Destination XL Group (DXLG) Prices 5.73M Share Offering at $6.10/sh

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Go back to Destination XL Group (DXLG) Prices 5.73M Share Offering at $6.10/sh

Destination XL Group, Inc. Announces Pricing of Offering of Common Stock by Selling Stockholder

September 9, 2021 7:58 PM EDT

CANTON, Mass., Sept. 09, 2021 (GLOBE NEWSWIRE) -- Destination XL Group, Inc. (NASDAQ: DXLG), the leading omni-channel specialty retailer of Big + Tall mens clothing and shoes, today announced the pricing of an underwritten public offering of 5,733,076 shares of common stock by Red Mountain Partners, L.P. at a public offering price of $6.10 per share. The selling stockholder will receive all of the net proceeds from the offering. The Company is not offering any of its shares of common stock and will not receive any of the proceeds from the offering, but will bear certain... More