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 (DXLG) Announces Stock Offering by Selling Stockholder; Size not Disclosed

September 9, 2021 4:15 PM EDT

Destination XL Group, Inc. (NASDAQ: DXLG), the leading omni-channel specialty retailer of Big + Tall mens clothing and shoes, today announced the commencement of an underwritten public offering of shares of the Companys common stock by Red Mountain Partners, L.P. 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 costs associated with the sale of such shares, other than... More