Destination xl group, inc. announces offering of common stock by selling stockholder

Canton, mass., sept. 09, 2021 (globe newswire) -- destination xl group, inc. (nasdaq: dxlg), the leading omni-channel specialty retailer of big + tall men's clothing and shoes, today announced the commencement of an underwritten public offering of shares of the company's 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 underwriting discounts and commissions and the expenses of the underwriters. the offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed or as to the actual size or terms of the offering.
DXLG Ratings Summary
DXLG Quant Ranking