE PROSPECTUS.**

**Our Common Stock is listed on the Nasdaq Global Market ("Nasdaq") under the symbol "PLBY."**

**Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of the securities to be issued under this prospectus supplement or determined if this prospectus supplement or the accompanying prospectus is truthful or complete. Any representation to the contrary is a criminal offense.**

Dealer Manager

**Jefferies**

**The date of this prospectus supplement is February 1, 2023**

## Ex-Filing

**Exhibit 107**

**Calculation of Filing Fee Tables**

**425(b)(5)<br> (Form Type)** 

**PLBY Group, Inc.<br> (Exact Name of Registrant as Specified in its Charter)** 

<u>Table 1: Newly Registered Securities</u>

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;Security Type | &nbsp;&nbsp;Security Class Title | &nbsp;&nbsp;Fee Calculation Rule | &nbsp;&nbsp;Amount Registered<sup>(1)</sup> | &nbsp;&nbsp;Proposed Maximum Offering Price Per Share<sup>(2)</sup> | &nbsp;&nbsp;Maximum Aggregate Offering Price<sup>(3)</sup> | &nbsp;&nbsp;Fee Rate | &nbsp;&nbsp;Amount of Registration Fee |
| &nbsp;&nbsp;Newly Registered Securities | &nbsp;&nbsp;Newly Registered Securities | &nbsp;&nbsp;Newly Registered Securities | &nbsp;&nbsp;Newly Registered Securities | &nbsp;&nbsp;Newly Registered Securities | &nbsp;&nbsp;Newly Registered Securities | &nbsp;&nbsp;Newly Registered Securities | &nbsp;&nbsp;Newly Registered Securities | &nbsp;&nbsp;Newly Registered Securities |
| &nbsp;&nbsp;Fees to be Paid | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;— |
| &nbsp;&nbsp;Fees Previously Paid | &nbsp;&nbsp;Equity | &nbsp;&nbsp;Common Stock par value $0.0001 per share, issuable upon exercise of Rights | &nbsp;&nbsp;457(o) | &nbsp;&nbsp;19561050 | &nbsp;&nbsp;$2.5561 | &nbsp;&nbsp;$50000000.00 | &nbsp;&nbsp;$110.20 per $1,000,000 | &nbsp;&nbsp;$5510.00 |
|  | &nbsp;&nbsp;Total Offering Amounts | &nbsp;&nbsp;Total Offering Amounts | &nbsp;&nbsp;Total Offering Amounts | &nbsp;&nbsp;Total Offering Amounts |  | &nbsp;&nbsp;$50000000.00 |  | &nbsp;&nbsp;— |
|  | &nbsp;&nbsp;Total Fees Previously Paid | &nbsp;&nbsp;Total Fees Previously Paid | &nbsp;&nbsp;Total Fees Previously Paid | &nbsp;&nbsp;Total Fees Previously Paid |  |  |  | &nbsp;&nbsp;— |
|  | &nbsp;&nbsp;Total Fee Offsets | &nbsp;&nbsp;Total Fee Offsets | &nbsp;&nbsp;Total Fee Offsets | &nbsp;&nbsp;Total Fee Offsets |  |  |  | &nbsp;&nbsp;$5510.00 |
|  | &nbsp;&nbsp;Net Fee Due | &nbsp;&nbsp;Net Fee Due | &nbsp;&nbsp;Net Fee Due | &nbsp;&nbsp;Net Fee Due | &nbsp;&nbsp;— |  |  | &nbsp;&nbsp;—<sup>(4)</sup> |

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(1) Represents the shares of common stock, par value $0.0001 per
share (the "Common Stock"), issued in connection with the Registrant's rights offering.

(2) Represents the subscription price per share of Common Stock
equal to eighty-five percent (85%) of the VWAP (as defined below) of a share of the registrant's Common Stock for the ten-trading
day period through and including January 20, 2023. "VWAP" means, for any trading day, the volume-weighted average price of
the registrant's Common Stock on the Nasdaq Global Market, as reported by Bloomberg L.P. between 9:30 a.m. and 4:00 p.m., Eastern
Time, on such date.

(3) Relates to the registration statement on Form S-3 (Registration
No. 333- 267273) filed by the Registrant for the sale of up to $250,000,000 of the Registrant's securities, which was declared
effective on September 13, 2022 (the "Form S-3") and pursuant to which the Registrant paid a registration fee of $23,175.00.

(4) Pursuant to Rule 424(g)(2) and General Instruction II.F to Form
S-3, this prospectus supplement shall be deemed a final prospectus for purposes of the offering of the securities described herein.